Twitter's share price jumps after Facebook's news feed shake up

Shakes Gilles

Featured Stories Tech Facebook Drastically Changes the News Feed to Promote Content From Friends and Family By Shakes Gilles Jan 12 2018 02:25 am 66 0

One other reason why Facebook may be updating the News Feed to include more posts from family and friends rather than news is to combat the explosion of fake news, a problem that first came to light after the 2016 U.S. presidential election. "Good on Facebook - they are doing the right thing, long-term".

However, the group added, "more detail is needed and we would strongly urge Facebook to be more open and accountable to advertisers and the public in its assessment of the current position and in its reporting of the impact of any measures it takes".

'On the other hand, passively reading articles or watching videos - even if they're entertaining or informative - may not be as good'. Meanwhile, Facebook shares fell as much as 4% after the announcement. Also, our content is more visible the more people share and comment on it, so if it's a story you care about it, please share it. There will be fewer videos, which Facebook considers "passive".

While he acknowledges that Facebook may never be completely free of malign influences, Zuckerberg says that the company now makes "too many errors enforcing our policies and preventing the misuse of our tools".

In September, in another blow for the social network, ProPublica reported that Facebook's ad-buying platform could be used to deliver ads to users who identify as anti-Semites.

But Facebook gave scant details about how it would define what's "meaningful". That followed a year in which the company faced sharp criticism from many angles - including the platform's role in the proliferation of "fake news" and Kremlin-connected propaganda ahead of the 2016 US presidential election, questions about privacy, and about the impact on society of the hours many people spend on Facebook. Facebook accounts for about 17 percent of visits, on average, to the digital companies he advises, he said. But businesses that use Facebook to connect with their customers without paying for ads will also feel the pain. And Facebook says its own research shows that users are exposed to more divergent views on its platform than they would be otherwise.

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BBC Minute: On Facebook's News Feed

The move away from news-related content may be a way for Facebook to step back from the political debate, which brings up issues known to ruin family get-togethers. "We won't know until we see what happens". He's come a long way since November 2016, when he dismissed the notion that fake news on Facebook could have influenced the USA presidential election as a "pretty insane idea".

In other words, Zuckerberg just acknowledged, again, that Facebook, as it is now, is bad for you and needs to be overhauled.

Last week, Zuckerberg said his "personal challenge" for 2018 (something he's done every year since 2009), will be to fix Facebook.

Now Facebook wants you to think about making sure your post is extra meaningful, and what the meaning of meaningful might mean to you, but most importantly what it means to Mark Zuckerberg's algorithm.

Tweaking users' feeds may cause the social media platform to lose some of its luster for content producers or media companies, especially video makers that can not make money on Facebook regardless of how many of their videos go viral, said Cho Sodam, founder of Dotface, a youth-oriented media startup based in Seoul, South Korea.

The 1-year-old Dotface has 110,000 fans on its Facebook page, its primary channel for reaching viewers. We've seen people interact way more around live videos than regular ones.

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