Your News Feed on Facebook typically highlights the most relevant stories based on who you interact with, what you've clicked on, and the timeliness of the posting. However, a lot of posts are ones that your friends have commented on that don't necessarily have anything to do with what you want. Now, Facebook is making a change so that you see more posts from people you actually want to see - your friends and family.
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A lot of this has to do with the ranking of different posts, but that wasn't always working out. So Facebook came up with something they call "News Feed Values." The aim is to get people the stories that mean something to them.
This includes putting to stories of your family and friends first so that you can stay connected. Those you interact with are more likely to be toward the top. For example, if you tend to like photos of your best friend, you will most likely see all of her statuses at the top of your feed so that you won't miss them.
It also includes the idea that your feed should inform you about what is going on in your life as well as entertain you. Finding that delicate balance is key to Facebook's success. Facebook is putting some of that control into your hands by taking what you mark as "uninteresting" or "hide" and building you a better News Feed.
Within their press release, Facebook also confirmed that they aren't biased toward specific news sources - they are looking at everything. They want people to read about the different viewpoints that are out there.
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With some feedback, Facebook is really hoping to change up what happens with your Feed.