Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Facebook Inc (FB) Will Start Selling Locations To Advertisers, Personal Information Is Promised To Be Unaffected

The internet is out best friend and this masterpiece of engineering knows practically everything about most of us. The gatekeepers to this information, which advertisers crave, are mainly Google Inc (NASDAQ:GOOGL) and Facebook Inc (NASDAQ:FB), which decided to tease them even more with the announcement of location-based ads to be allowed on the social network, according to TheStreet.

facebook FB social media world icon computer internet

“Facebook is going to start allowing advertisers to target its users based on their locations. In a blog post the social media network announced its new local awareness ads designed to help local businesses reach more customers,” informed Brittany Umar.

Facebook Inc (NASDAQ:FB) declared that this will allows a better communication between suppliers and consumers. It mentioned that small businesses are expected to benefit enormously through this as each individual will be able to know about them easier. Facebook Inc (NASDAQ:FB) also tried to take into consideration concern related to disclosure of personal information.

“When it comes to privacy, Facebook says advertisers select locations, not individuals and users will only see ads based on their recent location if location services are enabled on their phone. The ads will roll out to US advertisers in the coming weeks,” said Brittany Umar.

With almost 40% year to date growth, Facebook Inc (NASDAQ:FB) could go much above its current $76.6 value as this more efficient way of monetization ads services is going to be rolled out. Moreover, as the citations informs, users should not be worried about personal information being at risk because no advertising company will be able to select to whom the ad goes. They will have to ease their way to reach customers through higher paychecks, which will just show up in Facebook Inc (NASDAQ:FB)’s financial reports as a cumulative amount.

Disclosure: none
Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!