Facebook chief executive Mark Zuckerberg made the announcement at the company's annual F8 developer conference.
The website Buzzfeed quoted Zuckerberg as saying: “We put [that data] into the system, and it is acting as a boost or a suppression, and we’re going to dial up the intensity of that over time.
"We feel like we have a responsibility to further [break] down polarisation and find common ground.”
Adding fuel to the fire, the company was embroiled in a data leak scandal recently, with the data analytics firm Cambridge Analytica found to have obtained personal details of millions of users during its work for Donald Trump's election campaign.
Zuckerberg was made to appear before Congress on two days last month to answer questions about the data leak.
The media outlets invited to Zuckerberg's announcement included BuzzFeed News, The Information, Quartz, The New York Times, CNN, The Wall Street Journal, NBC, Recode, Univision, Barron’s, the Daily Beast, The Economist, the Huffington Post, Insider, The Atlantic, the New York Post, and others.
Only two of these organisations are considered to lean towards the right: The Wall Street Journal and the New York Post, both publications owned by News Corporation.