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Fortune
Fortune
Business
Tristan Bove

Facebook would rather pull news from its platform than pay publishers for their content

Side shot of Meta CEO Mark Zuckerberg testifying before Congress in 2019 (Credit: Aurora Samperio/NurPhoto via Getty Images)

Where does journalism live these days? It’s still available in print, but any 21st-century news consumer knows it’s largely on social media, especially Facebook.

And now journalism is at the center of the latest dispute between Facebook and the U.S. government.

Big tech companies have set the algorithmic rules for what stories, articles, and videos people see on their feeds, and nearly half of U.S. adults reported receiving their news from social media last year. Media critics credited (or blamed) Facebook and Twitter for platforming misinformation, sometimes in the form of intentionally fake news, during the 2016 presidential campaign ahead of Donald Trump’s election.

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