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REA's house boom | Estee Lauder profit smudge | Facebook Events has a new rival - Apple

REA Group has seen its profits jump over 26% in the last 6 months and straight after this announcement, CEO has dropped the mic with some other big news.

Estee Lauder, the global cosmetics behemoth, will lay off nearly 11% of its workforce after its earnings did a full-180 in its second quarter.

Apple has just crashed Facebook’s party after releasing a new app called Invites that helps users create and send calendar events.

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