Facebook Reaches Agreement with Major Publishers to Pay for News

Facebook has reached an agreement to pay licensing fees in exchange for featuring headlines from major publishers in its upcoming news tab, reports Market Watch. Among the publishers that have agreed to the deal with the social media platform are the Washington Post, Wall Street Journal, News Corp, New York Post, Business Insider, BuzzFeed News and other Dow Job publications. Though rumors indicate the New York Times may also be in talks with Facebook, an agreement has not been confirmed. The news tab could launch by the end of the month.

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