Wednesday 5 August 2015
 
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Facebook Q2 profit falls 9pc as costs soar

Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 per cent as the social media company sharply increased spending to boost mobile revenue and future growth. Expenses will grow 55 to 60 per cent in 2

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JCDecaux wins award at Small Cell World Summit

JCDecaux, a leading outdoor advertising company, has been recognised in the category of ‘Small cell technology and deployment enablers’ at the awards ceremony of the Small Cell World Summit held in London recently.  

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JCDecaux acquires Continental Outdoor Media

JCDecaux, a leading outdoor advertising company, has acquired Continental Outdoor Media, a leader in outdoor advertising in Africa, in partnership with a community owned investment company, Royal Bafokeng Holdings (RBH), with a 70-30 shareholdin

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Facebook earns 51pc of ad revenue overseas

Overseas markets bring in more advertising revenue than the US for Facebook, amounting to 51 per cent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 per cent, company executives told Reuters.

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Du’s advertising campaign wins global recognition

Du Tuesday, the award-winning advertising campaign, won the Yellow Pencil (Gold) at the D&AD awards gala ceremony held in London recently. The scope of success of the du Tuesday campaign makes du the most internationally award

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Du’s advertising campaign wins global recognition

Du Tuesday, the award-winning advertising campaign, won the Yellow Pencil (Gold) at the D&AD awards gala ceremony held in London recently. The scope of success of the du Tuesday campaign makes du the most internationally award

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Amazon launches ad platform for app developers

Amazon.com Inc launched a new advertising platform for mobile app developers to promote their apps on Android devices, Bloomberg reported. Developers can advertise their apps on Android smartphones and tablets, and also on Amazon

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Twitter cuts revenue forecast, shares slump

Twitter reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast because of weak demand for its new direct response advertising, sending shares down as much as 24 per cent on Tuesday. User

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Yahoo posts sharp decline in Q1 profits

Yahoo has posted a net income of to $21.2 million, or 2 cents per share, for the quarter ended March 31, from $311.6 million, or 29 cents per share, a year earlier. On an adjusted basis, earnings were 15 cents per share.

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Egypt targets $20 billion tourism revenue in 2020

Egypt hopes to generate $20 billion in revenue from tourism by 2020 by attracting 20 million visitors, new tourism minister Khaled Ramy said on Sunday at an international investment conference in the Red Sea resort of Sharm El-Sheikh.

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