10 years ago
Facebook's plan for web domination
Facebook wants to take over the news business, said Ravi Somaiya at The New York Times. The social network, with 1.4 billion global users, has "already become a vital source of traffic" for news organizations struggling to make money in the internet age. But Facebook now wants to be more than a middleman. It has been quietly negotiating with several media companies — including BuzzFeed, National Geographic, and The New York Times...
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