Facebook Sees Huge Increase In Advertiser Spending

Advertisers have begun to divert – or even throw – much more money Facebook’s way, according to one of the company’s top execs.  COO Sheryl Sandberg indicated in an interview that some large organizations have increased their spending ten- or twentyfold in the last year.

Texas Governor Coaxes Facebook To Open New Office

Although it isn’t quite a done deal, Texas Governor Rick Perry seems to have more or less ensured that Facebook will open a sales and operations office in Austin.  Perry’s offered the company $1.4 million as an incentive to establish the branch and create some jobs.