Report: Video ads coming to Facebook (FB)

Facebook, the world's largest social-networking site, is planning to sell TV-style commercials, Bloomberg reports.

According to the report, the social networking giant is plans to start selling 15 second TV-style commercials to advertisers later this year.

Video ads could potentially be a financial boon for Facebook, which has 1.15 billion users worldwide. More than half of those users log into the service daily.

Facebook declined WJLA's request for comment on this story.