Exclusive: Facebook doubles first-half revenue

Started by Reuters, Sep 08, 2011, 10:02 AM

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Reuters

Sep 08, 2011, 10:02 AM
SAN FRANCISCO (Reuters) - Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.

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