More social, please: Facebook nixes banner ads
Microsoft and Facebook announced earlier on Friday a big change in their search and advertising relationship: that Facebook will handle all of its own graphical ads, ending a 2007 advertising agreement with Microsoft that accompanied Redmond's $240 million investment in the social network. At the same time, a more enhanced version of Microsoft's Bing search engine will be available through Facebook.
But Facebook, as it turns out, is getting rid of traditional banner ads altogether.
"We recently stopped displaying Microsoft's banner ads in some international markets. After additional talks with Microsoft, we have agreed to stop … Read more