Meta Facebook Says In Early December, We Will Deprecate Facebook News, A Dedicated Tab For News Content, In The UK, France And Germany
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc., formerly known as Facebook, announced that it will deprecate Facebook News, a dedicated tab for news content, in the UK, France, and Germany in early December.
September 05, 2023 | 1:19 pm
News sentiment analysis
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NEGATIVE IMPACT
Meta's decision to deprecate Facebook News in the UK, France, and Germany could potentially impact user engagement and ad revenues.
Facebook News is a significant feature that drives user engagement and ad revenues. Its deprecation in key European markets could lead to a decrease in user time spent on the platform and potentially impact ad revenues. However, the exact impact will depend on how users adapt to this change and whether they continue to consume news content through other means on the platform.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100