Facebook refuses to accept it’s a media company — here’s why that’s terrible for you

Is Facebook just a social network?

 

Facebook is a social network. Facebook is a conglomerate (it owns Instagram, WhatsApp, and Oculus VR). Facebook is a hardware company. Facebook is a software company.

Facebook is many things. For instance, it’s also a media company.

 

Is Facebook just a social network?
Is Facebook just a social network?

 

The company has been busy in the last year developing several new products for its users. Here are some of the projects that CEO Mark Zuckerberg and Facebook have been working on: 9 projects Facebook has been developing since 2015 via CNBC

 

Kopitiam Bot

(Source: www.businessinsider.sg)

Facebook is a social network. Facebook is a conglomerate (it owns Instagram, WhatsApp, and Oculus VR). Facebook is a hardware company. Facebook is a software company.

Facebook is many things. For instance, it’s also a media company.

This is the only description of Facebook, however, that makes CEO and founder Mark Zuckerberg bristle. 

“We’re a technology company. We’re not a media company. When you think about a media company, you know, people are producing content, people are editing content, and that’s not us. We’re a technology company. We build tools. We do not produce the content. We exist to give you the tools to curate and have the experience that you want, to connect with the people and businesses and institutions in the world that you want.”

That’s Zuck speaking during a Facebook town hall event held this week, after being asked about Facebook’s role in media. 

The actions of Facebook…

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