Facebook is the world’s most influential source of news.That’s true according to every available measure of size — the billion-plus people who devour its News Feed every day, the cargo ships of profit it keeps raking in, and the tsunami of online traffic it sends to other news sites.But Facebook has also acquired a more subtle power to shape the wider news business. Across the industry, reporters, editors and media executives now look to Facebook the same way nesting baby chicks look to their engorged mother — as the source of all knowledge and nourishment, the model for how to behave in this scary new-media world. Case in point: The New York Times, among others, recently began an initiative to broadcast live video. Why do you suppose that might be? Yup, the F word. The deal includes payments from Facebook to news outlets, including The Times.
http://www.nytimes.com/2016/05/12/technology/facebooks-bias-is-built-in-and-bears-watching.html