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Facebook tops Wall Street revenue target in fourth quarter

SAN FRANCISCO - Facebook Inc's revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales.

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iPhone sales trample expectations as profit sets global record

- Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. | Video

China, 6:45am EST

China to demand secret source codes from computer firms: NYT

- China will force companies which sell computer equipment to banks to hand over secret source code, undergo sensitive audits and set up research and development centers in the country, the New York Times reported on Thursday.

6:53pm EST

Facebook to sell real-time Super Bowl ads, taking on Twitter

- This Super Bowl Facebook is taking a page from Twitter's playbook, for the first time during a football championship selling ads that target people based on what they are talking about in real time.

China regulator blasts Alibaba for illegal business on its websites

SHANGHAI - A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private companies.

China 2:29pm EST

Advent Software options unusually active ahead of deal news

NEW YORK - Bullish activity in Advent Software Inc's options surged weeks ahead of a report on Wednesday that U.S. financial software company SS&C Technologies Holdings Inc plans to buy Advent for about $2.3 billion.

Deals 4:31pm EST

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