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Facebook shares hit new high, facial recognition feature under FTC scanner

Thursday, September 12, 2013 | More »

Shares of Facebook Inc rose more than 3 per cent to a new high Wednesday, valuing the world’s No. 1 social network at $106 billion, as investors focused on its recent mobile advertising advances and the potential to expand ad revenue into new areas. The stock touched $45 at 1:50 p.m. ET and br...