Facebook may not like its corrosive effect on the types of news that gets shared online, but its influence is growing stronger. WhatsApp, its $19 billion messaging miracle, already sends more traffic to USA Today's sports blog than Twitter.

Mike Hudack is the Director of Product Managment at Facebook. He believes in the web. He also believes CNN, print newspapers, BuzzFeed, HuffPo, and Vox are terrible. "Someone should fix this shit," he laments. If he's looking for people to blame, he should start with himself.

It's 2014 and Twitter isn't a profitable company—but did you see how many retweets Ellen got last night? The Hollywood selfie seems like a giant business coup for ad-reliant Twitter, but it says more about the power of a century-old technology than anything else.

The lines have gotten even blurrier since the Internet kneecapped newspapers. In the past few years, media companies called themselves tech companies, then that distinction became meaningless. In between, tech honchos spent their loose change on magazines and newspapers or just financed their own.

For years, Ambiguous New York Media Person par excellence Rachel Sklar has maintained a private email list for her close friends. It's a power cluster of well-connected-on-paper women in media, technology, and the blurry outskirts of each, a ceaseless mill of congratulations and networking. Now, you can buy your way inside for just $850 every year.

Despite a recent investment from Jeff Bezos, Business Insider appears to be advertising for Facebook instead.