Facebook Is Eating the Media
Imagine for a moment that you run a website. You sell advertisements on the site, so you make money when people visit it. If people stop visiting your site, either you'll have to find a new business model, or you'll be out of a job. (For Slate, this does not require a great feat of imagination.) In the early days, people came to your site directly, by laboriously typing in your URL — let's call it yoursite.com.
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