Facebook on Friday confirmed that some stories from News Corp, publisher of The Wall Street Journal, will be among the headlines delivered in a news tab the leading social network plans to launch in coming weeks. No details were provided about the agreement, but last month Facebook said it plans to pay only a portion of the publishers whose stories appear in the tab. Facebook and Google currently dominate the market for online advertising, making it harder for traditional news organizations to gain traction in digital. The WSJ has reported that Facebook plans to pay about a quarter of the estimated 200 news organisations whose articles will be featured. A human team will select relevant, reliable breaking and top news stories for the tab and the number of publishers involved will grow over time, Facebook has said.

Source: The Hindu October 19, 2019 18:11 UTC