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    Facebook says it is considering India for launching new product, Facebook News

    Synopsis

    Facebook refers to the new product as a ‘personalised’ destination for news within Facebook with users getting top headlines and stories for the day based on their interests.

    Brown said the US launch of Facebook News marked a new chapter in the company’s relationship with the news industry and it’s off to a ‘strong start.’
    New Delhi: In a blog post, Facebook has announced it is planning to launch Facebook News in multiple countries within the next six months to a year and is considering India and other markets such as the UK, Germany, France, and Brazil. "In each country, we’ll pay news publishers to ensure their content is available in the new product," Campbell Brown, VP, global news partnerships wrote in the post dated August 25.

    Facebook refers to the new product as a ‘personalised’ destination for news within Facebook with users getting top headlines and stories for the day based on their interests. News is only available on the Facebook apps for Android and iPhone in the US currently.

    Brown said the US launch of Facebook News marked a new chapter in the company’s relationship with the news industry and it’s off to a ‘strong start.’

    Facebook News was launched in the US in June.

    “Helping publishers reach new audiences has been one of our most important goals, and we’ve found over 95% of the traffic Facebook News delivers to publishers is incremental to the traffic they already get from News Feed,” he added.

    4

    Sensing declining ad revenues due to Covid-19 in the media industry, some countries have been demanding tech companies should pay publishers for news content.

    Late last month, Australia’s competition regulator had announced its plan to force companies like Google and Facebook to pay news outlets for their content under a news media bargaining code.

    The companies could be asked to pay hundreds of millions of dollars in fines for non compliance under the code released by The Australian Competition and Consumer Commission as per reports.

    In France, antitrust regulators ordered Google to pay for content from French publishers in April.

    Facebook has been at the forefront a political controversy around hate speech posts in India after a Wall Street Journal report alleged that a senior Facebook executive opposed applying its hate speech rules on controversial posts of a BJP leader and three other Hindu nationalist individuals and groups for violating its standards. Facebook has, however, said that it is open, transparent and non-partisan.
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    3 Comments on this Story

    sujal patil59 days ago
    facebook is responsible for spreading hate and violence in many parts of world, and now Facebook have got a free hand in india, they can do any thing, spread hate, hindu muslim, behaving like a additional agency for BJP , also got reward as partnership in jio, and chance to penetrate in india, really business of Facebook is like crime and it's flourishing in our country...
    Om Mishra59 days ago
    So basically they are a threat to your business, maybe ?
    Ziva Hercules59 days ago
    India is not supporting people, countries, companies supporting China & Facebook is a big supporter of China. After a big gift of 'corona virus' which was produced & supplied by China to globally still people like Zukerberg & countries like Nepal, Pakistan, Russia are supporting. I am really not happy that he gave chance to be part of Reliance many years ago East India Company came & donned India for 50 yrs now again Indians are giving opportunity to foreigners to enter our country. Specially people like Zukerberg who are never trustworthy.
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