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Google's Q2 ad revenues in UK hit $1.198bn

A Billion Dollars

Google tightened its grip on the UK advertising sector in the second quarter of 2012, with total revenues before traffic acquisition costs (TAC) of $1.198bn (£777m) in the period from April to June from its search business here.



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Facebook set to host content for news publishers

Facebook has become a major driver of traffic to news websites in recent years, but now the social network is making a play to host some of that content on its own site, and give its publishers a share of the advertising revenues.