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Facebook is gearing up to prioritize news content by publishers a group of Facebook users have deemed trustworthy.
“(We eliminate from the sample those who aren’t familiar with a source, so the output is a ratio of those who trust the source to those who are familiar with it.)” Prioritizing news from trusted publishers is part of Facebook’s broader effort to revamp the News Feed and “encourage meaningful social interactions with family and friends over passive consumption,” Zuckerberg wrote.
Last week, Facebook announced major changes to News Feed, which entails less public content, like news and nonsense from brands.
Facebook also now expects news make up four percent, instead of about five percent, of content in the News Feed, Zuckerberg said.
But Zuckerberg also says the update “will not change the amount of news you see.” “It will only shift the balance of news you see towards sources that are determined to be trusted by the community,” Zuckerberg wrote.
Facebook changes its News Feed algorithm all the time, but Thursday’s big update is not like the others.
You can tell by the spike in the amount of stock trading hands.More than 69 million shares of Facebook stock have been traded today — the highest volume day in the past year.Mark Zuckerberg announced yesterday that the social media site would prioritize posts from friends and family and reduce the reach for brands and publishers, presumably hurting their referral traffic. Other big trading days, unsurprisingly, followed Facebook’s regular earnings releases where the company gives a slew of updates, including its financials.Altogether that means less time spent on Facebook, Zuckerberg said. This news was bigger than all of those updates based on trading volume.Facebook has made plenty of changes to News Feed over the years, but they haven’t caused as much mayhem.For comparison, after Facebook announced a similar move to favor user-generated content in 2016, about 20 million shares traded hands — a third of what was traded today. Interviews with Susan Wojcicki, Tim Armstrong, Jonah Peretti, Lydia Polgreen, Campbell Brown, Adam Mosseri, Brit Morin, Peter Rice, Janice Min, Kerry Trainor, Rony Abovitz, Adam Silver, Yaron Galai, Mike Mc Cue, Kevin Mayer, Jack Conte and others.Stay informed on the latest Azure features, events, and community activities.Browse through past newsletters or subscribe and get the latest Azure news delivered to your inbox.Apopka and Central Florida just got a lot safer this morning.Multiple law enforcement agencies working together arrested four suspects in an attempted armed robbery at the Iberia Bank in Apopka around 11 AM.The four subjects were apprehended before entering the bank, and are suspected of robbing multiple banks in Central Florida.