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Facebook changes News Feed, investors click on 'sad'

Reuters 

By Noel Randewich and David Ingram(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 centrepiece News Feed to prioritise what friends and family share, while reducing the amount of non-advertising content from publishers and brands.A warning by Zuckerberg that people could spend less time on Facebook in the short ...

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First Published: Sat, January 13 2018. 01:56 IST
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