The company said the move, which comes after it “deprecated” the News tab in several European countries last fall, is a reflection of users’ lagging interest in news content on the platform. To this end, Meta said it will not offer news-based products to news publishers in the future as it seeks to “better align” its product investments. (The Logic)
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The company said the move, which comes after it “deprecated” the News tab in several European countries last fall, is a reflection of users’ lagging interest in news content on the platform. To this end, Meta said it will not offer news-based products to news publishers in the future as it seeks to “better align” its product investments. (The Logic)
Talking point: Meta telegraphed its disinterest in current events when it ceased carrying Canadian news last June, rather than paying news publishers for content, as dictated by the federal government’s Online News Act. “News makes up less than three per cent of what people around the world see in their Facebook feed, and is a small part of the Facebook experience for the vast majority of people,” the company said in a release Thursday.
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