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This is an archive article published on April 23, 2010

Credits won’t pay off soon: Facebook

Facebook Inc chief executive officer Mark Zuckerberg said he isn’t counting on making money from the company’s Facebook Credits online currency any time soon,even as he pumps resources into the project.

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Facebook Inc chief executive officer Mark Zuckerberg said he isn’t counting on making money from the company’s Facebook Credits online currency any time soon,even as he pumps resources into the project. “We’re investing a lot in Credits,but we don’t expect to make a lot of money off of it for a long time,” he said on Wednesday during the company’s annual developers conference in San Francisco.

Facebook Credits creates a virtual currency for the company’s site. The credits can be used to pay for virtual items,such as weapons in video games.

 

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