Ask the Expert: Does Facebook Make Money Off Of What Happens On My Smartphone?
Facebook seems like it is counting on the fact that you can’t tell the difference between “sponsored stories” and “sponsored” newsfeed posts, and that you won’t remember if you liked a product or company or not.
Right now, Facebook makes over $3 billion a year on advertising, but they’re always looking for ways to make more. How much do they need? Apparently, more than that. Read on for more details.