GM pulls ads from Facebook
Joann Muller, at Forbes:
Just days before Facebook’s historic stock offering, General Motors said it plans to stop advertising on the social media site, concluding that its paid ads don’t have a big impact on consumers. […]
The news comes at an awkward time for Facebook, whose $105 billion IPO is scheduled for Friday.
“Awkward?” No. For someone, strategic. (Or, maybe, vengeant).