It's definitely a content farm; I suppose the other two accusations depend on one's personal definitions.
"The production process was simple. During a day shift—8 a.m. to about 6 p.m—four news editors stationed together near Clarke's desk assigned stories to reporters from a continually updated list of other publications' articles, to which I did not have access. Throughout the day, they would monitor the website's traffic to determine what was getting clicked on and what to remove from the homepage."