NPR's business news starts with profits for Facebook.
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MONTAGNE: Facebook announced its latest quarterly results, reporting revenues just under $1.5 billion.
DAVID GREENE, HOST:
The company showed a profit of nearly $220 million for the quarter but this fell short of analysts' expectations. CEO Mark Zuckerberg blamed the missed target on higher costs. Company spending is up 60 percent this quarter over the previous one due to hiring and new developments.
Good morning. I'm Linda Wertheimer. Here's a digital fairytale. In 2007, a young woman lost her camera scuba diving off Hawaii. Last week it was found by a China Airlines employee thousands of miles away on a beach in Taiwan. China Airlines offered the owner a free ticket to come pick up the camera. The memory card still has pictures on it. And who was the good fairy in this story? It was Facebook. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.