The Scoop On Dizzy Networks - Facebook Social Advertising Platform

Today I read on allfacebook that Facebook application advertising platform SocialHour was relaunching under the name Dizzynet. For those who are not familiar with Social Hour, it was one of the biggest advertising platforms in all of Facebook and some would argue they were monetizing much better then Facebook themselves. After pushing the limits with privacy issues Facebook asked Social Hour to shut down or face legal consequences. We have done business with the operators of Social Hour so hearing news that they were relaunching was pretty puzzling. I was able to contacted the Founder of Dizzynet, Jeremy Olsson, previously from Rock You, and he said they were licensing the ad serving technology. So not sure where allfacebook got their information but Social Hour is not relaunching as Dizzy Networks.