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US President threatens TikTok and WeChat apps

US President Donald Trump has signed Executive Orders that would ban the companies behind the TikTok and WeChat apps from working with American businesses.
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There'll be 2 billion mobile commerce users within three years, says Juniper Research

Over 2 billion mobile phone and tablet users will make some form of mobile commerce transaction by the end of 2017, according to a new report from Juniper Research.

That’s up from an anticipated 1.6 billion people this year.

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Facebook now has more than a billion users on mobile devices every month

Facebook has announced its latest quarterly earnings figures and has also revealed details of the social network’s mobile-based users.

The number of monthly active users (MAUs) was up 15% year-on-year to 1.28 billion, with mobile MAUs up 34% to 1.01 billion.

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Facebook moves into virtual reality with $2 billion Oculus VR deal

Facebook has agreed to acquire virtual reality company Oculus VR in a deal worth approximately $2 billion (£1.2 billion).

Oculus VR has become well-known for its ‘immersive’ virtual reality technology, having received more than 75,000 development kit orders for its Oculus Rift 3D virtual reality headset.

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Facebook to acquire instant messaging app WhatsApp

Facebook has agreed to acquire cross-platform instant messaging app WhatsApp for around $16 billion (£9.6 billion).

The deal to buy the five-year-old company includes $4 billion in cash and around $12 billion in Facebook shares.

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