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Facebook changes News Feed; investors click on 'sad'

Reuters 

By Noel Randewich and Aishwarya Venugopal(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.Zuckerberg said late on Thursday the world's largest social network would adjust its centerpiece News Feed to prioritize what friends and family share, while reducing the amount of non-advertising content from publishers and brands.Fears that the changes would lead people to spend less time on Facebook ...

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First Published: Sat, January 13 2018. 01:41 IST
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