Facebook tailoring ad services for businesses

Facebook’s chief operating officer was in New York this week working to bolster investor confidence with assurances that the social network was intent on making money.

Sheryl Sandberg echoed co-founder Mark Zuckerberg’s disappointment in the company’s dismal stock market debut in May and said that revenue-generating schemes being considered included charging for upscale services.

“As we increase our investment in monetization, we’re thinking about premium services for businesses,” Sandberg said in an interview aired on CNBC.

via Business feed http://www.scmp.com/business/companies/article/1052179/facebook-tailoring-ad-services-businesses