Meta Platforms announced what is sure to be controversial changes to its social media app in the UK, France, and Germany. Starting in December, Facebook will no longer offer the ‘Facebook News’ feature in those countries. The news feed feature being removed was first launched in the U.S., the U.K., Germany, France and Australia.
According to Meta, News only accounts for less than 3% of what people see in their Facebook feed, therefore “the vast majority of people” don’t actually use the News feature. Because of this, they are focusing their “time and resources on things people tell us they want to see more of on the platform, including short form video.”
However, all is not lost for European news publishers. Meta says that users will still be able to view links to news articles, and European news publishers will still have access to their Facebook accounts and pages in December. Additionally, Meta plans to honor “obligations under all existing Facebook News deals” with publishers in the UK, France, and Germany until December.
Related: Meta To Pull News From Facebook Over Canada’s Online News Act
Meta is also rumored to be exploring ad-free paid subscriptions in Europe. This could be an effort by the internet giant to appease European regulators, who are concerned about data collection and privacy.
The move signals a push by Meta to focus more on providing services that people want, and less on the showcasing and curation of news. According to their statement, “As a company, we have to focus our time and resources on things people tell us they want to see more of on the platform, including short-form video.”
Source: Reuters
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI