Meta said Thursday that it would remove a dedicated section for news articles in April that will affect Facebook users in the United States and Australia.
"The number of people using Facebook News in Australia and the U.S. has dropped by over 80% last year."
Meta's decision to remove the Facebook News tab comes after the company said in September that it would eliminate the news section for Facebook users in the U.K., France and Germany.
However, Meta said that it "will not enter into new commercial deals for traditional news content in these countries and will not offer new Facebook products specifically for news publishers in the future."
A year ago, Facebook represented about 50% the media outlets' social traffic.
Persons:
Meta's Mark Zuckerberg, Zuckerberg, Jay Y, Lee, Meta, it's, Chartbeat, Similarweb, Mother Jones, Monika Bauerlein, Bauerlein, Sam Altman
Organizations:
Meta, Samsung Electronics, South Korean, Seoul Economic, Facebook, U.S, CNBC, Canadian, Nvidia
Locations:
South Korea, Seoul, United States, Australia, France, Germany