Facebook overhauls design as it pivots to private messaging

Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while tapping new revenue sources. The new design showcases Facebook's messaging app, online marketplace and video-on-demand site, while giving greater prominence to the popular photo-driven Stories feature. Facebook had delayed rolling out certain products at last year's F8 event, which came soon after revelations it inappropriately shared information belonging to 87 million users with British political consulting firm Cambridge Analytica. But the field is more diverse for messaging, e-commerce and payments, with big players like Amazon.com Inc, Microsoft Corp and eBay Inc as well as fast-growing Silicon Valley unicorns like workplace messaging app Slack and video conferencing service Zoom Video Communications Inc. "We've shown time and again as a company that we have what it takes to evolve," Zuckerberg said. New shopping and other business-to-consumer interactions, already popular in Chinese social apps like WeChat, could also help squeeze revenue out of Facebook's messaging services.