Tagged With not a media company

Today, Wired published an inside look at Facebook's struggles with fake news over the last two years. It should come as no surprise that Mark Zuckerberg still doesn't think of Facebook as a media company, but an eye-opening story from 2007 reveals that in MySpace's heyday, Rupert Murdoch managed to intimidate the CEO in a way that only an old-school media mogul could.

When you know everything about two billion people but don't want to tell anyone what you know, it's tough to convey an image of transparency without actually being transparent. One solution that Facebook has come up with is hiring Liz Spayd, a former public editor for the New York Times, to "consult" on "transparency" in an effort to get everyone to shut the hell up about it.