GM to Pull Facebook Advertising

Wednesday, 16 May 2012 | by Pat's Picks

GM says it is unhappy with the way its ads have performed on Facebook and has decided to stop advertising on the social networking site. GM, which the Wall Street Journal says is one of the largest advertisers in the U.S., couldn’t have chosen a worse time—Zuckerberg and company have spent the last few weeks trying to convince investors that its advertising business “makes it worthy of a sky-high valuation.”

SOURCE: Wall Street Journal