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.
U.S. states could face some hurdles as they experiment with road usage charging programs aimed at one day replacing motor fuel taxes, which are generating less each year, in part due to fuel efficiency and the rise of electric cars.
The U.S. Department of Transportation is awarding almost $1.7 billion in grants for buying zero- and low-emission buses, with the money going to transit projects in 46 states and territories.
