Get Ready for More Local News in Your Facebook News Feed

01 February, 2018, 01:01 | Author: Shannon Newton
  • Get Ready for More Local News in Your Facebook News Feed

In such a scenario, it's important for all Facebook users to carefully pick and choose to see content from credible news sources and friends who do not post stupid "1 Share = 1 Respect" posts.

Facing criticism that social media could be dividing people, Facebook said it's trying to help users strengthen their relationships with family and friends.

Last quarter, the company started showing fewer viral videos, he said.

"In total, we made changes that reduced time spent on Facebook by roughly 50 million hours every day". The focus on more "meaningful connections" is expected to make the company's long-term future more viable.

Facebook has more than 2 billion monthly active users (MAUs), and it's expected to report revenue equal about to about $6 for each of them when it reports fourth-quarter earnings on January 31.

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Facebook boss Mark Zuckerberg called 2017 "a strong year. but. also a hard one". He cited the need to "protect our community from abuse and hate, defending against interference by nation states" and "making sure that time spent on Facebook is time well spent".

Facebook is making changes to how it ranks posts in a user's News Feed, a move that has also raised questions about how this will impact the tech firm's growing ad business.

The reduction comes after Zuckerberg announced that Facebook would begin showing less media content in its news feeds and instead push posts from users' family and friends.

Facebook announced Monday that it's going to put more local news in users' news feeds as part of an ongoing campaign to make users "happier".

Facebook's response to Russia's spreading fake news on its site has spiralled into a full review of the social network's role in society. Facebook reported 1.4 billion daily active users in the fourth quarter - the slowest user growth on record. Compared to last quarter, the number of daily active users fell from 185 million to 184 million users.

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Facebook does not give revenue guidance, though it does project expenses and said in November that expenses would likely grow 45 percent to 60 percent during 2018.

It will drop the amount from five percent to four.

Other new features are created to give the Facebook user more direct control of the news feed. If those results sound borderline impossible, particularly for a company Facebook's size, its third-quarter results support the idea that they are within a reasonable range.

Facebook also reported its first-ever decline in daily users in the USA and Canada.

Facebook's stock closed the day down less than one percent, or 23 cents, to $186.89.

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