With its new rollout of video ads placed within users' newsfeeds, Facebook is looking to give traditional television advertising a run for its money.
Writes Joshua Brinstein of Businessweek, "Facebook users will roll their eyes and post status updates about being annoyed. But success for the video ads could genuinely threaten television companies. The markets for advertising in other types of traditional media have been decimated by the Internet...But while television ad sales dipped when the recession hit, they soon recovered and have continued to climb."
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