Social network Facebook unveiled a new advertising system on Tuesday that will let companies introduce ads into the user pages of its 50 million members, and launch dedicated pages on the site for their brands.
Microsoft Corp took a minority investment in Facebook last month that valued the privately held company at $15 billion, largely on the expectation the social network would soon be able to mine user profiles for valuable ad data.
( OH...Really...humph! )
"It's not about being commercial, it's about being useful," said Quincy Smith, president at CBS Interactive.
( geeez, do you really think everyone's an idiot...right, yer doin' it to be ' useful ' ...barf )
Facebook invites ads into user profiles | Technology | Reuters
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