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Facebook sets speed record for breaching US$250b market cap

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It seems like just yesterday that Facebook went public. Now its market value has topped US$250 billion.

New York

IT SEEMS like just yesterday that Facebook went public. Now its market value has topped US$250 billion.

The social network company's 2.4 per cent climb to a record close on Monday made it the first company in the Standard & Poor's 500 Index to breach that market cap so

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