Thursday, June 4, 2009

Facebook see profits in new payment system - InternetNews.com

June 4, 2009

As social networking use continues to increase at a staggering rate, is Facebook on the way to decreasing its reliance on ads as it attempts to achieve profitability?

It appears that may be the case, if the social networking site can successfully employ a unified payment system for virtual goods used in games at the site, therefore putting the company in a position to get a slice of the revenue...