As Amazon parties on, some large fund managers take their leave

The average large-cap fund that holds Amazon has 1.4 percent of its assets in the stock, down 23 percent from this time last year, according to the latest available Lipper data. They include such well-known names as Fidelity Contrafund, Washington Mutual Investors Fund, Touchstone Sands Select Growth fund and the T.

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Facebook revenue growth slows, costs weigh on profit

(Reuters) – Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits. Facebook has warned of heavy investments in 2015 as it steps up efforts to expand a collection of products that include messaging service WhatsApp, photo-sharing service Instagram and virtual reality headset maker Oculus Rift

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House passes cyber-threat information bill

By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cyber security threats with each other and the government without fear of lawsuits

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