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Facebook profits double in Q2
(MENAFN) Facebook reported that its quarterly profits more than doubled in the second quarter of 2014, driven by big gains in ad revenue and a surge in users, Arab News reported.
In the April-June period of 2014, Facebook's net income increased to USD791 million, a jump of 138 percent, according to the social media giant.
The second-quarter increase marked a leap from the USD333 million net income which was registered during the same period a year earlier, Facebook added.
In the April-June period of 2014, Facebook's net income increased to USD791 million, a jump of 138 percent, according to the social media giant.
The second-quarter increase marked a leap from the USD333 million net income which was registered during the same period a year earlier, Facebook added.
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