Today: 26.04.2018
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Wall Street not a fan of Facebook’s new News Feed.

Facebook’s latest changes to its News Feed left investors searching for a dislike button. Shares of the social network plunged 4.5 percent on Friday, to $179.37, one day after the company said it would prioritize posts from friends over posts from publishers and businesses. The changes could lead to a short-term drop in engagement —...
Time: 23:08     Date: 12.01.2018
World Tech News: Wall Street not a fan of Facebook’s new News Feed. NY Post 24 - US News

The changes could lead to a short-term drop in engagement — and cause a decline in ad revenue.

“Now, I want to be clear: by making these changes, I expect the time people spend on Facebook, and some measures of engagement, will go down,” Facebook founder and CEO Mark Zuckerberg warned in a posting on the social media platform Thursday evening. The billionaire Facebook founder was sort of forced into the changes after the social media giant was knocked for having its algorithms prioritize misleading news in people’s feeds — a phenomena that was aimed at swaying the 2016 election.

Facebook reported ad revenues of $10.1 billion in the third quarter — a 49 percent increase from the prior year’s quarter.

“This announcement injects incremental near-term uncertainty into Facebook’s ad revenue growth this year, which will make Facebook’s a show-me story over the next few quarters,” Brian Nowak, analyst at Morgan Stanley, said in a note Friday.

But others on the Street saw Friday’s drop as a reckoning more than a year in the works.

“2017 was a really bad year. At some point all of these bad things will play out,” Brian Wieser, analyst at Pivotal Research Group, told The Post.

Although Facebook’s stock soared 53.4 percent in 2017, the company was also forced to admit that nearly 126 million users were served up Russia-linked ads and content during the 2016 Presidential election.

Last month, former Facebook exec Chamath Palihapitiya said the company’s tools are “ripping apart the social fabric of how society works.”

Many on Wall Street are expecting the hit Facebook will take to be only a shortterm problem.

Media companies are expected to be negatively affected as their news content is downgraded in terms of priority.

Tech

World Tech News: YouTube ran ads for big firms on Nazi, pedophilia channels. NY Post 24 - US News
YouTube ran ads for big firms on Nazi, pedophilia channels.
YouTube has been accused of showing ads from multi-national companies on channels promoting extremism, Nazis and even pedophilia....
World Tech News: Army developing ‘nano-satellites’ for space warfare. NY Post 24 - US News
Army developing ‘nano-satellites’ for space warfare.
Small “nano-satellites” could soon play a big role in US Army plans to win ground wars, a top US Army official...
World Tech News: Hubble celebrates 28 years with shot of wild stellar nursery. NY Post 24 - US News
Hubble celebrates 28 years with shot of wild stellar nursery.
CAPE CANAVERAL, Fla. — NASA is marking the 28th anniversary of the Hubble Space Telescope’s launch with a peek into a...
World Tech News: Cryptocurrency exchange owner slams Schneiderman. NY Post 24 - US News
Cryptocurrency exchange owner slams Schneiderman.
Take a hike, Eric. The owner of a virtual currency exchange on Thursday hit back at New York Attorney General Eric Schneiderman’s...

Opinion

Last US News - Opinion: Why does de Blasio keep closing his eyes to sexual misconduct?. NY Post 24 - US News
Why does de Blasio keep closing his eyes to sexual misconduct?.
On July 17, 2017, during my campaign for mayor, I issued a news release containing the following headline: “Mayor Turns...
Last US News - Opinion: How to stop the West from committing cultural suicide. NY Post 24 - US News
How to stop the West from committing cultural suicide.
It might seem odd to say a book with the alarming title of “Suicide of the West” is an exhilarating call to arms in defense...
Last US News - Opinion: France’s president just turned Trump into a statesman. NY Post 24 - US News
France’s president just turned Trump into a statesman.
So much for the idea that President Trump would be too ignorant and coarse to conduct diplomacy with Europe on a grand scale....
Last US News - Opinion: NYCHA’s delusional claim that its apartments are ‘beautiful’. NY Post 24 - US News
NYCHA’s delusional claim that its apartments are ‘beautiful’.
City Housing Authority Acting General Manager Vito Mustaciuolo actually bragged to the City Council the other day about all...
Last US News - Opinion: NYC’s new chancellor is already protecting staff at kids’ expense. NY Post 24 - US News
NYC’s new chancellor is already protecting staff at kids’ expense.
In one of his first official decisions as the city’s new schools chancellor, Richard Carranza sided with the status quo,...

