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The Facebook juggernaut is showing no signs of slowing.

The company has just released its latest quarterly results revealing a 77 per cent surge on profits.

As traditional media companies scramble to stem the losses haemorrhaging from their bottom lines Facebook is fast becoming the world's dominant provider of news and information.

Now it's also aiming to corner the market in online advertising revenues.

Featured:

Cheryl Sandberg, chief operating officer, Facebook
Mark Zuckerberg, chief executive officer, Facebook
Hilary Kramer, chief investment officer, A and G Capital
Laurel Papworth, social media analyst

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