means A regularly printed publication, usually daily or weekly, carrying news, opinion, and advertising on folded sheets of paper.

from A plain compound of 'news' and 'paper,' joined in the 17th century. 'News' is itself just the plural of 'new' — literally the new things, fresh tidings (the charming old story that it stands for North-East-West-South is folk etymology, not true). 'Paper' comes through French 'papier' from Latin 'papyrus,' the Egyptian reed the ancients wrote on. So the word is exactly what it says: new things on paper.