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And don't miss Shira Ovide on Facebook's core button: "I'm not saying killing the "like" button would solve all the company's problems. There are no silver bullets for Facebook's ills. But it's clear that some of the defining features of social media and the internet had unintended consequences, and they're becoming too glaring to ignore. One of the defining characteristics of YouTube has been that anyone can upload a video, and maybe make a living from their favorite hobby. YouTube is rethinking that now."
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.
To contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.net.
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