"We have heard feedback that there are some instances where a post from a friend or a Page you are connected to is only interesting at a specific moment, for example when you are both watching the same sports game, or talking about the season premiere of a popular TV show," said Facebook in a blog post.
Facebook is also going to factor in the rate at which people are liking or commenting on a post, Forbes magazine reported.
Facebook currently looks at the total number of likes that a post received, but now it will look at when people like, comment and share posts.
For people that engage with the story shortly after it is posted means that it was most interesting at that time, but will be less interesting at a later time.
The update to the news feed will be based on two factors - trending topics and engagement.
"This means that posts that receive likes, comments and shares faster will be posted higher in the news feed," Facebook added.
Meanwhile, an article on the satirical website National Report, which stated that the social networking site is going to charge its users $2.99 per month starting Nov 1 is fictional, media reports said.
"At a press conference, Facebook rolled out their new monthly service plan which begins November 1st of this year. The social media giant says they will start charging members $2.99/mo to use the services that the site has to offer," the article read.
The article also used "made up" quotes from Facebook CEO Mark Zuckerberg, Epoch Times reported.
"After thinking long and hard about this decision, at the end of the day we were forced to add this monthly fee. If we don't do something about our rising costs now, Facebook could cease to exist in the near future," the website quoted Zuckerberg as saying.
Later, the fake piece of information led people throng social media platforms expressing outrage over the article.
Recently, the social networking website announced that they would add a 'satire' tag with their news feed for articles from parody news outlets like The Onion.
"This is because we received feedback that people wanted a clearer way to distinguish satirical articles from others," a Facebook spokesperson told Ars Technica website.