Facebook to Launch New Ad Platform

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Facebook next week will unveil a new advertising platform designed to improve how marketers target and measure the advertisements they buy across the Web.

Apple Sells Over 10 Million New iPhones in First Weekend

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Apple Inc. said it sold more than 10 million of its latest iPhones in its first weekend of availability amid significant supply shortages and demand for scalped iPhones in Asia.

Pentagon's Weapons Push Faces Skeptics

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The Pentagon is proposing significant changes to how it develops and buys new weapons, but some in the industry say the biggest hurdle to success could lie in the agency's own staff.

Manufacturers Back Fuel Tax Review

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Manufacturers say congested or poorly maintained highways are undermining productivity and driving up their costs, and are urging Congress to discuss options for increasing spending infrastructure.

MGM Buys 55% of Mark Burnett Ventures

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MGM acquired a 55% stake in "Survivor" producer Mark Burnett's various television and film production ventures, folding them into its United Artists banner.

FTC Considers Challenge to Food Merger

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The FTC is considering a possible antitrust suit to block the merger of Sysco and US Foods, concerned that combining the nation's two biggest food-service suppliers could threaten competition, according to people familiar with the matter.

NFL Picks Female Executive as Marketing Chief

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The NFL picked female ad executive Dawn Hudson as its new chief marketing officer as the league confronts a mounting backlash over its handling of domestic- and child-abuse incidents involving players.

Total Looks for China Funds for Russia Project

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Total said it was seeking nondollar financing for a gas project in Russia as major energy companies indicated that Western sanctions on the Kremlin are affecting expansion plans.

Markets Tremble on New China Worries

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Fresh concerns about the pace of Chinese growth drove down financial markets from U.S. stocks to cotton and copper prices.

Allergan Rejected Offer From Actavis

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Drug company Actavis recently made a bid for Allergan, but the Botox maker rejected the proposal and is closing in on its own takeover for Salix Pharmaceuticals.

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