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by snarf
3403 days ago
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I believe the parent means Facebook makes money off of this indirectly. The more salacious fake news on Facebook, the higher the user engagement rate with the news feed, and the more time spent on Facebook reading and sharing this stuff. This translates to more ad revenue for Facebook. |
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But I wouldn't describe that as "raking in money" - more like a marginal increase which might have been matched by other changes in the news feed algorithm.