Facebook Users Spending 50M hours Less on Site After News Feed Change

Facebook Users Spending 50M hours Less on Site After News Feed Change The social network giant made changes to its news feed late last year that included showing less viral videos. Facebook currently reaches 2.13 billion people per month and has 1.4 billion daily active users. CEO Mark Zuckerberg feels the decline may be necessary towards building a better Facebook. "In 2018, we're focused on making sure Facebook isn't just fun to use, but also good for people's well-being and for society. We're doing this by encouraging meaningful connections between people rather than passive consumption of content." Facebook's stock was down nearly 5 percent in after-hours trading.