Update: The Founder of Facebook, Mark Zuckerberg has just confirmed the news. And this is what he updated on his timeline;

It seems that Facebook wants to stop making enough cash from us, as they introduced new method to shrink out some stories, adverts banner from your timeline to show you more of Friends and Family activities.

So if you are among those that used Facebook to catch up on the news will find less of it to read. Sooner or later, we’ll watch fewer videos, and we’ll see fewer advertisements, i.e the rate at which it makes more and more money off us will slow.

According to Adam Mosseri, Facebook’s Head of News Feed, wrote in a blog post announcing the changes.

“Because space in News Feed is limited, showing more posts from friends and family and updates that spark conversation means we’ll show less public content, including videos and other posts from publishers or businesses,”

As we all know, Facebook relies heavily on engagement to sort content on its News Feed. Posts that received a lot of reactions, comments, or shares were bumped up, as Facebook identified which posts were popular in users networks.

In addition to that, Facebook will also penalize so-called “engagement-bait” that looks to commandeer user reactions — the likes, comments, and shares of Facebook engagement — into earning a higher reach, Mosseri said.

So far said, Facebook is Revamping its News Feed to Show You More From Friends and Family and Less From Brands and not only that, Posts that ask for recommendations or advice, like those promoting charities, won’t be impacted by the update, Facebook says.

Facebook

Facebook also says it’s reviewed and categorized hundreds of thousands of posts in order to train its system to accurately detect engagement bait. The goal, Facebook says, is to clear the News Feed of content that’s “spammy, sensational, or misleading.”

This is to tackle Facebook Fake News! The changes appear to be part of a broader effort at the company to prevent inauthentic content from dominating the News Feed as Facebook has come under fire for the proliferation and spread of fake news on its platform.

We’re About to See Way Fewer Facebook Posts Asking For Likes and Comments. CEO Mark Zuckerberg said the pages managed by those businesses are likely to reach far fewer people in 2018.

“As we roll this out, you’ll see less public content like posts from businesses, brands, and media,” he wrote. “And the public content you see more will be held to the same standard — it should encourage meaningful interactions between people.”

He added: “Now, I want to be clear: by making these changes, I expect the time people spend on Facebook and some measures of engagement will go down. But I also expect the time you do spend on Facebook will be more valuable. And if we do the right thing, I believe that will be good for our community and our business over the long term too.”

Although, there new rumors that says that the company recently announced it will offer a new subscription service that will allow publishers to share 10 free articles a month before users are prompted to sign up for a paid subscription with the platform.

The payment and financial details have not been disclosed just yet, but all subscriber data will be controlled by the publisher. But this last part of the article concerning users paying cash for more content is yet to be verified.
Stay Updated!

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