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Facebook buys speech translation app; Indian growth remains strong

Facebook (FB -2.3%) has bought Mobile Technologies, developer of iOS/Android voice recognition and text translation apps (called Jibbigo) covering 25+ languages. Facebook says it will support MT's apps "for the time being," but its clear goal is to integrate the startup's underlying technology into various Facebook apps.

Google and Apple, needless to say, are making their own big investments in voice recognition and (in Google's case) machine translation.

Facebook discloses its Indian monthly active users rose another 5% in Q2 to 82M. In its Q2 earnings slides, Facebook noted 39M of the 45M MAUs it added in Q2 came from Asia or the Rest of World segment. Only 6M came from the higher-ARPU North America and Europe segments.

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