2024-03-02
Well done to Meta for calling the rent-seekers' bluff. Facebook sent clicks to news websites, where the sites have ads & run paywalls. It hasn't stolen a cent of anyone's news revenue, & now the rent seekers will have to live without the traffic. Listen to the piggies squeal! [image]
Bloomberg
Meta plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and stop signing deals for traditional news content in those countries
it was begun for hookups, parties, and puppies but readers and publishers added news in their own posts. News came to depend on Facebook for links and audience — that's why publis...
2024-03-01
Well done to Meta for calling the rent-seekers' bluff. Facebook sent clicks to news websites, where the sites have ads & run paywalls. It hasn't stolen a cent of anyone's news revenue, & now the rent seekers will have to live without the traffic. Listen to the piggies squeal! [image]
Bloomberg
Meta plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and stop signing deals for traditional news content in those countries
Meta Platforms Inc. is winding down its news feature in the US and Australia, part of a broader shift away from the category for the social media giant.