Yes, Facebook is a media company
Dear Mark,We get it.We understand why you don't want to call Facebook a media company.Your investors don't want to invest in a media company, they want to invest in a technology company.
Facebook refuses to accept it's a media company — here's why that's terrible for you
Facebook is a social network.Facebook is a conglomerate (it owns Instagram, WhatsApp, and Oculus VR).Facebook is a hardware company.
"We're a tech company, we're not a media company," says Facebook founder
Facebook faces more pressure from lawmakers in Europe, after Germany's interior minister called on the company to quickly remove hateful and illegal posts—on the same day that its chief Mark Zuckerberg reiterated that the free content ad network wouldn't morph into a media empire.The call from Thomas de Maiziere comes less than a week since a committee of MPs in the UK concluded that Twitter, Google, and Facebook were "consciously failing" to police extremism on their services."Facebook should take down racist content or calls for violence from its pages on its own initiative even if it hasn't yet received a complaint," said de Maiziere on Monday.
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