Facebook users could soon be able to catapult their posts to the top of their friends’ newsfeeds – if they are willing to pay.
A system that allows users to promote posts is currently being trialled in New Zealand, the BBC has confirmed.
Such a system would be similar to how Twitter markets Promoted Tweets, which appear in users’ timelines even if they are not following the company or organisation in question. Google and other search engines also make money by placing sponsored ads in search results.
It had been rumoured that Facebook was planning to place adverts directly into users’ newsfeeds itself in an effort to increase its share in the online advertising market. The social network already places ‘sponsored stories’ on the right hand column of certain screens.
Yesterday, Facebook announced its new social application hub App Center. These applications often include the facility for users to purchase virtual goods using Facebook’s credit system. The social network takes a 30 percent cut from these microtransactions and Zynga, developer of popular social game Farmville, generates 15 percent of Facebook’s total revenue.
So you think you’re an expert on social networks? Prove it with our quiz!
Welcome to Silicon UK: AI for Your Business Podcast. Today, we explore how AI can…
Japanese tech investment firm SoftBank promises to invest $100bn during Trump's second term to create…
Synopsys to work with start-up SiMa.ai on joint offering to help accelerate development of AI…
Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make…
Data analytics and AI start-up Databricks completes huge $10bn round from major venture capitalists as…
Congo files legal complaints against Apple in France, Belgium alleging company 'complicit' in laundering conflict…