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Chinese portal Sina says profits tumble

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BEIJING (AP) — Chinese portal Sina Corp.'s quarterly profit tumbled 75 percent on relatively small revenue for its microblog service. Sina said Wednesday it earned $2.4 million in the three months ending Dec. 31, compared with $9.3 million a year earlier. Revenue rose 4 percent to $139.1 million. Online advertising revenue rose 7 percent to $110.7 million. Non-advertising revenues, mostly from...

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