Facebook wants to show users more local news

MGN Online  Lexie Flickinger  CC BY 2.0

"Starting today, we're going to show more stories from news sources in your local town or city", Zuckerberg wrote in a Facebook post on Monday.

Zuckerberg said: "Twenty-seventeen was a strong year for Facebook, but it was also a hard one".

He said the tweaks, which include showing fewer viral videos, had already reduced time spent on Facebook by about 5% or roughly 50 million hours a day. The focus on more "meaningful connections" is expected to make the company's long-term future more viable.

Wall Street was expecting Facebook to report revenue of $12.5 billion and profit of $1.94 per share.

Facebook's revenue growth was also strong - up 47 percent over past year. The company recorded $12.97 billion in revenue and $2.21 earnings per share over 2017.

Lexi Felder, a 33-year-old Facebook user from Atlanta, say she used to spend five hours a day on the service. Once you've made these changes to the setting, your Facebook news feed will be just the way you want.

Facebook to prioritize local news over "divisive" national issues Facebook will prioritize local news sources in people's news feeds in an effort to avoid "divisive" media and promote civic engagement, according to Mark Zuckerberg.

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Last year, a pair of crossovers involving Final Fantasy XV , with Tekken 7 and Assassin's Creed: Origins were also announced . Apparently, the shoryuken and hadouken poses will be free on your platform's store, and as gestures, they'll cost $4 each.

The tech firm, which has been under pressure to do more to combat misinformation and offensive posts, has been grappling with criticism that social media is tearing people apart rather than bringing them closer together.

The update to the news feed is rolling out only to the USA for now, but Facebook said it will expand the changes to other countries later this year. Both daily and monthly active users rose 14 percent year-on-year, to respectively 1.40 billion and 2.13 billion. The number of daily users in the United States and Canada actually fell to 184 million from 185 million a quarter earlier.

Facebook attributed the decline to product changes, but executives noted they don't think that trend will continue.

The company also plans to highlight "trustworthy" news in the feed following allegations that Russian operatives and others spread false reports on the site, particularly during the 2016 U.S. Presidential election.

In his announcement, Facebook CEO Mark Zuckerberg, informed users that in the coming weeks and months they will see less public content from businesses, brands and SMEs.

"Several former Facebook "news curators", as they were known internally, also told Gizmodo that they were instructed to artificially "inject" selected stories into the trending news module, even if they weren't popular enough to warrant inclusion-or in some cases weren't trending at all", the site reported.

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