Originally published at Seattle Times
On Friday, Facebook unveiled its “News Tab,” a feature that will promote to the social network’s users news articles from a handpicked collection of outlets.
Facebook says it created the feature because “we want new forms of journalism in the digital age, including individual, independent journalism, to flourish.”
In exchange, some of the participating news outlets will be compensated for their content, receiving up to $3 million a year. The social-media giant rolled out the News Tab to a limited subset of Facebook’s 2.5-billion users; the company hopes to expand the feature so it’s available to more people by early 2020.
While the News Tab isn’t a bad thing in and of itself, it doesn’t address a larger issue that’s long festered between Facebook and the news business... [More at Seattle Times]