Twitter co-founder's advice to Facebook

WASHINGTON: Twitter co-founder has reportedly suggested business idea to social media giant Facebook to charge users a premium if they want to have an ad-free version of the site.

According to Mashable, co-founder Biz Stone has said that since the Facebook ads are not 'particularly useful or engaging', the site should rather offer a premium option that would let users pay 10 dollars a month to have the site's ad-free version.

Stone further said that for $10-a-month, people who really love Facebook and can afford to pay could see no ads along with some special features and if 10% of Facebook is signed up, it would account for one billion a month in revenue, the report added.

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