Facebook Talks Directly To The Agencies

Update: Oct. 24th, 2:20 pm – Facebook’s Big Plan Is Being Leaked

Facebook has invitied advertising agencies and brands (Condé Nast, Nike, Apple, Sony, General Motors, Coke, CBS, Chase, and Verizon) to a discussion Mark Zuckerberg where they will unveil a new way of advertising online. At the event on November 6th, the company is expected to talk about SocialAds, which is described as “advertising and information distribution services, namely, providing advertising space via the global computer network [and] promoting the goods and services of others over the internet.” Good. Someone has to figure out how to leverage all the data social networks generate. Read more here…