16 January 2018

Fixxing FaceBook???? ...Nah

Here’s a round of responses to Facebook’s move away from news: 

On Friday, CEO Mark Zuckerberg announced that the social media site will prioritize content from friends and family over content from brands and professional publishers.
Live and news video will be deemphasized, too.
> Some see this “wild reversal” in line with Zuckerberg’s personal goal to fix Facebook in 2018 — maybe Facebook’s new ambition is to rebalance and shrink its massive and messy global footprint.
> Others say that in the post-Trump media landscape, Facebook killing news is “the best thing that ever happened to news.”
Adam Mosseri, the product boss for Facebook’s News Feed, talks in depth about the site’s recent sweeping changes (Mosseri is scheduled to speak at Code Media next month).
> “Facebook is done with quality journalism — deal with it,” says media thinker Frederic Filloux, who says Facebook is moving on from news after killing such longstanding industry certainties as brand, authorship and business model.
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And one more byte of news from Re/code:
 
Insert alt text here
Everyone is getting hilariously rich and you’re not.

https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html
 

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