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Facebook Isn’t Just Good at Mobile. It’s How Mobile Works Now

IN CASE YOU fell asleep after Facebook’s IPO and are just waking up, there’s something you should know: Facebook gets mobile. It just does. The proof is in the numbers. Last week, the company dropped yet another insanely successful quarterly earnings report, except this one was even more successful than usual.

Facebook pulled in more than $6 billion in revenue. It nearly tripled its profits. It now has more than 1.7 billion monthly active users—greater than the population of China. That’s 15 percent more users than it had a year ago. And two-thirds of those users log onto Facebook every single day.

 
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Report: 60% of Users Unwilling to Vacation Without Mobile Device

Expedia and Egencia, Expedia’s business travel brand, have revealed the results of the Expedia / Egencia Mobile Index, which measured the behaviors and preferences of mobile users while traveling. The study was conducted by Northstar, and gathered data from 9,642 travelers from 19 countries. The study found travelers now consider their mobile device the ‘single most

 
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Crude oil recovers off lows but glut keeps lid on gains

Oil recovered from earlier lows on Tuesday but remained well below $50 per barrel under pressure from a market supply glut and concerns about the demand outlook. Brent crude futures LCOc1 were up 40 cents at $49.19 by 0857 ET, but gains were kept in check by Russian production hitting a post-Soviet peak and a

 
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Facebook Down 12.1%, Apple Down 10%, Google Down 6.5%, Microsoft Down 5.8% As Stock Markets Plummet

Tech companies are suffering from the current hostile stock market environment as stock markets around the world are plummeting following concerns over China. All tech companies are tanking right now, with some suffering from a stark correction. When the stock markets opened, compared to Friday’s closing price, Facebook was down 12.1 percent to $75.62, Apple

 
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By the Numbers: Amazon vs. Alibaba #Infographic

Amazon may be the biggest and busiest ecommerce company in the U.S., but China’s Alibaba delivers way more packages. According to an infographic compiled by international courier ParcelHero, while Amazon ships 3 million packages a day, Alibaba ships 12 million. Another interesting factoid: On Cyber Monday, America’s great ecommerce shopping day, Amazon processed 37 million

 
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