Rumor Has It Facebook's Unveiling a Mobile Ad Network

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Mobile is an A-number one priority for Facebook—and for good reason. According to Facebook's latest earnings report, the uptick in mobile advertising helped drive revenue to $885 million and mobile advertising accounts for more than half of its ad sales. Considering Facebook recently passed the one billion monthly mobile user mark, the rumor of a Facebook mobile ad network makes sense. (No official word from Facebook yet, but the announcement is reportedly set to go down at the company's f8 Developers Conference on April 30.)

So, what would it mean? Right now, Facebook's explosive growth is only happening on its own mobile app. But with a network, targeted Facebook ads would be available on lots of different apps. And more exposure means more revenue, plain and simple.

Twitter has one and now Facebook's getting in on the action. For the moment, it's all just speculation, but Twitter (sorry Facebook), was certainly abuzz:

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