Facebook is in the midst of fresh controversy, this time for exposing teens to "questionable" ads according to new reports.

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Social media service Twitter has delivered a massive disappointment to investors, reporting its slowest pace of user growth during the fourth quarter and in the process. dimming hopes that the social media phenomenon can sustain its torrid pace of expansion.

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Tech giant Microsoft has made a modest investment in Foursquare, with the social network announcing a US$15 million injection.

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