Facebook's New Role: News Site

Facebook, the news site? Hitwise runs the numbers and determines that the social network is now the fourth biggest source of visits to news and media sites, after Google (NSDQ: GOOG), Yahoo (NSDQ: YHOO) and MSN, accounting for 3.52 percent of all “upstream visits.” That’s up from under 1.5 percent just a year ago—in line with the site’s big jump in membership. It’s possible, though, that even if...

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