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To halt fake news, Facebook makes it harder for real news outlets [Los Angeles Times (CA)]

FACEBOOK (FB)  More Company Research Source: Los Angeles Times
Last facebook earnings: 4/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF To please users and halt fake news, Facebook makes it harder for real news outlets With more than 2 billion users, Facebook for years gave media outlets a shot at a vast audience that could help offset declining circulations. But after a year in which the spread of fake news, Russian interference and divisive politics sullied Facebook’s reputation and user experience, efforts to deliver media content over the platform may have felt like more trouble than they were worth. On Thursday, Facebook said it would change its News Feed algorithm to prioritize posts from friends and family that spark the most interaction over posts from brands and publishers. The company said the move was aimed at improving users’ well-being, even at the cost of diminished advertising revenue. The change will also help distance the company from the pitfalls of politically charged content that has saddled the platform since the 2016 presidential campaign. In a post Thursday , Facebook Chief Executive [Read more]

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