SAN FRANCISCO, CA - SEPTEMBER 22: Facebook CEO Mark Zuckerberg shows off the new Timeline as he delivers a keynote address during the Facebook f8 conference on September 22, 2011 in San Francisco, California. Facebook CEO Mark Zuckerberg …
Posted: 02/06/2012
Many Facebook users login through the social media’s mobile app for smart phones, and the service has been advertisement free---but that’s about to change, Reuters reports.
Up until this point, Facebook had not effectively made money off of the service, according to Fast Company .
But now that the company is going public, Mark Zuckerberg is reportedly in talks with undisclosed ad agencies about displaying “feature stories” in the mobile news feed.
These ads should appear on the mobile application in March.
The extra source of revenue could help Zuckerberg raise the $5 billion he hopes to have for Facebook’s initial public offering, which is expected to be during May.
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