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Twitter shares fell hard Wednesday after the latest update from the one-to-many messaging platform revived doubts about its growth prospects. While revenue growth was seen as positive, the sluggish increase in users sparked fresh worries among investors. Twitter said its user base grew to 316 million worldwide, but that its core user base was up by just two million from the prior quarter.
NEW YORK (AP) — Facebook surpassed expectations on all fronts in the second quarter, growing not just profit and revenue but its already-massive user base, mobile advertising and usage of its "family" of non-Facebook apps like Instagram and WhatsApp.