Facebook is hosting an event for advertisers and marketers on February 29th, and according to this document leaked to GigaOM, it will show off some changes to its main ad formats. Other reports rumor that Timeline pages for brands will debut. I’ve written that Facebook needs to beef up its premium advertising inventory, and how it sells it, if it wants to keep growing fast. If that outline on premium ads is correct, Facebook still has a lot of work to do. The format shows only minor tweaks and doesn’t have any guaranteed placement I can see. Like Twitter, Facebook is relying on third parties for much of its advertising innovation. That’s probably a better approach for Twitter than for Facebook, which has no excuse for things like malfunctioning analytics.
NewNet Links for this Week
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Your Circles, now in Google Voice

Who's more serious about groups, Google or Facebook? Circles for Google Voice is a pretty practical use of groups, while Facebook seems to be more concerned about discouraging marketers from using them.
Submitted by David Card
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Washington Post tests personalized news program

The Washington Post has mostly used personalization/customizaton tech from Trove in its Facebook app. Now it's testing it on the main news site.
Submitted by David Card
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Facebook acquires talent behind brand marketer Momentus Media

A good sign that Facebook wants to offer more marketing services for brand advertisers. Meanwhile, Experian is building a tool to create high-volume targeted ad units for Facebook.
Submitted by David Card
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Yahoo rallies for better search metrics

Yahoo's head of search products indicates the portal is still doing a lot of development on search, even though its core technology is outsourced to Microsoft. But where will the payoff come from?
Submitted by David Card
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Get shoppers to share more on Facebook: Evershare

Facebook storefronts haven't figured out how to use "frictionless sharing" particularly effectively. Perhaps Sociable Labs can help store outside of Facebook do so.
Submitted by David Card