Facebook Inc’s move to fulfill its ambition to be the personal “newspaper” for its billion-plus members is likely to mean more woes for the ailing news media.
The huge social network has become a key source of news for many users, as part of a dramatic shift in how people get information in the digital age.
Company founder Mark Zuckerberg told a forum earlier this month that his goal is to make Facebook’s newsfeed “the perfect personalized newspaper for every person in the world.”
Zuckerberg said that Facebook can tailor its feed to the interests of the individual, delivering a mix of world news, community events and updates about friends or family, while a newspaper provides the same information to every reader.
“It’s a different approach to newspapering,” said former USA Today editor Ken Paulson, who is now dean of communications at Middle Tennessee State University. “It’s neither good nor bad, but it’s something a traditional newspaper can’t do.”
With Facebook, editorial decisions about what members see are made not by a journalist, but an algorithm that determines which items are likely to be of greatest interest to each person.
This may concern the traditional journalism community, but even some media experts acknowledge that Facebook appears to be able to deliver more of what people want to see, in an efficient way.
“It’s intimate, it’s relevant, it’s extraordinarily timely and it’s about you. That’s more than any newspaper can do,” said Alan Mutter, a former Chicago daily newspaper editor who is now a consultant for digital media ventures.
Mutter said that as newspapers cling to their “ancient” business model, organizations like Facebook are making the news more personal. And he said the trend would continue as younger readers shun print in favor of digital and mobile platforms.
George Washington University journalism professor Nikki Usher, who specializes in new media, said Facebook configures its news feed using an algorithm taking into account tens of thousands of factors.
“Facebook has all the data to tell you what all of your friends are reading, so you have a better chance of seeing things that you are interested in,” she said. “The reason Facebook has so many engineers and data scientists is to continually make the algorithm better. The algorithm gets stronger as more people use it.”
Facebook is a source of news for at least 30 percent of Americans and a major driver of traffic to news Web sites, according to a Pew Research Center study.
This gives the social network enormous power over the news media, which is increasingly dependent on traffic from Facebook and other social platforms.
Even though Facebook is known for its computer coding, it still must make editorial decisions, Usher said.
“What’s scary is how reactive a position it puts news organizations [in], which are trying to guess Facebook’s next move,” she said. “That’s a lot of power to put in a single organization.”
Facebook, Google and other tech firms jealously guard their algorithmic formulas.
However, observers note that a single tweak of that formula can have important consequences for news organizations.
“News organizations are trying to build their strategy around trying to guess the algorithm, and ultimately that’s a losing strategy,” Usher said.
However, with traditional news media hurting, it remains unclear how the industry can support the kind of journalism needed to keep people informed as it has in the past.
Mutter said that what people read may change — it might be sponsored or subsidized in a way that might not be transparent.
“It won’t necessarily be real journalism, but it will be content,” he said.
Paulson said that while Facebook can deliver much of the information from newspapers, “it would be hard pressed to capture the soul” of traditional print news.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic. Icebreakers are specialized, expensive vessels able to navigate in the frozen far north. And “this is the crown jewel,” said Eddie Schehr, vice president of production at the Seaspan shipyard. For Canadian Prime Minister Mark Carney, who heads to Norway next Friday to observe arctic defense drills involving troops from 14 NATO states, Canada’s extreme north has emerged as a strategic priority. “Canada is and forever will be an Arctic nation,” he said ahead of
Chinese entrepreneur Frank Gao used to spend long hours running his social media accounts but now outsources the chore to artificial intelligence (AI) agent tool OpenClaw, which is taking China by storm despite official warnings over cybersecurity. OpenClaw, created in November by an Austrian coder, differs from bots such as ChatGPT because it can execute real-life tasks such as sending e-mails, organizing files or even booking flight tickets. “Since January, I’ve spent hours on the lobster every day,” Gao said in an interview, referring to OpenClaw’s red crustacean mascot. “We’re family.” After downloading OpenClaw, users connect it to artificial intelligence models of their
RSS