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During the coming months we’re making an update to News Feed to show people more stories that will load quickly on mobile and fewer stories that might take longer to load, so they can spend more time reading the stories they find relevant. Facebook Will Rank Faster Loading Pages In The Newsfeed [newsroom.fb.com]
What is the definition of a fast and slow site? Any specific speed?Google set up a newer Page Speed testing tool in the wake of their Mobile First evolution, a few months ago. There are links and discussion in a couple of threads here:
They don't specify the speed, but they talk about sites that take longer than three seconds to load will have 40% abandonment.