Facebook announce news service

Mark Zuckerberg recently announced Facebook's intention to launch a new news service. In conversation with Axel Springer CEO's Mathias Döpfner, Zuckerberg discussed the need for this service to enable and strengthen the following:

High quality, trustworthy journalism and consideration of the level to which it should or shouldn't be curated;Monetisation, to ensure fairness to publishers, given Facebook is on the way to becoming a publisher itself;Local journalism, which while absolutely critical, has found it difficult to find its place in the digital age; andInnovation and independent journalism.

Zuckerberg was emphatic that Facebook doesn't "want to build this in a vacuum" and that they are engaging with publishers and industry experts to determine how this service will work.

Watch the discussion here.Photo credit: Video still from Facebook Journalism Project