What Facebook's Newsfeed Update Means for Publishers
Facebook making major changes to its newsfeed. Last week the social media giant announced it would change the newsfeed to favor posts from friends and family over media publishers. Digiday's Co-Executive Editor Lucia Moses explains what this could mean for media publishers.
"Never before have they been under the kind of scrutiny and so this is a reaction to that," explains Moses. "Publishers are understandably freaking out."
This change by Facebook comes after questionable content has populated its feed, the spread of fake news, and Russia meddling with the U.S. election through posts on its platform. Shares of Facebook are down 4.5 percent over the past five days.
As the pandemic recedes, ride-hailing apps are back in full swing, but it hasn't come without a price. Uber and Lyft are both facing historic driver shortages. More than half of Uber and Lyft drivers stopped driving during the pandemic, leading to longer wait times and surging prices. For more on this Christof Baumbach, CEO, ride-hailing app, Wingz joined Cheddar's 'Fast Forward: Life After Covid-19.'
