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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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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

Plug Power tempers sales forecast to manage investor expectations

- Fuelcell maker Plug Power Inc tempered its sales forecast for 2015, saying it had decided to issue numbers "people could rely" on after receiving "a lot of criticism for under-delivering."

3:55pm EST

Citrix to cut about 900 jobs

- Cloud-computing software maker Citrix Systems Inc said it would cut about 700 full-time and 200 contractor jobs as part of a restructuring plan to improve operational efficiency.

4:26pm EST

SS&C Tech in talks to buy Advent Software for $2.3 billion: Bloomberg

- Financial software company SS&C Technologies Holdings Inc is in talks to buy accounting software maker Advent Software Inc for about $2.3 billion, Bloomberg reported, citing a person with knowledge of the matter.

Deals, 2:44pm EST

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