3rdPartyFeeds

Facebook picks winners and losers ahead of news page launch

Facebook will pay millions of dollars to some publications featured on its news page but nothing to others, as its efforts to rebuild trust divide the US media sector. The social media giant has offered no money to Reuters or Associated Press, according to people close to the discussions — arguing that wire services do not qualify despite offering seven-figure deals to rivals Bloomberg and Dow Jones. and Robert Thomson, chief executive of Dow Jones owner News Corp, are set to introduce the service on Friday. Read More...

Facebook will pay millions of dollars to some publications featured on its news page but nothing to others, as its efforts to rebuild trust divide the US media sector. The social media giant has offered no money to Reuters or Associated Press, according to people close to the discussions — arguing that wire services do not qualify despite offering seven-figure deals to rivals Bloomberg and Dow Jones. and Robert Thomson, chief executive of Dow Jones owner News Corp, are set to introduce the service on Friday.

Read More

Add Comment

Click here to post a comment