Facebook's Mike Murphy on friending brands

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By Brian Morrissey

Facebook vp, global media sales Mike Murphy has a simple pitch to brands: Ads on Facebook have a "significantly higher" engagement rate than ads elsewhere on the Internet. The Facebook advertising chief chatted about what the booming social network has learned when it comes to advertising on the site. The No. 1 thing: Its decision to limit ads and have them mimic the user experience has worked out well, considering the site recently said it passed 300 million users and is cash flow positive.

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