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.

Google Inc (GOOGL) Acquires Startup That Manages Advertisements In Facebook Inc (FB) Platform For Companies

Facebook Inc (NASDAQ:FB) is currently accepted by many as the leading social media company and many also accept the fact that Facebook Inc (NASDAQ:FB) generate a lot of money through online advertisements and video advertisements. Another tech giant which depends on advertisements for revenue generation is Google Inc (NASDAQ:GOOGL). Facebook Inc (NASDAQ:FB) has also announced on Tuesday that they currently have 2 million active advertisers in its platform. But Google Inc (NASDAQ:GOOGL) has reportedly acquired a startup which manages advertisements on Facebook Inc (NASDAQ:FB) platform for advertisers. A ‘Bloomberg’ article discuss about Google Inc (NASDAQ:GOOGL)’s acquisition of the startup which manages Facebook Inc (NASDAQ:FB) advertisements.

Facebook, is FB a good stock to buy, China, Google, is GOOGL a good stock to buy, censorship, culture, government policy,

In order to strengthen its marketing tool for wireless devices, Google Inc (NASDAQ:GOOGL) has accepted an acquisition deal with a mobile startup, Red Hot Labs Inc. Red Hot Labs Inc. helps many companies to manage their advertisements on Facebook Inc (NASDAQ:FB)’s platform. Red Hot Labs Inc. is a San Francisco based startup which helps boost the user numbers for software makers through Facebook Inc (NASDAQ:FB)’s platform.

Post this acquisition by Google Inc (NASDAQ:GOOGL), Red Hot Labs Inc. will merge with mobile advertisement team at Google Inc (NASDAQ:GOOGL).

“With greater resources and distribution now available at our disposal, we’re excited to join Google and continue our mission of making the lives of app developers easier,” Red Hot Labs Inc. was quoted as saying in its website.

How will this acquisition impact the Facebook Inc (NASDAQ:FB)’s advertisement revenues or will it impact Facebook Inc (NASDAQ:FB) in any way is still unknown. Google Inc (NASDAQ:GOOGL) did not disclose the terms of the deal.

Disclosure: None

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. 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!