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.
Google on Wednesday disclosed plans to infuse its dominant search engine with more advanced artificial-intelligence technology, a drive that's in response to one of the biggest threats to its long-established position as the internet's main gateway.
Amazon said Tuesday it launched a new service that will allow customers to purchase physical products while playing video games or interacting in virtual reality.