Facebook’s ‘ millions ‘ offers for news publishers

Facebook is a website that enables users to connect online with friends, working colleagues or people they know not to register in free profiles. It allows users to share images, music, videos and articles with as many people as they want, as well as their own thoughts and views. Users send “friend requests” to people they know, whether or not they are aware of Once accepted, both profiles are connected to the two users who can see whatever the other person posts. Facebook has over 1 billion people. “Facebook,” which is a snapshot of what happens in your social circle at any time, can post almost anything on its timeline, and it can also enter private discussions with friends. For social connectivity, those who still use it. Young people are born of course, so many young people are almost second nature to Facebook and any other social networking site. Social websites enable young people to experience who they are.

They are popular as teenagers can find a voice they can share with friends, uninhibited online. Some young people feel that they can express themselves online more easily than the real world, because they think that the virtual world is safer. Facebook would be offering “millions of bucks” to publish its materials on its site in discussions with news editors. This move follows years of criticism of the increasing monopoly of internet publicity at the expense of the news industry. Thursday, Facebook officials revealed in the Wall Street Journal that Facebook officials were paying up to $3 million (approximately Rs.21.15) per year to authorize stories, news articles and other content. Facebook refused to comment, but confirmed that the company is launching its news tab in the autumn. Mark Zuckerberg, Facebook CEO, started speaking in April about a news segment about the service.

An acquaintance confirmed that Facebook approached News Corp. to give a license to cover stories from the Wall Street Journal. The individual demanded anonymity because he was not allowed to talk about the issue openly. Whether Facebook offered $3 million to individual publishers or all news organizations in total was not evident from the journal study. Many people in the media sector have been accused of using the contents for free by Facebook and Google, while the social network has slurred most of the digital ads and threatened the media sector. A bipartite bill launched this year in Congress will give news firms an antitrust exemption, allowing them to negotiate payments from major technical platforms together. The Washington Post, also called a Facebook company in the study, refused to comment. The ABC-owned Walt Disney did not immediately reply to a comment message.

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