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Quote of the Day

"(T)o insist that Facebook will die any day now is in some respects to suggest that humanity will cease to exist any day now; granted, it is a company and companies fail, but even if Facebook failed it would only be a matter of time before another Facebook rose to replace it."

(Ben Thompson)

Chart of the Day

Alibaba’s ($BABA) Ant Financial has become an 800-pound financial services gorilla.

(wsj.com)