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Facebook Inc

Facebook Virtual-Reality Hikes $250M Investment

Mark Zuckerberg, CEO of Facebook announces its virtual reality on a social network. The new app has a lot of features where users can enjoy the fabulous games, chat, music and etc.

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Facebook

Facebook Inc Posted a Strong Profit of More Than $1 Billion in Q4 2015

The social network giant posted a strong profit. On Wednesday, Facebook reported a $1.56 billion quarterly net income in fourth quarter of 2015.

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India's Prime Minister Narendra Modi (L) and Mark Zuckerberg

Facebook plans to set up its first Asian data center in Taiwan

Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.

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Facebook Like Button

Even machines are getting social as Facebook reveals artificial intelligence advances

Facebook Inc. announces that its artificial intelligent research team has achieved new developments including the software's ability to identify objects in digital pictures, to understand natural language, and even to learn.

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Silicon Valley

US tech companies lead the $100B market capitalization list

Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.

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Facebook

Facebook to build new data center in Fort Worth

Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall.

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Intel

Intel Capital allocates $125 million to fund firms with women and minorities in top roles

Intel Capital, the venture capital arm of the global chip maker- Intel Corp, on Tuesday announced to allocate $125 million fund to back companies with women and minorities in leadership roles. This comes after its pledge in January to spend to $300 million over the next five years to promote diversity in the company.

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Facebook logo

Facebook earns 51 percent of ad revenue overseas - executives

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.

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Pinterest

Mutual funds chase head start on hit IPOs with pre-public investing

U.S. mutual funds are placing bigger bets on privately held companies to get a head start finding the next IPO superstar, a strategy that has yielded some dramatic payoffs and flameouts.

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Facebook logo

Facebook to let nine news companies publish news to mobile feeds

Facebook Inc tied up with nine news publishers to launch "Instant Articles" that will let them publish articles directly to the social network's mobile news feeds.

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Samsung Gear VR headset

Seeing and believing: Virtual reality set to conquer living rooms

It sounded so promising. Anyone, anywhere would be able to strap on a headset in their living room and be able to experience events anywhere in the world - or outside of it - as if they were really there.

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The logo for LinkedIn Corporation

LinkedIn follows Twitter, shocks social media investors

Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast.

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Facebook

Facebook revenue growth slows, costs weigh on profit

Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.

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Wall Street

Investors look to earnings for market direction

Investors attempting to determine whether U.S. equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.

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Facebook

Facebook talks up need for virtual reality, big tech bets

Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts.

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