Facebook stock plunges on news feed overhaul

Facebook stock plunges on news feed overhaul

Facebook stock plunges on news feed overhaul

Now, Facebook's product teams will shift their focus from helping users find relevant content to helping foster more meaningful interactions with friends and family, he said.

"But recently we've gotten feedback that public content - posts from businesses, brands and media - is crowding out the personal moments that lead us to connect more with each other".

"By making these changes, I expect the time people spend on Facebook and some measures of engagement will go down", Zuckerberg wrote.

While Mr Zuckerberg described the move as being created to bring people closer together and foster more "meaningful social interactions", analysts noted that it comes amid criticism of the world's leading social network on various fronts.

But the changes raised questions about whether or not people would see more content that bolsters their ideologies because they frequently interact with posts that reflect the same views as their friends and family. But Facebook continues to insist that despite the fact it has numerous characteristics of a media company, it doesn't need to act like one.

Based on this, we're making a major change to how we build Facebook.

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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.

In a press release made available to the public on January 11th 2018, the head of Facebook's News Feed also explained that starting in the very near future, Facebook will begin showing you more content from your friends and family members and less content from news agencies, businesses or corporations. Companies, advertisements, and videos clogged up users' News Feeds. A noble goal, but for them, that means engineering your attention, and they've determined that it's easier to do that if you didn't have to painfully thumb your way past city council meeting coverage or a high school sports score that you were asking to see when you liked this news outlet's Facebook page.

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.

The changes might make it harder to get messaging to people about a short-term sale, Taylor said. The news feed ranking update, which is set to roll out globally in the coming weeks, is expected to support that goal.

Zuckerberg says that according to research, people use social media to stay in touch with people they care about, and that can have a positive impact on their overall well-being. Downplaying those posts from brands and businesses may put revenue at risk, said James Cakmak, an analyst at Monness Crespi Hardt & Co. But too often today, watching video, reading news or getting a page update is just a passive experience. It wants people to feel better each time they use the social network.

"We believe these changes will be beneficial to Facebook in the medium and long term", said Mr Brian Weiser of the Pivotal Research Group.

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