Facebook puts mobile ads experiment on hold

Advertisement
By Agence France-Presse | Updated: 20 December 2012 14:26 IST
Facebook said Wednesday it is halting a test of placing ads in "apps" that synch to the leading social network, renewing questions on how it will boost revenues from members using smartphones or tablets.

"We are pausing our mobile ads test off of Facebook," a company spokesman said in an email response to an AFP inquiry.

"While the results we have seen and the feedback from partners have been positive, our focus is on scaling ads in mobile news feed before ads off of Facebook."

The test of placing ads in Facebook-linked apps will be halted by the end of the year as the California-based firm makes a priority of developing ways to profit from "news feeds" of posts shared between friends at the social network.

Advertisement

Facebook shares were down slightly on the news, slipping less than a percent to $27.60 in late afternoon trading on the Nasdaq exchange.

Advertisement

Facebook stock rallied in October after the company reported quarterly earnings that showed gains in tapping the mobile advertising market.

During an earnings call with analysts, founder and chief executive Mark Zuckerberg said the company was "just getting started with our mobile product development and monetization.

Advertisement

Facebook went public in May with a resounding flop, its $38 initial public offering price immediately plunging to eventually less than half that.

That angered many investors who had built hopes that the company's huge popularity would result in huge gains in the share price.

Advertisement

Analysts have questioned the company's ability to earn money from smartphones, where Facebook is finding its users more often now.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. The Upcoming Poco X8 Pro Series Could be Launched Globally on This Date
  1. Astronomers Create the Largest 3D Map of the Early Universe’s Hydrogen Glow
  2. The Boys Season 5 OTT Release: When, Where to Watch the Final Season of the Superhero Series
  3. Laalo – Krishna Sada Sahaayate OTT Release: When, Where to Watch the Gujarati Spiritual Drama
  4. Vikram On Duty OTT Release: When, Where to Watch Nikhil Maliyakkal’s Telugu Crime Thriller
  5. Annagaru Vostaru OTT Release: When, Where to Watch Karthi’s Telugu Action-Comedy
  6. Local Times OTT Release: Know When and Where to Watch the Tamil Comedy Drama Online
  7. Vivo X300 Max With Zeiss Cameras and Android 16 Spotted at MWC 2026, Could Launch Soon
  8. WhatsApp Update Introduces Support for Discovering Stickers While Typing Emoji: How It Works
  9. This AI-Powered Portable Device Claims to Detect Microphones and Jam Audio Recordings
  10. Poco X8 Pro Series Global Launch Date Leaked Ahead of Anticipated Debut: Expected Price, Specifications
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.