How to keep local stories at the top of your Facebook newsfeed
01 February 2018, 12:41 | Shawn Tate
You'll soon see less news on Facebook — here's how to keep Independent Mail stories in your feed
Facebook reported profits of $1.44 per share; analysts were looking for $1.95 a share. In recent months, Facebook has admitted that passive use of Facebook - aimless scrolling through the news feed - can be bad for mental health. In 2016, ad revenue for the newspaper industry, was about $18 billion, a decrease of 10 percent compared to the previous year, according to the center's annual report about the state of the news media.
Already last quarter, the company made changes to show fewer viral videos "to make sure people's time is well spent". Going forward, though, they could be a positive for the company if Facebook becomes more enjoyable and a better place to advertise, analysts from Deutsche Bank said in a research note on Sunday. It now has 2.13 billion monthly active users and 1.4 billion who use it daily. Both figures represented a 14 percent increase year-over-year.
For CEO and co-founder Mark Zuckerberg, that's a necessary drop for his company's future success. Over the past two years Facebook has consistently beat expectations, and it did again today, even with the caveats.
"We made changes that reduced time spent on Facebook by roughly 50 million hours every day", Zuckerberg said in a statement accompanying Facebook's Q4 earnings on Wednesday. Less time spent usually means there is less money coming in as a result.
Pressure has been building on Facebook and its CEO as the toxic content flowing through Facebook - violent live videos, fabricated news articles and divisive messages from Russian operatives that rocked the 2016 US presidential campaign - has been blamed for social problems.
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