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Twitter Claims Its Audience Is Comparable To Facebook’s–And It Might Have A Point

Twitter CFO Anthony Noto said that, factoring in logged-out users and embedded tweets, Twitter’s reach is comparable to Facebook’s.

With nearly 1.5 billion users, Facebook’s audience appears to be about five times the size of Twitter’s, which was last reported as 304 million active users during the company’s Q2 earnings call earlier this year. But Twitter CFO Anthony Noto doesn’t think it’s quite that simple.

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Apple Discussing Self-Driving Cars With California’s DMV

Apple’s autonomous vehicle program may be further along than we thought.

Apple’s self-driving car program is getting very real. So real, in fact, that the California Department of Motor Vehicles (DMV) is now holding meetings with Apple about them. According to documents obtained by The Guardian‘s Mark Harris, Apple’s legal counsel held an hour-long meeting with DMV representatives last month.

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Report: Instagram Is On Track To Becoming A $5 Billion Product

Talk about a sound investment: Video advertising on Instagram could earn Facebook a lot of money.

Facebook’s $1 billion acquisition of Instagram sure seems to be paying off: A new report indicates that Instagram is well on its way to becoming a $1.8 billion to $3.7 billion a year business over the next few years, and that the photo-sharing app is already worth more than a billion dollars. MoffettNathanson, the research firm that compiled the report, also sees Instagram becoming a huge advertising cash cow for parent company Facebook.

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Cuba Could Be The Next Market For American Telecom Firms

The Obama administration’s modified sanctions against Cuba could see telecom providers improving Internet connectivity in the country.

The U.S. could stand to make considerable money from its newfound detente with Cuba, it seems. The Obama administration is loosening its sanctions on Cuba, which means American telecom and Internet providers will now be able to make inroads into the country. According to the Washington Post, this could lead to two important changes. First, giant American telecommunications firms like Verizon, Comcast, and AT&T can enter into agreements with Cuban partners to offer better mobile and broadband service. Second, American companies can now outsource work to Cuban software developers.

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Dollar Tree clears out some Family Dollar stock

Consumers have begun to see an early benefit from Dollar Tree Inc.’s recent takeover of Family Dollar stores: Half-price discounts on items to be discontinued at Family Dollar.
The sales, labeled “red-tag clearance events,” began earlier this week at all Family Dollar stores, Randy Guiler, a spokesman for Dollar Tree, said Thursday.

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