Mason Lerner
Nov 20, 2014

Facebook rolls out FB TechWire

The social-media giant pursues another slice of the content pie.

Facebook rolls out FB TechWire

Facebook on Wednesday made another move to extend its media reach when it launched FB TechWire, a resource that feeds journalists breaking news, first-person analysis, photos and videos posted to Facebook by technology "influencers and organizations." Like its predecessor Facebook NewsWire, FB TechWire is powered by social newswire Storyful and helps position Facebook as a journalism powerbroker. 

The New York Times says that Facebook "is increasingly becoming to the news business what Amazon is to book publishing," driving 20 percent of traffic to news sites.

Facebook, launched Facebook Newswire in April as a resource for journalists that aggregates newsworthy social content shared publicly on Facebook by news organizations and individual users. Facebook still isn’t creating its own news content, but its becoming increasingly influential in what becomes a story. And just because they’re not creating content doesn’t mean they’re not out to control as much of it as it can.

FB TechWire comes on the heels of a mobile hosting deal Facebook reportedly offered publishers last month. Under the proposal, Facebook will host articles directly on its mobile app and split the revenues with the publishers. Publishers who participate will reap the benefits of Facebook’s 1.3 billion person audience, but far fewer people will be referred to their sites.

Facebook has sent publishers a friend request. Whether or not they accept could alter the media and advertising landscape.

This article originally appeared on Campaign US

 

Source:
Campaign US
Tags

Related Articles

Just Published

9 hours ago

Nearly 70% of bias incidents in AI LLMs occur in ...

The study also reveals that 86.1% of bias incidents required only a single prompt, underscoring how easily AI models can still produce biased outputs despite advances in safety.

10 hours ago

How Knorr used retail media to drive conversions

CASE STUDY: Unilever brand Knorr teamed up with The Trade Desk and foodpanda on a retail-data campaign that achieved more than 12.9 million impressions, exceeding the brand's goal by more than 70%.

11 hours ago

40 Under 40 2024: Thanzyl Thajudeen, Mark and Comm

A seasoned PR expert and founder of Mark and Comm, Thajudeen has transformed his Colombo-based agency into a leading regional player.

11 hours ago

Meta begins firing ‘lowest performing’ staff

Notices began going out to employees in most countries including across Asia this week, as the tech giant prepares to cut approximately 5% of its workforce based on performance.