Facebook is pulling the plug on its “trending” news section, saying it is working with publishers to test out other ways to display breaking news, including a new dedicated section or a breaking news label. The trending feature, launched in 2014, had highlighted popular news topics on Facebook, but had received significant criticism because it often surfaced so-called “fake news” topics. That’s a...
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What Twitter’s $809.5 Million Legal Payout Tells Us
It’s tempting to view Twitter’s $809.5 million settlement today of a shareholder lawsuit—which alleged that top executives misled investors with overly optimistic statements about user growth—as a meaningful development. The news media spends much of its time obsessing over the massive gulf between company executives’ public statements and private discussions—as last week’s Wall Street Journal...
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