Facebook, the Social media giant is now planning to update the app with new ‘News’ section for the users. Facebook News will be paying the news content provider.
Facebook CEO, Mark Zuckerberg is looking forward to meet News Corp CEO Robert Thomson for discussion of journalism through Social Media Platform. News Corporation is a parent company of the Wall Street Journal. There is a confirmation that Mark Zuckerberg along with Robert Thomson is planning to make an announcement for Facebook’s news tab. The event is organized by Facebook on October 25 in New York to show “a first look at Facebook News.”
Mark Zuckerberg gave a hint about this new feature in meeting with the House Committee on Financial Services on Wednesday.
Later in this week we actually have a big announcement coming up on launching a big initiative around news and journalism where we’re partnering with a lot of folks to build a new product that’s supporting high-quality journalism
News-Delivery Business
Facebook is been trying to solve this issue from along time. Last year, the company came up with an idea of dividing the news feed into two sections of personal, family and friend posts and other feed for brands, publishers and other businesses. However, the implementation of the feature was not done for unknown reasons.
Facebook and other Social networking platforms like twitter, Instagram are several times accused of not taking actions against the false and incorrect news information that is posted, shared. There is a research report from the Pew Research Center that 60% of US citizens shared false information because they relied on the news from social media platforms.
Facebook applied some updates in private Facebook groups in order to minimize the misinformation, censored issues, and more conflict content from going viral.
The Wall Street Journal revealed that the facebook is reaching out to news outlets for a long time. More than 200 news organizations including them and the Washington Post, as well as business insider, BuzzFeed News and more local media companies, are now partnered with Facebook for the news tab section. The VC of Facebook’s Global news partnerships, Campbell Brown said
Working with the news industry to get Facebook’s News tab right is our goal and focus this year. We are getting tremendous partner feedback on the product, and looking forward to launching this very soon. I believe we can provide people on Facebook a better news experience.
Controversy on ‘News Tab’ feature
Earlier in 2016, facebook implemented a new section ‘trending’ in the platform. It created a lot of hustle that the company editors were updating stories from their point of view. Allegations were proved wrong but still facebook discontinued the feature.
Now the News tab is also being supposed as a controversial feature because facebook is not paying all the news publishers. Although most of the news organizations share news information on facebook from their pages. However, the trend of spreading false news is much higher.
Facebook did not share the confirmation of launch for the feature or the info about the collaborated organization. We know that facebook will appoint an editorial team for top stories so that users can select their topic of interest like sports, entertainment current affairs, etc. Also, the feature will not be free, it will require a paid subscription.