Living

US Living News: Royal fanatics can now buy royal wedding-themed sex toys. NY Post 24 - US News
Royal fanatics can now buy royal wedding-themed sex toys.
Passionate Royalists can get a buzz ahead of Prince Harry and Meghan Markle’s wedding – with limited edition sex...
US Living News: E. coli outbreak linked to romaine lettuce grows to 84 cases. NY Post 24 - US News
E. coli outbreak linked to romaine lettuce grows to 84 cases.
YUMA, Ariz. — U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84...
US Living News: Couple who survived Las Vegas massacre together get engaged. NY Post 24 - US News
Couple who survived Las Vegas massacre together get engaged.
As it was for many Americans, October 1, 2017, was a sobering date for Mykenzie Lane and her boyfriend, Brandon Helmick....
US Living News: Scientists discover summer is more stressful than winter. NY Post 24 - US News
Scientists discover summer is more stressful than winter.
It really is a cruel, cruel summer after all. A new study looking at stress in medical students found that, counterintuitively,...
US Living News: Woman in car accident brags her eyeliner didn’t budge. NY Post 24 - US News
Woman in car accident brags her eyeliner didn’t budge.
A woman’s review for Kat Von D Tattoo Liner is going viral because of some extraordinary circumstances. Shelby Pagan wrote...
US Living News: Can ‘forcible exposure’ help kids with autism?. NY Post 24 - US News
Can ‘forcible exposure’ help kids with autism?.
Whitney Ellenby will admit: At times, her approach to raising her son Zack might have looked more like child abuse, especially...
US Living News: How tattoos can sabotage your love life. NY Post 24 - US News
How tattoos can sabotage your love life.
When it comes to finding somebody special, Kristel Oreto’s body art can be an issue. “When I see a cute guy, I would...
US Living News: Stepmom shares how to survive kids — and the ex. NY Post 24 - US News
Stepmom shares how to survive kids — and the ex.
In 1996, at the age of 31, Laurie Marchel couldn’t wait to marry a man with two young children. They were adorable toddlers...

Business

Last US Business News: Steve Cohen’s hedge fund sued over use of another fund’s name. NY Post 24 - US News
Steve Cohen’s hedge fund sued over use of another fund’s name.
Billionaire Steven Cohen’s hedge fund was sued on Wednesday by a San Francisco money manager seeking to stop it from using...
Last US Business News: Southwest says deadly engine disaster is hurting business. NY Post 24 - US News
Southwest says deadly engine disaster is hurting business.
Southwest Airlines on Thursday warned that fallout from a fatal mid-air explosion last week will weigh on second-quarter...
Last US Business News: Tesla’s head of Autopilot is leaving company. NY Post 24 - US News
Tesla’s head of Autopilot is leaving company.
Tesla said Jim Keller, who had been in charge of the electric-car maker’s controversial Autopilot software, has left the...
Last US Business News: Bahamas billionaires $50M brouhaha is back on. NY Post 24 - US News
Bahamas billionaires $50M brouhaha is back on.
The 10-year battle of billionaires Louis Bacon and Peter Nygard isn’t over yet. A New York appellate court gave hedge funder...
Last US Business News: Why the Fed is an underrated player in Washington politics. NY Post 24 - US News
Why the Fed is an underrated player in Washington politics.
The political drama that’s playing out in Washington has one actor that hasn’t yet been introduced — the Federal Reserve....
Last US Business News: NYC restaurants propose surcharges for all diners. NY Post 24 - US News
NYC restaurants propose surcharges for all diners.
Big Apple restaurants are at a tipping point. With record hikes in wages over the past couple of years — on top of rising...
Last US Business News: Wilson Sporting Goods releases details on new ‘smart’ football. NY Post 24 - US News
Wilson Sporting Goods releases details on new ‘smart’ football.
You’ve heard of RoboCop, how about RoboQB? Just in time for Thursday’ s NFL Draft, Wilson Sporting Goods is releasing...
Last US Business News: Chipotle shares up after stronger-than-expected Q1 sales. NY Post 24 - US News
Chipotle shares up after stronger-than-expected Q1 sales.
Change is on the menu at Chipotle Mexican Grill. The burrito joint’s new chief executive, Brian Niccol, said on Wednesday...

