Facebook plans to create a separate news page, employing editors to select specially curated, high-quality content for its users, Reuters reported, citing CEO Mark Zuckerberg's interaction with Mathias Doepfner, CEO of Axel Springer, Germany's digital publishing house.
The discussion was a part of Zuckerberg's personal challenge for this year where he said he will host regular public discussions about the future of technology in society.
The hour-long video of the discussion was posted on Facebook by Zuckerberg himself, where he said that Facebook is considering paying news publishers for sending high-quality, trustworthy content on its news section.
The product, according to a FirstPost report, is said to be in development already and will be out by the end of this year. The report says that this will have a separate section of Facebook, which will probably run parallel alongside its news feed.
According to CEO Zuckerberg, Facebook says 10-20 percent of all of Facebook users would be interested in this feature as people like to know what's happening with their friends rather than read quality journalism, the FirstPost report added.
Facebook doesn't yet pay publishers for the news material available on the platform. It says that the traffic they receive from the platform is compensation enough.
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