The company that everyone loves to hate (Facebook), held their annual F8 developer conference today to present some ideas that would hopefully turn a new leaf for them and recreate their image as a “privacy-focused social platform”. They presented the following major changes to their core product, which won’t take effect immediately but will supposedly start a new chapter in their book:

• Redesigning the core Facebook app around Groups and Events – shifting away from the News Feed
• Launching Facebook Dating and Meet New Friends, two privacy-focused features that allow you to use your profile to date and meet
• Combining the messaging functionalities of Messenger, WhatsApp, and Instagram – giving the ability to communicate between those services
• Making end-to-end encryption in Messenger the default

Zuckerberg summarizes the new chapter as a shift from “Facebook the Town Square” to “Facebook the Digital Living Room”.

What I don’t understand, though, is how Facebook the Digital Living Room will make money.