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September 18, 2012 11:59 pm GMT

Facebook Beta Launches New Mobile Ad Network Using Your Data Target You With Banner Ads In Other Apps

Facebook Mobile Ad NetworkFacebook today begins testing its own mobile ad network where advertisers can pay to target ads for app stores or websites at you based on your Facebook data that appear while you're on other apps and mobile sites. Facebook tells me that similar to its first off-site ad placements on Zynga.com, the goal is to show Facebook users more relevant ads wherever they go, even outside the social network's own properties.If you were looking for a big new way Facebook could make money, here it is.

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