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Facebook to pay news outlets $3 million annually to license stories

Facebook is trying to get back into the news industry. According to a Wall Street Journal report the social media giant is offering a new "news" tab and giving news publishers up to $3 million per year to license its content. Facebook also confirmed that it is working on a news tab feature to deliver topical stories to users that will launch this fall. Yahoo Finance’s Heidi Chung, Akiko Fujita, Scott Gamm and Dan Howley discuss.