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Social Media Industry Revenue Is Expected To Touch $14.9 Billion By 2012 [Study]

Worldwide social media is riding on bull, their revenue is increasing by an exponential rate year-on-year. Recently, social media giant Facebook has recorded $1.8 billion as revenue in first half of the year, which is expected to grow to $4.64 billion by year-end. Where as micro-blogging site Twitter has reported to expect revenue of $139.5 million by the end of this...

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