The Traderszone Network

Published in TZ Latest News 2 July, 2014 by The TZ Newswire Staff

Facebook: Its Viral Spread Is About To Reach The Rest Of The Internet

By Jeffrey Himelson:

Facebook (FB) has yet again made a splash on the acquisition front. It was announced Wednesday afternoon that Facebook bought the video-advertising company LiveRail. The amount has not been officially disclosed, but the consensus estimate is somewhere between $400 million-$500 million. With this acquisition, Mark Zuckerberg’s bold statement of making ads people truly enjoy is seeming less like a pipe dream and more of a plausible reality.

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