Crazy Thinking Facebook News Today

Manipulated that the president who has been criticized even by his own party for not schmoozing, members of congress, kind of referring to hanging out with his family can have a couple of meals with the gop and suddenly hes reaching out, hes got a new strategy? >> i think theres a lot of that. it changes the press narrative. theres probably some benefit for him actually going out to dinner. >> there is. >> you know, ive been writing about this recently. i think its all overrated. politicians are...

Im like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, thats progressive. call or click today. facebook was originally launched as a way to share things, family photos, status updates with your friends. when mark zuckerberg announced this week that he was revamping facebooks news feed, the first thing you see on the screen, it...

>> so is facebook now kind of a news organization? joining us from a sunny spot at the south by southwest conference in austin, texas, te kera swisher. will some of them start using facebook as a version of their daily paper? >> no, i dont -- its an unusual word he picked. theyre not going to be doing any original content. just like google and the "huffington post", theyll aggregate it for you. theyll use a social graph to do so, leaving your friends signals, signals you go to. photos, things li...

News. i dont think your friends are going to start being howie, people will share sources from, you know, world class news organizations and theyll aggregate it there on facebook. so its going to be more like a news reader than anything else and so theyre not getting -- i know journalists all go, you know, crazy thinking facebooks going to take over their business, but its more they want to suck in all the information that journalists write and make more money from it than news organizations, so...

A deal where if you pay the company a little money, it will make sure that you get better distribution and your likes and people who like what you do, they tell their friends goes way up. is this also about generating revenue for zuckerberg? >> well, of course it is. of course its generating revenue for facebook but thats not entirely true. what youre talking about is if you buy an@anywhere. if you tauted your website anywhere, yahoo, anywhere else, youll get placement. its not a pay for placing...

The place where you went to get the links on what was happening. is facebook trying to compete more with twitter in this regard? >> well, yeah. i think theyre all competing. so is google. google is trying to do this, bring you relevant news. so is the "huffington post." they read it there and you can sell advertising again. the facebook algorithm is over blown. they move this around to get the speed, not spamming. things change all the time. google does it all the time. twitter does it on occasi...

The difference is why didnt news organizations think about this. >> the question ive asked myself many times. >> its too bad. >> facebook has 1 billion users. care ra swisher, thank you for stopping by from austin. >> up next, abc news and the washington post challenge that disputed daily caller by bob menendez and prostitutes. my two cents in a moment. yeah. ♪ dad: youll be fine, ok? girl: ok. dad: you look so pretty. ♪ im overprotective. thats why i got a subaru. love. its what makes a sub...