Changes are coming to your Facebook news feed [CNN]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: CNN
Facebook to show more content from friends, less from publishers and brands Mark Zuckerberg has pledged to devote 2018 to "fixing" Facebook . Now the Facebook CEO is kicking off the effort with a move he says is intended to boost the well-being of users, possibly at the expense of the well-being of publishers and other businesses. Facebook ( FB ) said late Thursday it is changing the News Feed to prioritize posts from friends, family members and groups over posts from publishers and brands. The company will elevate posts that ignite conversations and meaningful interactions between friends while demoting the many videos, news stories and business posts that users consume passively -- without commenting and sharing. In an exclusive video interview with CNN Tech's Laurie Segall, Facebook VP Adam Mosseri described the move as a "rebalancing" of how Facebook's algorithms rank items in the main feed. "We think that we're currently slightly overvaluing how much time people spend on our
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