Economic news

Meta’s Facebook revamping main feed to attract younger users

2022.07.22 01:21

Meta's Facebook revamping main feed to attract younger users
FILE PHOTO: A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. REUTERS/Dado Ruvic/Illustration/

(Reuters) -Meta Platforms said on Thursday it was revamping the main feed on its Facebook (NASDAQ:META) app to prioritize “discovery” of new content, instead of posts from accounts users follow, a bid to style its apps after short-form video competitor TikTok.

Meta executives have voiced increased urgency in recent months around boosting the company’s “Reels” product, similar to TikTok’s short video format that has attracted many younger users. “Home”, Facebook’s main news feed tab that users will see when they open the app, will start more heavily featuring popular posts from accounts that users do not follow, including Reels and Stories, Meta said in a statement.

Facebook will suggest posts to users with its machine learning ranking system and is investing in artificial intelligence (AI) to serve recommended content, it added. A new separate tab called ‘Feeds’ will offer a version of the old approach, which overwhelmingly features posts from friends, pages and groups that users actively choose to follow.

Feeds in that tab will be presented chronologically, without personalized ranking, Chief Executive Officer Mark Zuckerberg said in a Facebook post. Meta said the feeds will not include suggested posts but will still have advertisements.

The world’s biggest social media company has gone all in on algorithmic recommendations in recent months as the threat from TikTok has grown, a stark change from its 2018 plan to feature more posts from friends and family in the news feed.

Its Instagram app announced tests of a more “immersive” TikTok-style viewing experience in May, while Zuckerberg told investors in April that Meta was making significant investments to support the “discovery engine” approach. Earlier this month, Chief Product Officer Chris Cox told employees there was a plan to increase fivefold the number of graphic processing units (GPUs) in its data centers by the year-end to provide extra computing power for AI.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,171.91 0.85%
ethereum
Ethereum (ETH) $ 2,464.81 1.06%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.35 2.04%
bnb
BNB (BNB) $ 652.41 0.10%
solana
Solana (SOL) $ 170.62 0.41%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.228898 0.88%
cardano
Cardano (ADA) $ 0.790181 1.43%
tron
TRON (TRX) $ 0.26083 0.64%
staked-ether
Lido Staked Ether (STETH) $ 2,460.55 1.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,199.92 0.99%
sui
Sui (SUI) $ 3.93 0.63%
chainlink
Chainlink (LINK) $ 16.57 0.80%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,980.00 1.76%
avalanche-2
Avalanche (AVAX) $ 24.40 0.12%
stellar
Stellar (XLM) $ 0.303795 0.22%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 0.63%
hedera-hashgraph
Hedera (HBAR) $ 0.203999 2.04%
the-open-network
Toncoin (TON) $ 3.39 1.45%
bitcoin-cash
Bitcoin Cash (BCH) $ 407.46 2.88%
hyperliquid
Hyperliquid (HYPE) $ 23.98 3.97%
usds
USDS (USDS) $ 1.00 0.01%
polkadot
Polkadot (DOT) $ 5.05 0.85%
leo-token
LEO Token (LEO) $ 8.33 3.33%
litecoin
Litecoin (LTC) $ 99.50 2.37%
pi-network
Pi Network (PI) $ 1.07 46.54%
weth
WETH (WETH) $ 2,458.39 0.81%
monero
Monero (XMR) $ 333.02 2.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,634.87 1.28%
pepe
Pepe (PEPE) $ 0.000013 3.78%
bitget-token
Bitget Token (BGB) $ 4.81 0.01%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.26%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,356.96 1.05%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
whitebit
WhiteBIT Coin (WBT) $ 30.14 0.32%
uniswap
Uniswap (UNI) $ 6.81 0.71%
bittensor
Bittensor (TAO) $ 446.06 0.76%
near
NEAR Protocol (NEAR) $ 3.12 5.19%
aptos
Aptos (APT) $ 5.84 2.09%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 55.04 1.18%
aave
Aave (AAVE) $ 216.60 2.01%
ondo-finance
Ondo (ONDO) $ 1.02 0.99%
internet-computer
Internet Computer (ICP) $ 5.66 3.53%
ethereum-classic
Ethereum Classic (ETC) $ 19.72 0.42%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.05 0.01%
crypto-com-chain
Cronos (CRO) $ 0.098403 0.48%
kaspa
Kaspa (KAS) $ 0.107224 2.34%