Facebook looks to sponsored stories These ads, designed to join the normal streams on members' news feeds and status updates, are already generating about $1 million per day in revenue in limited testing. [...] more importantly, about half of that revenue came through mobile devices, a crucial area of concern for jittery investors, who continued to bring the social network's stock price down nearly 12 percent to close Friday at $23.70 per share. Facebook is not and will not be a second Google, Karsten Weide, a vice president for the research firm IDC, said in a ... (more)

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