The changes aimed at making the content within the News Feed more relevant. First, Facebook is dividing the News Feed into lists, much like Google+ has done with Circles. “Feed filters make it easy to see a selected set of friend’s updates in one place and share exclusive with them.
Second, the addition of Smart Lists. Smart Lists automatically sort your friends into a work list, a list for classmates and a list for friends who live within 50 miles of your city. This makes it easy to post updates just to your college friends or to talk about a local party with just your nearby friends.
The changes are likely to be construed as a response to the rise of Google+, whose Circles feature makes it easy to share content with smaller groups. Facebook has always had Friend Lists as a feature, but less than 5% of users use them in any meaningful way. These changes are designed to fix that.
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