Facebook to emphasize friends, not news, in series of changes
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Go back to Facebook to emphasize friends, not news, in series of changes
January 12, 2018 7:50 AM EST
Facebook (NASDAQ: FB) CEO Mark Zuckerberg said Thursday the company will change the filter for the News Feed to prioritize what family and friends share over businesses, brands, and media in order to shift focus on social interaction. In the view of BofA/Merrill... More
January 12, 2018 5:57 AM EST
Facebook (NASDAQ: FB) shares are down 2.6% in early trading after CEO Mark Zuckerberg announced sweeping changes to news feed to emphasize friends, not news. He said by making these changes, he expects the time people spend on Facebook and some measures of engagement will go down.
In a Facebook post, Zuckerberg said:
One of our big focus areas for 2018 is making sure the time we all spend on Facebook is time well spent.
We built Facebook to help people stay connected and bring us closer together... More
