Facebook (FB) Working on Location-Based Mobile-Ad Product -Bloomberg

June 18, 2012 11:13 AM EDT Send to a Friend
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Bloomberg reporting Facebook (Nasdaq: FB) is preparing a location-based mobile-advertising product. The program will allow advertisers to target users with real-time data based on their current location.

Facebook shares are up 2.5 percent to over $30.75 at last check.


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