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Beat the Street, indeed: Facebook’s third-quarter-2016 financial results exceeded Wall Street’s projections across the board, and the social network now boasts 1.79 billion monthly active users as of Sept. 30. The company posted revenue of $7.01 billion in the third quarter of 2016, up 56 percent from $4.5 billion in the year-ago period and topping analysts’ consensus of $6.92 billion.
… By David Cohen on Oct. 18, 2016 - 12:30 PM Facebook has expanded the testing of its Snapchat-like Messenger Day feature to Australia, after starting out its tests in Poland. Messenger Day allows users to share photos and videos in feeds with their friends, adding filters and stickers, with those feeds disappearing after 24 hours. Several…