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Facebook's news feed changes are latest blow to publishers, brands
14 January 2018, 12:29 | Ruben Fields
Facebook -5.6% as analysts weigh financial hit from news changes
To be officially announced during Facebook'sF8 developer conference in May this year, the device is considered by many to be CEO Mark Zuckerberg's answer to Amazon's Echo, but according to financial news website Cheddar, the device is meant to be more than just a virtual assistant but rather serve as a link that would keep families and friends connected with each other through video chatting.
Those personal updates will therefore become more prevalent in user newsfeeds, he said, adding that posts from other sources will still get promoted if they help encourage social interactions.
" By doing so, Zuckerberg says he hopes to make the time people "spend on Facebook more valuable".
Facebook co-founder and chief Mark Zuckerberg has said that bringing people together and strengthening communities in the real world are priorities. Instead, Facebook's 2 billion users can expect to see more stories and posts from friends, family and other people are likely to have "meaningful" conversations with.
Facebook and companies from Twitter to Apple have been confronting a mounting public backlash against technology and social media, as the public grapples with a constantly connected life in which they are exposed to fake or biased news, cyber bullying and even internet addiction. He wrote: "As we roll this out, you'll see less public content like posts from businesses, brands, and media".
Wieser said the decision to pull back the reach of brands in news feed will have a negative impact on Facebook in the short term, but will ultimately prove to be a smart choice for the health of the company in the long run, according to his note.
You will be seeing a click down arrow on the top right side of your desktop view of Facebook, click on that icon and go to "News Feed Preferences".
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Facebook Inc (NASDAQ:FB) will soon roll out its first major change to its signature News Feed in several years, and many investors and analysts are anxious that the revamp could damage its business.
Facebook wants to keep deciding for you what you see, so maybe it's a good time to decide, for yourself, to get your news in a more reliable way. For those who have been passively watching 90-second videos with the sound off, this is the cue for them to start looking for them on other platforms.
Zuckerberg also said the News Feed change was meant to "make sure that our products are not just fun, but are good for people".
The only positive thing to come of all of this is that it may open the eyes of our elected officials, businesses and the American people who will now see Facebook for what it is: An unscrupulous media company that needs to be regulated. I'm changing the goal I give our product teams from focusing on helping you find relevant content to helping you have more meaningful social interactions. And news can help start conversations on important issues.
This initiative would result in causing people to spend much less time on the social networking giant.
"We believe these changes will be beneficial to Facebook in the medium and long term". Unfortunately, Facebook's engagement-obsessed algorithm insists there's nothing better than a baby-and shows a steady parade of children, often born to people I barely know.
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The users will then also be able to follow the cities that they do not now live in, like childhood hometown. The social networking firm wants to expand this app to more cities and then other countries gradually.
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