November 07, 2019

Facebook to introduce News Tab on its platform

[ by Legal Era News Network ]


Social networking giant Facebook has tied up with 200 news outlets to introduce a dedicated News tab on its platform highlighting most relevant news in the nation on a daily basis.

According to Mark Zuckerberg, the introduction of a dedicated News service on its platform will help news publishers earn and stay afloat in the competitive news era. Facebook will reportedly pay as much as $3 million to license headlines and previews of article from “major news outlets”.

Zuckerberg has predicted that in a few years, approximately 20 million to 30 million people could use the News tab. He further said that the internet has disrupted the business model for journalism. Moreover, according to him, the major internet platforms have a responsibility to form partnerships and help fund this work.

The News tab will initially be available to about 200,000 people in some of the largest cities in the United States. The social networking giant has hired a team of journalists to help curate major national stories.

Related Post

latest News

  • SC moved against BCI life ban by Chennai Lawyer

    Justice D.Y. Chandrachud, while hearing the plea of the first lawyer after Mahatma Gandhi to get a life ban at the instance of the Bar Council of Indi...

    Read More
  • PIL Against Just Released Hindi Film ‘Good Newwz’

    A Public Interest Litigation (PIL) has been filed against already released Hindi film ‘Good Newwz’ (sic) in the Karnataka High Court, seeking a st...

    Read More
  • Zee News Employees Test Positive for COVID-19, Newsroom Sealed

    Zee Media on May 18 announced that 28 of its employees have tested positive for Covid-19 and its office, newsroom and studios have been sealed.

    Read More