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to Facebook woes

Survey Adds to Facebook woes


Interesting article in Irish Times today highlighting that 80% of Facebook users have never bought a product or service as a result of advertising or comments on the social network site, according to a Reuters/Ipsos poll. A sign of concern for investors given that stock is down 29% since the IPO last month.

Meanwhile, Facebook is under pressure from US lawmakers after reports that the company is exploring ways to let children under 13 onto its social network. Watch this space!!