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Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook's F8 Developer Conference on April 18, 201 in San Jose, California. Photo: Justin Sullivan/Getty Images

Facebook's recent shifts away from viral content, news, and video are already having an impact, said CEO Mark Zuckerberg as part of the company's latest quarterly report.

Why it matters: It's been a year of reckoning for the social network, which has had to deal with its influence over people's news diet and sharp criticism over its ability to exploit human psychology for attention. These forces led Facebook to change the newsfeed algorithm to focus more on content posted by friends rather than publishers.

Already last quarter, we made changes to show fewer viral videos to make sure people's time is well spent. In total, we made changes that reduced time spent on Facebook by roughly 50 million hours every day. By focusing on meaningful connections, our community and business will be stronger over the long term.
— Facebook CEO Mark Zuckerberg

The bottom line: Facebook's stock price is down nearly 5% in after-hours trading.

Go deeper

U.K. sends patrol ships to British island amid fishing dispute with France

The HMS Tamar, one of the two ships deployed to Jersey. Photo: Finnbarr Webster/Getty Images

The United Kingdom's government announced Wednesday it has deployed two Royal Navy patrol vessels to the island of Jersey "as a precautionary measure," as tensions over fishing rights escalate with France.

Why it matters: British Prime Minister Boris Johnson said in a statement the government took the action to protect Jersey against threats of "a blockade" of French fishing boats at the island, which is off the coast of northwest France.

Social media's "in-kind contribution to Biden"

Photo illustration: Annelise Capossela/Axios. Photo: Mark Wilson/Getty Images

Facebook's continued suspension of Donald Trump's account extends the silencing of Joe Biden's most potent critic — and the current president's control over the national political narrative into his second 100 days.

Why it matters: Biden has been able to successfully focus on COVID-19 relief, his infrastructure plan and fielding his new administration, in part, because Trump hasn't been able to shake his social media muzzle and bray about the migration crisis or any White House misstep.

5 hours ago - Politics & Policy

Liz Cheney's long game

Illustration: Aïda Amer/Axios

Rep. Liz Cheney (R-Wyo.) is all but rolling out the red carpet for her own ouster as House GOP conference chair next week and her expected replacement with Trump defender Rep. Elise Stefanik (R-N.Y.).

Why it matters: Cheney’s political falling out with House Minority Leader Kevin McCarthy (R-Calif.) is the ultimate proxy war between Republicans who remain beholden to a former president who falsely claims the election was stolen from him, or breaking free from Donald Trump to refocus on traditional conservative values.