Facebook's news page to help publishers make money

Facebook CEO Mark Zuckerberg has faced questioning by U.S. and EU lawmakers over how Cambridge Analytica improperly got hold of the personal data of 87 million Facebook users from a researcher.

Facebook Inc plans to create a separate news page on its platform where publishers will be able to make money, Chief Executive Officer Mark Zuckerberg said on Monday.

Facebook could potentially have a direct relationship with publishers in order to make sure that their content is available, Zuckerberg said, while speaking with Mathias Doepfner, CEO of Germany's digital publishing house Axel Springer.

The discussion was part of his personal challenge for 2019 where Zuckerberg said he will host regular public discussions about the future of technology in society.

The company plans to help publishers make money from their news content and is considering all options, including paying them, a Facebook spokesperson said in a statement.

The world's largest social network has come under fire for its approach to privacy and user data as well as increasing concerns over its advertising practices. - Reuters
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Facebook , Zuckerberg , news page , publishers , make money ,


Next In Business News

Falling ASP casts doubt on Hartalega's outlook
Trading ideas: Hartalega, Dufu, HB Global
Infineon production outages in Malaysia compound automotive chip supply crunch
Venezuela's oil exports up in July, fueled by ship-to-ship transfers off Malaysia, Venezuela
Singapore's Del Monte Pacific delays Philippine unit IPO on virus surge
US SEC Chair Gensler calls on Congress to help rein in crypto 'Wild West'
Oil price settles lower in volatile trade on worries about Delta variant
GLOBAL MARKETS-'Tug of war' as investors digest mixed market messages
Starting small with digitalisation
Large profit but soft prices

Stories You'll Enjoy