Facebook news feed changes 'deeply significant' for publishing industry

Facebook news feed changes 'deeply significant' for publishing industry

"Since there's more public content than posts from your friends and family, the balance of what's in News Feed has shifted away from the most important thing Facebook can do - help us connect with each other".

"Facebook is making the service more social and less media, and that's likely a positive for the vast majority of users", Weiser said.

Fall in shares has reached up to 6.1% ahead of the open market, following the closing just below the flatline on Thursday.

Facebook said its new ranking system would hurt non-advertising content from publishers and brands, like news stories and viral video posts, but not change the ranking of advertising that has been paid for.

At no point did he mention that video "exploded" because that's the way the news feed algorithm was designed, or that Facebook partnered with media companies to produce exponentially more video content.

'On the other hand, passively reading articles or watching videos - even if they're entertaining or informative - may not be as good'. He wants you to forget the time Facebook made you hate everything.

Shares of Facebook fell more than 4 per cent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.

More news: University of Alabama coach had playbook stolen before the big victory
More news: First Photos of 'Handmaid's Tale' Season 2 Tease Bloody Offred
More news: 1.03 is Gilead Sciences Inc's (NASDAQ:GILD) Institutional Investor Sentiment

A warning by Zuckerberg that people could spend less time on Facebook in the short term as a result of the changes sent the company's stock $8.29 lower to $179.47.

"It should encourage meaningful interactions between people", Mr Zuckerberg said. Sort of like back in April 2015, when Facebook said it would adjust its news feed to bury content from businesses below the stuff you'd probably rather see, such as posts from your friends.

Mr Zuckerberg said the shift in focus was likely to reduce "the time people spend on Facebook and some measures of engagement", at least initially.

Changes to Facebook's News Feed may have an impact on major suppliers of news and other content.

Facebook said the changes will start rolling out within the next couple of months.

Here's a look at some of the ways the company has changed the posts appearing in users' customized news feeds, which launched in 2006, as well as some of the factors it uses in deciding what makes up those feeds. With the latest update, the company says it's focusing on what Facebook is for - connecting with people you know. The company estimates that 130 million of its users are in such groups.

Facebook tweaked its news feed in 2014 to clamp down on "clickbait", posts with grabby headlines like "you won't believe what happened next" yet ultimately disappoint. His vow followed a year that saw Facebook come under sharp criticism for contributing to a climate of extreme political polarisation, the distribution of fake news and escalating privacy concerns. "Good on Facebook - they are doing the right thing, long-term". "But those opportunities to get in front of users will be that much more impactful if it's more selective". Facebook has introduced a series of changes meant to address the problem.

Related Articles

  • All the Nintendo Direct Mini news and announcements

    All the Nintendo Direct Mini news and announcements

    Even though the teaser doesn't show us any gameplay footage, it does give us an important detail by revealing a release date. Amazon is taking pre-orders for Dark Souls Remastered on Sony PS4 and Microsoft Xbox One for $39.99 each.
    Dark Souls: Remastered is coming to several new platforms

    Dark Souls: Remastered is coming to several new platforms

    Its terrors emanate from its very core, each step bringing you closer to another inevitable death. It first released in 2011 on Xbox 360, PS3, and PC as a spiritual successor to Demon's Souls .
    England to face Costa Rica at Elland Road before the World Cup

    England to face Costa Rica at Elland Road before the World Cup

    Serving quality football news from around the globe. "It's nice when we have an opportunity to take the team on the road".
  • New 'Teen Titans GO' Movie Trailer Released

    New 'Teen Titans GO' Movie Trailer Released

    Teen Titans GO! To The Movies will also feature Will Arnett as the voice of Slade and Kristen Bell as Jade Wilson. The trailer starts off with the Teen Titans giving fans what they know they want - Wonder Woman .
    Chris Brown Could Face Criminal Charges Over Exotic Monkey

    Chris Brown Could Face Criminal Charges Over Exotic Monkey

    Chris Brown has a done a pretty good job at staying out of trouble lately but the singer is once again facing problems. Internet goers believed the monkey was a gift to Royalty and feared for her safety.
    Region's condo prices increase 24%, houses up 12%

    Region's condo prices increase 24%, houses up 12%

    However, we do foresee an upswing in demand in the latter portion of the year, as prospective buyers adjust to the new realities. Royal LePage is a Brookfield Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX:BRE.
  • Ice jam concerns raised as rain, warmth and snow are forecast

    Ice jam concerns raised as rain, warmth and snow are forecast

    Freidland said they have crews from two fire departments standing by and an evacuation plan in place in case it's needed. Saturday's high temperature is likely to be 39 degrees, 20 degrees cooler than the high in Hartford on Friday.
    Trump Draws A Red Line On Wall Funding For DACA Fix

    Trump Draws A Red Line On Wall Funding For DACA Fix

    Just 24 hours earlier he had said that he would not sign any bill to codify DACA that did not include funding for the border wall. He also denied demanding that Haitians be removed from negotiations about protected status for people from certain countries.
    Zuma and President Kenyatta meet to discuss politics and business

    Zuma and President Kenyatta meet to discuss politics and business

    Jubilee was represented by Vice-Chairman David Murathe and Secretary General Raphael Tuju, while ANC Deputy President David Mabuza led his party team.
  • Ross Stores (NASDAQ:ROST) Given Coverage Optimism Score of 0.15

    After $0.72 actual EPS reported by Ross Stores, Inc. for the previous quarter, Wall Street now forecasts 27.78% EPS growth. Advisory Services Network Llc bought 9,412 shares as the company's stock declined 9.26% while stock markets rallied.
    Animaniacs Will Return with New (and Old) Seasons on Hulu

    Animaniacs Will Return with New (and Old) Seasons on Hulu

    Animaniacs follows the Warner siblings and their escape from the Warner Bros. tower after being locked inside for a long time. And fan-favorite characters Pinky and the Brain will also return to make appearances in each episode.
    Del Potro too strong for Shapovalov By

    Del Potro too strong for Shapovalov By

    Former champions Juan Martin del Potro and Roberto Bautista Agut will meet Saturday in the final of the ATP Tour's ASB Classic. Bautista Agut, meanwhile, beat Robin Haase in three sets, all of which went to tie-breaks in a near three-hour slugfest.