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Meta Phases Out Facebook News Tab, Zuckerberg Seeks AI Partnerships in Asia

The move to eliminate the news feature aligns with Meta's focus on AI and short-form video, as Zuckerberg engages with tech giants in Asia for future collaborations.

Mark Zuckerberg, chief executive officer and founder of Facebook Inc., looks at his phone after the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 13, 2018. The 35th annual Allen & Co. conference gathers many of America's wealthiest and most powerful people in media, technology, and sports. Photographer: David Paul Morris/Bloomberg via Getty Images
The Meta Quest Pro
Meta CEO Mark Zuckerberg had a two-hour-long discussion with LG leadership
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Overview

  • Meta announces the removal of the Facebook News tab in the U.S. and Australia, citing a significant drop in usage.
  • Mark Zuckerberg's Asia tour includes strategic meetings focused on AI chip supply and extended reality collaborations.
  • Zuckerberg meets with Samsung and LG executives to discuss potential collaborations in AI chips and extended reality devices.
  • Meta continues to shift focus towards short-form video content and AI, moving away from traditional news distribution.
  • The decision to remove the Facebook News tab follows Meta's strategy to invest in products that drive user engagement.