Facebook Tumbles After Warning Of Higher Costs To Come

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Facebook registered its biggest-ever quarterly profit on Tuesday, but it slightly missed expectations for the first time in two years as the effect of expensive acquisitions is beginning to take a toll on results. The social network’s revenue rose 59% to $3.2 billion in the third quarter as it continues to make gains in mobile advertising at the expense of larger rival Google. http://on.wsj.com/1u5hEnT http://bit.ly/1fJ5yqZ



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