Facebook is gearing up to snatch a piece of the newsletter pie.
The social media company is reportedly developing a set of newsletter tools “for journalists and writers,” according to from the New York Times. It’s early days for the project, according to the three people who spoke with the paper, but it apparently has CEO and co-founder Mark Zuckerberg’s blessing.
The move would mark Facebook’s latest step into territory that’s already been popularized by other businesses. Substack is perhaps the best-known example to most in these early days of 2021, though is also a notable development in the same space.
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