Facebook News & Updates

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It seems that Mark Zuckerberg’s decision to change the way Facebook operates people’s news feeds did not go down to well for him. The move has cost him $3.3bn, with his personal net worth dropping by 4.4 percent, it is believed.

After Facebook went public with the news feed change on Thursday, the website’s share value dropped by nearly four percent before US markets opened on Friday.

Zuckerberg loses 3.3 billion USD after Facebook newsfeed change

 

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Facebook is planning to spend €10 million expanding its artificial intelligence centre in Paris

 

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Facebook says it can't guarantee social media is good for democracy

 

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Facebook has confirmed to TechCrunch that it’s acquired… Confirm.io. The startup offered an API that let other companies quickly verify someone’s government-issued identification card, like a driver’s license, was authentic. The Boston-based startup will shut down as both its team and technology are rolled into Facebook, where it could help users who are locked out of their accounts.

Facebook acquires biometric ID verification startup Confirm.io

 

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Facebook reveals privacy principles for first time, helps users control access

 

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• Facebook said Monday that changes it's making to its algorithm will put more local news into user's feeds.
• The company had said earlier this month it would also prioritize posts from friends and what it calls "high-quality news sources."
• Taken together, the changes will mean users will see less overall news in their feeds.

Facebook says its news feed changes will promote more local news

 

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According to the patent, the social media giant wants to build a system that collects users' personal data, such as education, homeownership and internet usage, in order to predict their socio-economic status, a media report said.

Facebook May Soon Tell If You Are Rich Or Poor

 

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• Facebook has talked to media buyers about expanding Watch to more individual creators and creating an advertising system where everyone would get a split of revenue, similar to YouTube.
• The company has also indicated that it will allow brands to select which shows they want to advertise on and potentially create a tiered advertising system to allow companies to advertise on top Watch videos.

Facebook is planning a more direct assault on YouTube, sources say

 

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Facebook is testing a feature that lets users register a negative reaction to comments on the social network platform but it is not the "dislike" button users have long desired.

Read more at:
//economictimes.indiatimes.com/articleshow/62847629.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

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Facebook’s plan to unite AR, VR and News Feed with 3D posts