Facebook sees advertising prospects beyond games

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Facebook sees advertising prospects beyond games

Post by NewsOnline on Mon Jan 24, 2011 10:44 am

Facebook sees advertising prospects beyond games

MUNICH, Germany | Mon Jan 24, 2011 9:17am EST



(Reuters) - Facebook, recently valued at $50 billion, sees opportunities to extend its advertising business beyond the gaming sector, a company executive said on Monday.

Facebook is already challenging big Web businesses such as Google and Yahoo for users' time online and for advertising dollars, thanks to its audience of more than 500 million users and the information they share.

It has built a significant advertising business from social gaming, thanks to companies like Zynga who build games specifically for the Facebook platform, giving them a captive audience of enthusiasts.

http://www.reuters.com/article/idUSTRE70N2EO20110124

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Re: Facebook sees advertising prospects beyond games

Post by alonzajacobs on Sat Aug 27, 2011 8:15 am

Yes its all about money and for getting popularity in between the people more and more so that they can get more traffic so that they can charge well in term of advertising.

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