Wednesday 1 July 2015
 
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Facebook revenue growth slows, costs weigh

Facebook posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits. Shares of the world's largest Internet social network fell 2 per cent in after-market tradi

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Viva Bahrain launches unlimited social plan

Viva Bahrain has introduced a new Unlimited Social Postpaid plan for BD 5 ($13) that enables its customers to enjoy free access to Whatsapp, Facebook and Twitter, together with Unlimited 4G data access on Viva’s 4G network.

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Facebook acquires voice recognition firm

Facebook acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones. Facebook said it ac

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Facebook will lose 80pc users by 2017: Study

Facebook has reached the peak of its popularity and the social network could lose up to 80 per cent of its users by 2017, a study said. Academics at Princeton University used theories on the spread of disease combined with Google

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How Twitter became a money-spinning juggernaut

Around midnight on Christmas Eve of 2009, a handful of employees at Twitter received an unconventional holiday greeting from Dick Costolo, then the chief operating officer.  

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Social media playing ‘pivotal role’ in Mideast

Social media today plays a pivotal part in people’s lives across the Middle East, said a study, adding as many as 61 per cent have more than two social media accounts. Performics Mena, a leading performance marketing agency,

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Many Facebook users 'ignore privacy risks'

Nearly 13 million US Facebook users do not use or are not aware of the site's privacy controls, potentially exposing personal information beyond their network of Facebook friends, a study said. The Consumer Reports investigation on Faceboo

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Facebook picks Nasdaq for IPO

Facebook, preparing for what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden US bourse, a source familiar with the situation said. On

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Facebook picks Nasdaq for IPO

Facebook, preparing for what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden US bourse, a source familiar with the situation said. On

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Experts advice caution on Facebook IPO

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. The world's biggest social network is expected to seek a $75 billion to $100 billion valu

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