Facebook CEO Says Group Will Not Become a Media Company

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Facebook Inc. will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform.

An increasing number of users are turning to social media networks, such as Facebook and Twitter, to find their news, but Zuckerberg said his firm had no ambitions to become a content provider.

“No, we are a tech company, not a media company,” said Zuckerberg, after a young Italian asked him whether Facebook intended to become a news editor.

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