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Facebook Exec Campbell Brown: We Are Launching a News Subscription Product

Facebook Inc's (FB) Campbell Brown says the world's largest social media platform has heard the cries of news publishers, and it's taking action.

A week after publishers asked Congress for an anti-trust exemption to negotiate collectively with large platforms, specifically Facebook and Alphabet's Google (GOOGL) , Brown, the head of the company's news partnerships, said Facebook will launch a subscription-based news product with initial tests beginning in October.

The feature appears to be built on top of Facebook's Instant Articles, which aggregates stories from...


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