  |  | | SAN FRANCISCO (Reuters) - Facebook Inc is building a data center near Des Moines, Iowa, to bolster its computing power as it rolls out new services and as the growing use of smartphones increase the pressure on its infrastructure. | |  |   |  | | NEW YORK (Reuters) - AT&T Inc posted a decline in first-quarter revenue but added more wireless subscribers than expected, driven by sales of tablet computers with cellular connections. | |  | |  |  | | (Reuters) - Netflix Inc shares shot up 24 percent on Tuesday to their highest level since September 2011, after the movie streaming service said it added more than 2 million U.S. subscribers last quarter. | |  | | | SAN FRANCISCO (Reuters) - Chipmaker Broadcom posted first-quarter profit and revenue above expectations and its revenue forecast also topped estimates, despite investors' worries about slower growth at key customer Apple . | |  | |   |  | | WASHINGTON (Reuters) - Hackers took control of the Associated Press Twitter account on Tuesday and sent a false tweet of two explosions in the White House that briefly sent U.S. financial markets reeling. | |  | | | LONDON (Reuters) - Britain's telecoms regulator is proposing to change the way it will allocate the next batch of airwaves to be made available to mobile operators facing burgeoning demand for mobile data. | |  | |   |  | | (Reuters) - Printer and copier maker Xerox Corp forecast current-quarter earnings below estimates as it accelerates efforts to transform itself into a technology services provider. | |  | | | (Reuters) - RadioShack Corp reported a much wider than expected quarterly loss on weak sales of wireless phone contracts and higher demand for less-profitable smartphones, a trend its new chief executive promised to change. | |  | | (Reuters) - Aereo, the red hot Web startup that has raised the ire of U.S. broadcasters, is planning to expand to Boston starting May 15, the company said on Tuesday. | |  | | MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's telecom giant, America Movil, said on Tuesday it has approved an additional 40 billion pesos ($3.24 billion) to strengthen the fund it uses to repurchase shares. | |  | |  |  |  | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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