You read it correctly. Facebook is all set to roll out a brand new feature for promoting posts. Users can now pay to promote posts of their friends on Facebook. The promoted post will have greater coverage, as it will be pushed to the top of the newsfeed. To promote a post, click on the menu button on the top right corner of the post and click promote. Users can promote friends' posts without any permission requests. However the promoted post will only be made visible to the people, with whom the original post was shared with. This is done so that privacy concerns do not become a problem.
Ubergizmo , Facebook Lets You Pay To Promote Your Friends' Posts, Facebook Lets You Pay To Promote Your Friends' Posts
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