Join us at the Digiday Publishing Summit from March 24-26 in Vail
It’s a sign of where the centers of gravity are in the tech world that the Facebook developer’s conference, f8, has taken on the kind of frenzied speculation reserved for Apple events or, in a different era, the network upfronts.
There’s little doubt that Facebook will roll out some substantial new products on Thursday. The company has been tinkering of late, hardly rolling out gamechanging advances. And the new competition from Google has certainly focused the company. (Those new autopopulating Facebook Smart Lists sure do look and act quite a bit like Google+ Circles.) The f8 event is devoted to Facebook’s platform, and Thursday will likely mark its decisive turn toward the content industry.
That is likely to come in the form of a raft of new Facebook buttons. The like button was just the beginning. There are reports Facebook is going to introduce buttons for people to indicate what they read, listened to, and watched. I’ve also heard talk of a buy button, which would be a major step for Facebook to become the middleman for e-commerce companies. Retailers probably aren’t crazy with the idea of Facebook collecting all that data on their customers, but everyone has Facebook accounts. It makes sense for Facebook to power transactions — and take a little cut.
But the main focus will likely be content. Silicon Valley giants from Microsoft to Apple to Google have long been hell-bent in getting into the content-distribution business. Now Facebook takes that step. Zuckerberg used to compare how many “stories” users created on Facebook via status updates to what newspapers produce. That wasn’t exact. But Facebook now has the opportunity to drive more content consumption. A revamped profile is built around that, according to Mashable.
More in Media

The Trump tariffs are forcing creators to overhaul their side businesses
The Donald Trump administration’s tariffs, which impose an additional 10 percent duty on Chinese imports, have led to an increase in creators’ business costs.

Brands’ interest in “Grand Theft Auto” is mounting — but questions about brand safety remain
Although it remains unclear whether Rockstar’s stance toward brands will soften for “GTA 6,” the game developer is certainly aware of “GTA’s” power as a distribution network, both for its own products and for outside advertisers.

Media Briefing: Podcasters test different types of paywalls for subscriptions
Podcasters discuss testing out different podcast subscriptions, and how to grow them as a complement (or alternative) to advertising revenue at this year’s On Air Fest event.