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Social Media Split: Facebook, Twitter Take Different Paths

Social media powerhouses Facebook and Twitter, long considered to be on a possible collision course, showed in quick succession this week how their strategies are diverging.

Twitter, which reported better-than-expected financial results but modest user growth this week, is increasingly focused on major news events and media exposure to monetize a comparatively niche user base. Facebook, which hosted a big developer conference this week, is looking to hook its claws into every corner of the consumer tech world, tying other Internet companies into its services as it expands its reach around the globe.

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