Facebook plans to pay fact-checkers to monitor news and spread of misinformation on the platform, the Financial Times reports. “A commercial relationship is something that’s on the table and that we are very open to. It could depend on individual organizations, but we want to engage responsibly and if that means a financial arrangement, we are very open to it,” Adam Mosseri, Facebook vice-president of product management for newsfeed, was quoted by the British daily. Fact-checking on Facebook In December 2016, the platform rolled out disputed tag on Facebook and gave users tools to report fake news. A story is checked by five third-party fact-checking websites--ABC News, AP, FactCheck.org, Politifact and Snopes--to verify its veracity after it is reported by users. The platform also cracked down on the ability of spoof domains--sites that pretend to be real publications--to buy ads. Facebook is running and funding a media literacy campaign too. In January, it started the Facebook Journalism Project to "equip people with the knowledge they need to be informed readers in the digital age." The company recently also funded CUNY Graduate School of Journalism's News Integrity Initiative to increase trust in journalism. In a new blog post Thursday, Mosseri announced the roll out of yet another media literacy campaign to help users spot fake news and misinformation: "We’re featuring this tool at the top of News Feed for a few days to people on Facebook in 14 countries." For three days, users in the 14 selected countries across Europe, Asia and the Americas will see a message at the top of their newsfeeds,…
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