Facebook shifting resources away from news, newsletter product - WSJ
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Facebook (NASDAQ:META) is shifting resources out of its News tab and newsletter platform as it moves to boost focus on the "creator economy," the WSJ reports.
That comes in a memo from Campbell Brown, the former journalist who took over leadership of Facebook's media partnerships, according to the report.

It's a product-level decision rather than a partnerships decision, WSJ said. The company will shift engineering and product support out of the news operation, as well as Facebook's Bulletin newsletter offering - created as a rival to the Substack newsletter subscription platform.
"For a lot of us - this was a labor of love and I know it's hard to see these products put on the back burner," Brown reportedly said in the memo. "These are products that have delivered tremendous value for our partners and our users."
Facebook parent Meta Platforms (META) is taking advantage of a rally in Internet stocks Tuesday, up 4.6% a little after midday.