Facebook, eyeing TV dollars, rolls out new advertising products

San Francisco

FACEBOOK Inc introduced a slate of new advertising products on Sunday, most of which are aimed at luring television advertisers onto the 1.5-billion user social network.

The advertising options, most of which will also be available on Facebook-owned Instagram, are designed to take advantage of the social network's strengths on mobile devices. It has the world's most popular smartphone app and generates more than three-quarters of its US$10 billion-plus in annual ad revenue on phones.