This is an astonishing display of cowardice on Facebook’s part (if it is indeed true).
Of course, they're probably looking at actual click-through rates and realizing that's not worth it...
There will be no exodus from facebook. Evolution moves at its own pace, regardless of facebook or google. Only those that go in step with evolution will flourish.
As such exodus from facebook will never happen. Though young and bright - most lucrative section of advertising market might just go and do something else.
Restriction seems to always backfire as in this case, it may well play out.
just 2c
There will be no exodus from facebook.
It is likely that this ad ban was instigated by watching Facebook pageviews plummet, and by watching contagious defection spread through their userbase.
My upvotes are more a delete of false downvotes. They are not meant as a support for ur point, btw.
http://www.facebook.com/Microsoft
http://www.facebook.com/Google
http://www.facebook.com/pages/Apple-Inc/105596369475033
Etc. This is quite common for many companies to have some sort of representation on FaceBook. And they try to advertise themselves there. And people can FB-like them etc.
[1] AdWords - Wikipedia - http://en.wikipedia.org/wiki/AdWords
Facebook is taking the stance what Microsoft took a few years ago - getting in the way of it's users and making choices on behalf of them.
On the other hand by being open, Google has made a ton of money from it's competitors like Groupon which spends a big chunk advertising on Google.
I don't know if Facebook has made an official comment on this but from here on I think things might get interesting.
It seems to me that twitter are the ones supporting the open web now.
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