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TC Roundup: Facebook may sue lawyers over fugitive's lawsuit: NY judge

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Facebook may sue lawyers over fugitive's lawsuit: NY judge: Facebook Inc may pursue a lawsuit against law firms that represented a New York man who recently turned fugitive rather than face federal charges that he tried to defraud founder Mark Zuckerberg out of half of the company, a judge ruled on Monday. (Reuters)

Google shuts down map maker following hacks: After a series of spam attacks and other obscene edits, Google has temporarily taken its crowdsourced map editing tool Map Maker offline. The online tool has, for years, allowed those in countries without detailed maps to be able to add various details and points of interest to Google Maps, like new roads or parks, for example. (Tech Crunch)

Xiaomi's money market fund rolls out of beta, to take on Alibaba and Tencent: Like Baidu and Alibaba, Xiaomi is eyeing China's finance industry and seeing dollar signs. Today the company is officially launching a money-market fund called Huoqibao inside a new standalone app called "Xiaomi Finance." (Tech in Asia)

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Facebook vs. YouTube: Who's winning the video marketing battle?: Over the past few months, the Internet has been abuzz with chatter about Facebook overtaking YouTube as the go-to destination for video on the web. Facebook surpassed YouTube in total number of video views on desktop in the U.S. last August. It has also been ramping up its video functionality, with the recent launch of a new-and-improved Videos Tab, including Playlists, and a Featured Video module for pages, as well as the ability to embed Facebook videos across the web. But what does this mean for marketers? (Venture Beat)


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