Facebook has published its financial results for the third quarter of 2012, reporting a 32% increase in revenue to $1.262 billion (£782 million) but a quarterly loss of $59 million.

Revenue from advertising was $1.09 billion, a 36% increase from the same quarter last year.

LG Electronics has reported results for the third quarter of 2012, noting that better-than-expected performance from its mobile and home appliance businesses helped offset a slight drop in year-on-year sales figures.

Net profit for the quarter was 157 billion South Korean Won (£88.75 million); a significant improvement from last year’s loss.

EE (formerly Everything Everywhere) has published its third quarter financial results for 2012.

Service revenue was down 3% year-on-year to £1.496 billion, although the company says this would have been a 3.1% increase without the effect of changes to mobile termination rate and roaming regulations.

The Advertising Standards Authority has ruled that a TV advertisement and web page promoting a T-Mobile offer for “unlimited free texts forever” didn’t breach UK advertising regulations.

Two people who complained about the pay as you go offer didn’t believe it really would be available indefinitely.

The new iPad mini will help the market for 7-inch tablet devices to double in 2012 and 2013, according figures from research business IHS iSuppli. It says last year’s total sales figure of 17 million units will increase by around 100% in 2012 to 34 million units - and will then almost double again next year to 67 million tablets.

Tablets with a display size between 7 and 8 inches are expected to account for 28% of all this year’s tablet sales.