Facebook will pay UK news publishers to use some of their articles as the tech giant looks to fend off the looming threat of regulation.
From January the site will launch a dedicated news section with a selection of articles from top publishing groups. Facebook said its new service will offer a mix of curated and personalised top stories to its users, with a pledge to prioritise “original and authoritative reporting on pressing topics”. It said the move will allow publishers to reach new audiences and boost advertising and subscription opportunities.
It comes amid growing calls for a crackdown on tech giants such as Facebook and Google over their monopolistic power.
A Lords committee last week blasted the “dysfunctional” online ad market, highlighting in particular the “fundamental imbalance of power” between platforms and news publishers.
The government has also announced the launch of a new digital markets unit aimed at tightening control over how online platforms use consumer data.
The new unit, which will come into force in April, is part of a wider move towards regulating the digital economy.