Facebook Releases Quarterly Earnings Report

The company showed a profit of nearly $220 million for the quarter but it fell short of analysts' expectations. CEO Mark Zuckerberg blamed the missed target on higher costs. Company spending is up 60 percent this quarter over the previous one due to hiring and new developments.

Source: http://www.npr.org/2013/05/02/180491238/business-news?ft=1&f=1006

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