Home Business & Finance Facebook to Launch Dedicated News Tab on the Network

Facebook to Launch Dedicated News Tab on the Network

Facebook to Launch Dedicated News Tab on the Network

Facebook’s struggles to keep fake news away from the social network have been well documented over last couple of years. And now, in an attempt to solve the problem, the social networking giant is reportedly set to launch a dedicated news tab that will offer access to news stories from different news organizations around the world.

Earlier on Wednesday, The Washington Post reported that the social network has approached different publishers regarding the upcoming feature. However, this isn’t the first time we are hearing about Facebook’s interest in the news business. Back in August, reports surfaced that Facebook has offered as much as $3 million to major news organizations to curate their contents over Facebook.

Facebook’s decision comes as other social networking platforms such as Twitter have started taking initiatives to prevent spread of fake news through their networks. For instance, a research conducted earlier this year revealed that more than 60 percent of US adults who preferred getting news through social networks shared fake news with others.

Mark Zuckerberg recently reiterated Facebook’s commitments to keep fake news away from the platform during his testimony before the House Committee on Financial Services. He said, “Later in this week we actually have a big announcement coming up on launching a big initiative around news and journalism where we’re partnering with a lot of folks to build a new product that’s supporting high-quality journalism.”

“I think there’s an opportunity within Facebook and our services to build a dedicated surface — a tab within the apps, for example – where people who really want to see high-quality, curated news, not just social content, but from high-quality publishers, could go and consume that content,” he added.

This latest feature comes as Facebook has added several new tools to combat fake news over the platform. Earlier this year, the social network announced several changes to ensure that it is difficult for problematic contents to go viral over the platform. In order to do so, the company started showing reports from local news outlets that its users found to be more trustworthy.

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