The company may have other reasons for not wanting to get closely involved in curating content.
Facebook got rid of its human news curators this year after they were accused by conservative groups of favoring established media sources for its trending news feature. That job now rests on an algorithm.
If Facebook wants more eyeballs — and it’s in the business of getting as many as possible — it’s incentivized to give its users the news they want rather than the news that’s real (perhaps one of the reasons why daily newspaper circulation has declined all but one year in the last decade). That’s merely widening the echo chamber inside communities that dismiss traditional media as biased and elitist.