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By Edwin Chan SAN FRANCISCO (Reuters) - Twitter Inc's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring almost 30 percent. Twitter, which has battled to reverse a steady decline in its once-heady pace of user growth, saw users increase to 271 million, still dwarfed by rival Facebook Inc's 1.3 billion. Wall Street analysts had been expecting a pace of growth closer to 21 percent. Twitter, whose rapid-fire format has always proven popular as a companion service to major global events, credited new products such as real-time scores built around the World Cup for helping galvanize growth.
WASHINGTON (AP) — Democrats and Republicans in Congress vowed urgent support Tuesday for a $225 million missile defense package for Israel, boosting the likelihood that legislation will clear Congress before lawmakers begin a monthlong vacation at week's end.
WASHINGTON (AP) — House Republicans unveiled a slimmed-down bill Tuesday to address the immigration crisis on the U.S.-Mexico border by sending in National Guard troops and speeding migrant youths back home. The election-year measure would allow Republicans to say they tried to solve the humanitarian problem in South Texas, even though it stands no chance of becoming law.