I’ve got a new article posted at the Center for Digital Ethics & Policy: “Facebook is a media company, but what’s a media company?”
When Facebook says that it’s a tech company and not a media company, a silent shudder echoes across the internet.
It’s like the reaction that, say, Morton Salt would get if the C-suite was to declare that it’s running a logistics company, not a salt company. The audience might nod and applause (as they often do whenever Facebook makes a public statement) but under their breath, they’d be laughing. How can we not be a salt company? That’s literally part of our name.
The same irony applies to Facebook, a company synonymous with social media. Key word: media. But this didn’t stop Facebook COO Sheryl Sandberg from putting her foot in her mouth last fall when she went on record with Axios, confidently declaring that Facebook is not a media company. “At our heart we’re a tech company,” Sandberg said. “We don’t hire journalists.”