Facebook Profit Jumps, Investors Wary of News Feed Tweaks

Since Facebook chief executive Mark Zuckerberg tweaked the social platform’s algorithm so that people see more content from family and friends than publishers in their News Feed, investors have been concerned that users won’t spend as much time on the platform and discourage marketers from placing ads. Facebook is now making the argument that the changes will actually benefit business, with the time people spend on the platform becoming more valuable. Its case is buttressed by a recent jump in revenue and profits. Continue reading Facebook Profit Jumps, Investors Wary of News Feed Tweaks

Facebook Introduces New Strategies to Combat Fake News

After months of testing, Facebook is launching a “related articles” feature, in another effort to combat fake news without actually taking down those posts. Instead, U.S. users will see links to informative articles on the same topic appended to stories spreading misinformation. The goal is to convince users to hesitate before sharing false news stories, although it does not prevent them from doing so. Facebook is also paying Snopes.com and other fact-checking sites to tag completely false stories as being “disputed.” Continue reading Facebook Introduces New Strategies to Combat Fake News