Facebook's News Feed Overhaul Sends Stock Down and Worries Up
9 monthes ago - By WWD
Facebook can't stop monkeying with its News Feed.
After its latest pledge Thursday to emphasize status updates from friends and family in the feed and downgrade content from publishers and brands, the company saw shares sink 4.5 percent to $179.37 Friday.
Since last year, the social giant has been talking about prioritizing shares from loved ones over corporate posts and headlines, but now chief executive officer Mark Zuckerberg aims to build on those updates with what he describes as a “major” change to bring people together through more meaningful interactions.
“We started making changes...
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