Facebook CEO says group will not become a media company | Reuters (Aug 29, 2016)
Mark Zuckerberg and Facebook in general have long strenuously resisted the media company label, not least because media companies are valued much lower than tech companies. And yet Facebook has become arguably the most influential media company in the world over the past few years, a fact that’s only become clearer as 2016 has gone on. This identity crisis also makes it harder for Facebook to make smart decisions about how to manage problems like fake news on the site – the sooner it reaches some conclusions, the better.
via Facebook CEO says group will not become a media company | Reuters
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