Why Facebook could be the next big news publisher
In an interview with The Wall Street Journal in 2007, Facebook founder Mark Zuckerberg alluded to a new stage to transform Facebook from simply a social media site into a diverse platform. He said that in future iterations, users would see “real stories being produced” on their Facebook feeds.
The obvious question is, would Facebook want to get into the news business? It’s clear today that it’s not exactly profitable. Or is it that this current business approach is no longer profitable?
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