The removal of the word "news" will, hopefully, help draw a sharper line between Google's human-vetted Google News product, and its main search product.
Google's main product is advertising and user info (to better target advertising), not search.
Google's main product is our eyeballs, which they sell to the advertisers.
We don't pay anything to Google the way a new Chevy rolling off of the assembly line doesn't pay anything to General Motors. They get their money when someone buys the Chevy.