Confirmed: Less face time for brands and media on Facebook Newsfeed

Facebook's new feature 'Today In' to provide feeds on local events, announcements, news

He also pledged to defend Facebook from nation states.

Reading local headlines and finding a band playing a show later sounds like a downright heartening shift in focus from watching Facebook's vast tangle of digital citizens emote endlessly into their algorithmically curated voids.

The new change of course will cost Facebook money.

"Since there's more open substance than posts from your loved ones, the adjust of what's in News Feed has moved far from the most imperative thing Facebook can do - enable us to associate with each other".

South Korea Banning Cryptocurrency Trading
For the ban to officially pass, a majority vote consisting of 297 National Assembly members would be required. Bitcoin is the first, and the biggest, " cryptocurrency " - a decentralised tradable digital asset.

He added that Facebook had begun making changes in this direction past year. Facebook, he said, had closely studied what kinds of posts had stressed or harmed users.

The Silicon Valley company constantly experiments with what shows up in the News Feed and in the past has also said it would prioritize posts from users' friends and family. "And the public content you see more will be held to the same standard - it should encourage meaningful interactions between people".

The section will be powered by a mix of machine learning software and human workers used to surface the local content. Facebook news partnership team will approve local news publishers after testing their authenticity.

As we make these updates, Pages may see their reach, video watch time and referral traffic decrease.

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According to Crunchbase , Redux has also previously raised more than $5 million in funding before it was acquired by Google. The US tech giant snapped up Cambridge firm Redux which can turn screens into speakers using haptic feedback.

"It's going to affect publishers a lot, we're going to be seeing a lot less news organically pop up in our news feeds". For example, live videos often lead to discussion among viewers on the platform, according to Facebook. The lure: the billions of dollars in advertising that are expected to migrate to digital video from television that could help make up for an expected slowdown in Facebook's core business.

The company has been criticized for algorithms that may have prioritized misleading news and misinformation in people's feeds, influencing the 2016 American presidential election, as well as political discourse in many countries. Facebook displayed its willingness to sacrifice profit to tackle big problems when it announced late a year ago a plan to hire thousands of content moderators to deal with Russian interference and misinformation on the platform.

"This definitely gives you a sense of where you stand in the 'circle, '" says another publishing executive, who was part of the Journalism Project but was not apprised of the latest major changes. "General time on Facebook will diminish, however we think this is the proper activity".

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