Mashable reports that while Facebook has always said it's a tech company,
the "dividing line between media and tech is fuzzier than ever, as Facebook and its
peers increasingly package, host and yes even create some news and entertainment content. Yet Facebook appears to be hellbent on clinging to its tech identity." Facebook's refusal to be seen as a media company comes at its own peril. "Facebook endured a prolonged outcry over allegations that contractors hired to
help curate Trending Topics had inappropriately downgraded certain conservative news topics. That particularly explosive charge has yet to be proven,
but in its attempts to ease concerns about systemic editorial bias, Facebook unintentionally kickstarted new line of criticism."
Read the whole story at Mashable »
With a 90X PE Facebook better be a Tech Co else the stock price will be Calved by two-thirds if not more....
Yeah, Facebook. Be responsible like all the big media companies that built Trump the Candidate.