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Facebook thrives as ads and users turbocharge sales growth

Published Thu, Jan 28, 2016 · 09:50 PM

San Francisco

FACEBOOK Inc is turning into a well-oiled ad machine.

The world's biggest social network notched another record period, with fourth-quarter sales jumping 52 per cent as the company capitalised on its reams of user information to serve up more ads. The shares rallied 12 per cent.

The company now has 1…

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