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Facebook Makes Money At Last

Social networking site hits profitability ahead of schedule

By Kevin Spak,  Newser Staff

Posted Sep 16, 2009 8:55 AM CDT

(Newser) – After mountains of hype, Facebook has joined the ranks of profitable enterprises, despite an advertising model that Ad Age describes as “nascent.” Mark Zuckerberg announced yesterday that the social site had passed the 300 million registered-user mark and become “cash-flow positive” last...   Read full story »

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