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Who writes this crap? Facebook doesn't compete with online newspapers for mobile advertising and people don't check online newspapers for sporting news. Maybe
by IanDrake 14y ago
Who writes this crap? Facebook doesn't compete with online newspapers for mobile advertising and people don't check online newspapers for sporting news.
Maybe I'm thick, but this make no sense:
"Facebook, like so many other social media ventures, needs mobile marketing revenues to prosper. Buffett, who just bought 63 newspapers from Media General (NYSE: MEG) for the holdings of Berkshire Hathaway (NYSE: BRK-A), will be maximizing the digital editions of the publications. That puts Warren Buffett right where Facebook is not only heading, but needs to be."