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Cyber Monday sales top $1 billion for first time

NEW YORK -- Americans jumped on deals and promotions offered online on Cyber Monday, spending $1 billion and making it the busiest online shopping day ever, according to new data. Research firm comScore Inc. says revenue rose 16 percent from a year ago to $1.03 billion on the Monday after Thanksgiving, the first one-day spending total above $1 billion ever. Still, analysts cautioned that better results in stores and online during the busy Thanksgiving weekend don't necessarily mean the whole holiday period will be strong.

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