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Yahoo reports quarterly loss as it spends more to attract eyeballs

    (Reuters) - Yahoo Inc reported a quarterly loss, hurt by higher spending to attract users to its websites to better compete with Google Inc and Facebook Inc .

    The company reported a net loss attributable to it of $21.6 million, or 2 cents per share, in the second quarter ended June 30, compared with a profit of $269.7 million, or 26 cents per share, a year earlier.

    Revenue, after deducting fees paid to partner websites, was flat at $1.04 billion.

    (Reporting by Abhirup Roy in Bengaluru; Editing by Simon Jennings)

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