Facebook's algorithm has wiped out a once flourishing digital publisher (FB)

The digital publisher LittleThings is shutting down. The company, like some other media companies, had quickly amassed a big following on Facebook. But Facebook's recent algorithm tweak throttled its traffic severely, causing its profit to plummet, the company says. The media industry's worst fears about Facebook's huge algorithm tweak are coming true. The women-focused publisher LittleThings is shutting its doors, in large part because of Facebook's recent move, the company's CEO,...