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Zuckerberg lost $3.3 billion after announcing major changes to Facebook news feed

Zuckerberg lost $3.3 billion after announcing major changes to Facebook news feed

Zuckerberg lost $3.3 billion Friday after he said content from family and friends, and not media outlets and businesses, will dominate Facebook’s news feed.

An article on Facebook’s news room section indicates the social media giant employs “social psychologists, social scientists and sociologists, and we collaborate with top scholars to better understand well-being and work to make Facebook a place that contributes in a positive way.”

Content that is shared and talked about between friends will grow, and content that’s directly consumed from Pages directly will shrink slightly.”

Users are now able to “snooze” people for 30 days, rather than “un-friending” them, the social media giant announced in December.

“We recently released suicide prevention support on Facebook Live and introduced artificial intelligence to detect suicidal posts even before they are reported,” the article states.

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