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."

Advertisement

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.

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. OnePlus N6x Design, Colour Options Teased Ahead of India Launch
  2. Samsung Galaxy Unpacked Event Today: How to Watch Livestream
  3. These OnePlus Smartphones Could Receive the ColorOS 17 Update in India
  4. Redmi Note 17 Pro Max Listed on NBTC Website Ahead of Imminent Launch
  5. Here's How Much the Redmi Note 17 Could Cost in India
  6. Samsung Galaxy Unpacked 2026 LIVE: What Samsung Might Launch Today
  1. Redmi Note 17 Price in India and Key Specifications Tipped Ahead of Launch
  2. TSMC Plans Up to 10 Percent Chip Price Hike Amid Soaring Production Costs: Report
  3. Samsung to Reportedly Showcase Smart Glasses With Snapdragon AR1 Gen 1 Chip at Galaxy Unpacked
  4. Vivo S2 India Launch Reportedly On the Horizon as Promotional Poster Leaks
  5. Samsung Galaxy Unpacked Event Today: How to Watch Galaxy Z Fold 8 Ultra, Galaxy Z Flip 8, Galaxy Watch 9 Launch Live
  6. Offline UPI Payments With NFC Support Could Launch in India Soon
  7. Samsung Galaxy S26 Ultra's Privacy Display Feature Gets a Major Upgrade in One UI 9 Beta
  8. OnePlus N6x Design, Colour Options Teased in New Marketing Material Ahead of Imminent Launch in India
  9. OnePlus 11, Nord 4, and Newer Models Tipped to Receive the Android 17-Based ColorOS 17 Update in India
  10. Redmi Note 17 Pro Max Appears on Thailand's NBTC Certification Database, Might Launch Soon
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.