The trouble, the publishers say, is twofold. The web advertising
business, always unpredictable, became more treacherous. And website
traffic plateaued at many large sites, in some cases falling — a new and
troubling experience after a decade of exuberant growth.
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The transition from an Internet of websites to an Internet of mobile apps and social platforms, and Facebook in particular, is no longer coming — it is here.
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