Facebook (FB) Falls After Putting Brakes on Ad Network Plans
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Facebook (NASDAQ: FB) is seeing mid-day weakness following reports from AllThingsD the company plans to slelve plans for an ad network for now.
From AllThingsD
Looks like we’ll have wait a bit longer to see Facebook’s much-anticipated ad network.
The social giant is putting the brakes on a test it launched earlier this year that that let it place its own ads on other developer’s mobile apps.
Shares of FB are down 1.7%.
From AllThingsD
Looks like we’ll have wait a bit longer to see Facebook’s much-anticipated ad network.
The social giant is putting the brakes on a test it launched earlier this year that that let it place its own ads on other developer’s mobile apps.
Shares of FB are down 1.7%.
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