A Look at Facebook’s Billion Dollar 2016 Hit On the News Ecosystem

Credit CEO Mark Zuckerberg and his lieutenants for belatedly acknowledging the fake news problem and inching toward assuming other responsibilities that go along with publishing, even if it’s algorithmic publishing.

Pardon a churlish thought, however — is that modest progress diverting attention from the company’s bigger and devastating impact on the business of journalism?

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