Reuters: Money News: Facebook revenue up 53 pct; users, mobile ads climb

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Facebook revenue up 53 pct; users, mobile ads climb Jul 25th 2013, 01:06 SAN FRANCISCO (Reuters) - Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter that ignited a nearly 17 percent share rally.

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