Business

Facebook Beats, TripAdvisors Stumbles, S&P Record

Facebook continues to grow by leaps and bounds. Monthly mobile active users surged 31 percent to 1.07 billion—that helped drive mobile ad revenue to 62 percent of better-than-expected total sales. Earnings excluding items—also better than hoped. Revenues at AT&T, however, came in lighter than the consensus. The wireless carrier signed on and held on to more customers, but a change in billing means customers paid less.

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