Facebook's 'newspaper' may spell more trouble for traditional media

Facebook's move to fulfill its ambition to be the personal "newspaper" for its billion-plus members is likely to mean more woes for the ailing traditional news media.

The huge social network has become a key source of news for many users, as part of a dramatic shift in how people get information in the digital age.

Company founder Mark Zuckerberg told a forum in early November that his goal is to make Facebook's newsfeed "the perfect personalized newspaper for every person in the world."