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ExclusiveHalf of all Facebook advertising revenue now comes from mobile users

Facebook has reported its financial results for the third quarter of 2013, with revenue up 60% year-on-year to $2.02 billion and net income increasing to $425 million.

The social network’s user base is increasing; daily active users for September 2013 were 728 million people (up 25% year-on-year) and monthly active users were up 18% to 1.19 billion.

ExclusiveLast week at The Fonecast: 4th November 2013

Mark Bridge writes:

The Rockstar Consortium. That name sounds as though it could be promising more than it can deliver, doesn’t it?  Well, it’s not. It’s the group of mobile companies that picked up Nortel’s portfolio of several thousand tech patents for $4.5 billion. And now, its members – including Apple, Microsoft, BlackBerry, Ericsson and Sony – have set some of those patents on their biggest competitors.

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