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05/16/2012 01:11 PM ID: 91981 Permalink   

GM Pulls Ads From Facebook

 

General Motors said it plans to pull all paid advertising from Facebook after it determined that its ads "had little impact on consumers".

According to a recent survey, most of Facebook users never click on any ads that appear on the site. Free advertising and GM´s sites will remain on the site, the automaker said.

GM spends about $40 million on its Facebook presence, but only $10 million of that is paid to the social network for advertising.

 
  Source: marketday.msnbc.msn.com  
    WebReporter: caramba Show Calling Card      
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  4 Comments
  
  SUCKERS!!!  
 
Facebook is nothing but advertisement after advertisement and anyone on facebook is a target for all , the cia and credit card companies buy your information you post on facebook to make their marketing even bigger.

facebook was a great idea that has been turned against its users
 
  by: smgordon1259   05/16/2012 06:02 PM     
  Meh  
 
Enjoy your tinfoil hat.
 
  by: DarkWave     05/16/2012 07:35 PM     
  I think its backfiring  
 
I think its backfiring, they can´t force users to watch the ads(like TV)and the advertisment style is wrong for the demographic (old men in suits just do get it, you cant talk to us you need to interact with us).
Plus who ever clicks on the ads or even pays attention to them on facebook, really it´s not worth anywhere near there IPO they are doing. although it has a business model it doesn´t work because if they put that much ads an forced you to watch they people would just stop using it altogether.
 
  by: veya_victaous     05/17/2012 12:02 AM     
  @DarkWave  
 
maybe look it up before you start talking like some asshole.

http://www.guardian.co.uk/...

The third board member of Facebook is Jim Breyer. He is a partner in the venture capital firm Accel Partners, who put $12.7m into Facebook in April 2005. On the board of such US giants as Wal-Mart and Marvel Entertainment, he is also a former chairman of the National Venture Capital Association (NVCA). Now these are the people who are really making things happen in America, because they invest in the new young talent, the Zuckerbergs and the like. Facebook´s most recent round of funding was led by a company called Greylock Venture Capital, who put in the sum of $27.5m. One of Greylock´s senior partners is called Howard Cox, another former chairman of the NVCA, who is also on the board of In-Q-Tel. What´s In-Q-Tel? Well, believe it or not (and check out their website), this is the venture-capital wing of the CIA. After 9/11, the US intelligence community became so excited by the possibilities of new technology and the innovations being made in the private sector, that in 1999 they set up their own venture capital fund, In-Q-Tel, which "identifies and partners with companies developing cutting-edge technologies to help deliver these solutions to the Central Intelligence Agency and the broader US Intelligence Community (IC) to further their missions".

The US defence department and the CIA love technology because it makes spying easier. "We need to find new ways to deter new adversaries," defence secretary Donald Rumsfeld said in 2003. "We need to make the leap into the information age, which is the critical foundation of our transformation efforts." In-Q-Tel´s first chairman was Gilman Louie, who served on the board of the NVCA with Breyer. Another key figure in the In-Q-Tel team is Anita K Jones, former director of defence research and engineering for the US department of defence, and - with Breyer - board member of BBN Technologies. When she left the US department of defence, Senator Chuck Robb paid her the following tribute: "She brought the technology and operational military communities together to design detailed plans to sustain US dominance on the battlefield into the next century."

http://www.wired.com/...

Tin foil hat? yeah right.
 
  by: smgordon1259   05/18/2012 07:29 AM     
 
 
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