Facebook to launch its Own Mobile Ad Network on April,30th

Facebook is holding its Developer Conference on April 30th, there is speculation that the social media network will use that opportunity to introduce its own mobile Ad network. This move would allow developers and publishers to use Facebook's data to better target ads. And Facebook gets a slice of the pie even when its users are on a non-Facebook mobile site.

Back in January, we told you that Facebook was testing its own mobile ad network, to post ads on free third party apps. With all of the information that Facebook has on you, it can serve up some tasty, relevant ads that are perfectly suited for you.

Originally, Facebook gave a wide berth to the idea of starting a mobile ad network, because it had no mobile ads to put on other sites. But when you consider that the company generated $1.24 billion in revenue from mobile ads over the final quarter of last year, it sure sounds like it can deliver and network a large number of mobile spots.

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