Metro

Metro News: Norovirus confirmed after 50 college students fall ill in New York. NY Post 24 - US News
Norovirus confirmed after 50 college students fall ill in New York.
CLINTON, N.Y. — Officials at an upstate New York college have confirmed that norovirus sickened over 50 students. Hamilton...
Metro News: De Blasio’s Charter Revision Commission holds first public meeting. NY Post 24 - US News
De Blasio’s Charter Revision Commission holds first public meeting.
Mayor de Blasio’s handpicked Charter Revision Commission held its first public hearing Wednesday with little fanfare...
Metro News: NYC restaurants propose surcharges for all diners. NY Post 24 - US News
NYC restaurants propose surcharges for all diners.
Big Apple restaurants are at a tipping point. With record hikes in wages over the past couple of years — on top of rising...
Metro News: Gillibrand proposes legislation to bring banking to post offices. NY Post 24 - US News
Gillibrand proposes legislation to bring banking to post offices.
Finally a reason to visit the Post Office. Every one of the 36,000 US post offices around the country will be forced to offer...
Metro News: NYPD sergeant blames beatdown on Starbucks feeding homeless. NY Post 24 - US News
NYPD sergeant blames beatdown on Starbucks feeding homeless.
An NYPD sergeant urged a Midtown Starbucks to stop giving free food to the homeless after dozens of disturbance calls at...
Metro News: Judges vote to keep interim US attorney in top prosecutor role. NY Post 24 - US News
Judges vote to keep interim US attorney in top prosecutor role.
A group of Manhattan federal judges has taken the unusual — but by-the-book — ​step of voting to keep interim US Attorney...
Metro News: Jurors are bailing on Sheldon Silver’s retrial. NY Post 24 - US News
Jurors are bailing on Sheldon Silver’s retrial.
Disgraced former Assembly Speaker Sheldon Silver is having trouble holding on to jurors empaneled for his April 30 corruption...
Metro News: NYC has more than 600K ‘supercommuters’. NY Post 24 - US News
NYC has more than 600K ‘supercommuters’.
The number of “supercommuters” in the country is on the rise — and more than 600,000 live in metropolitan New York....

Sport

Last US Sport News: Ronda Rousey still can’t talk UFC demise without breaking down. NY Post 24 - US News
Ronda Rousey still can’t talk UFC demise without breaking down.
The tears flowed Wednesday night as Ronda Rousey opened up about the two devastating losses that ended her UFC career. “I...
Last US Sport News: Pete Carroll fires back at ex-Seahawks Sherman and Bennett. NY Post 24 - US News
Pete Carroll fires back at ex-Seahawks Sherman and Bennett.
Pete Carroll isn’t backing down from the dismantled Legion of Boom. After former Seahawks cornerback Richard Sherman...
Last US Sport News: There is a ‘tsunami’ of match-fixing infiltrating tennis. NY Post 24 - US News
There is a ‘tsunami’ of match-fixing infiltrating tennis.
An independent review of corruption in tennis found that the sport “faces a serious integrity problem” at its...
Last US Sport News: Browns’ Baker Mayfield momentum: Real or massive smokescreen?. NY Post 24 - US News
Browns’ Baker Mayfield momentum: Real or massive smokescreen?.
The mystery around the No. 1 pick is only getting juicier as the hours tick down to draft night. For so long, USC’s...
Last US Sport News: Ugly Josh Allen tweets emerge at the worst time. NY Post 24 - US News
Ugly Josh Allen tweets emerge at the worst time.
Josh Allen is kicking off his pre-draft festivities with an apology tour. After racially insensitive tweets from his high...