Facebook Wants to Change How You Consume News
Facebook (NASDAQ: FB) is working on a dedicated news tab featuring high-quality journalism. Mark Zuckerberg recently shared the idea in an interview with Mathias Dopfner, CEO of German publishing house Axel Springer.
Zuckerberg says Facebook would take a more hands-on approach to provide users with high-quality, trusted content by developing direct relationships with publishers. That might even include paying publishers directly in exchange for putting their content in this dedicated section.
Interestingly, Zuckerberg went public with this idea just after Apple (NASDAQ: AAPL) announced News+, its $10-per-month magazine and newspaper subscription service. He also made a point to say the proposed news tab would be different from Twitter (NYSE: TWTR), which is also heavily focused on news content.
Source Fool.com