Facebook Pulls In $1B In 2010 Ads

  • August 13, 2010
Online social-networking service Facebook Inc., which recently said it topped 500 million users, will pull in an estimated $1.28 billion in advertising spending this year, according to a report published Thursday by eMarketer, reports The Wall Street Journal. EMarketer estimated that Facebook's rival in the online social-networking market, News Corp.'s (NWSA) MySpace, will see $347 million in advertising revenue this year.

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