GM Pulls Ads from Facebook, Citing Low ROI

By  |  May 16, 2012
 | 

General Motors Co. will no longer advertise on Facebook, the Wall Street Journal reports, citing a lack of return on its investment in the social network. Facebook’s IPO is scheduled for the end of this week.

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    Earlier this week, MPD founder David Evans offered a skeptical yet optimistic take on Facebook’s long term prospects as a business. 

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    Read the full story from the Wall Street Journal here.

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