Meta's retreat from news content is hurting traffic, hitting revenue for media outlets: report

News outlets are experiencing major losses in visitor traffic – and hits to their revenue – as Facebook and Instagram parent Meta pivots away from the news business, according to a report.Despite its massive base of more than three billion users, Mark Zuckerberg’s social-media apps accounted for just 33% of overall social media traffic by page views for major news sites in December, CNBC reported. That was down from 50% in the same month one year earlier, according to traffic analytics firm Chartbeat’s ana ...