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Facebook to keep aside $3 billion for privacy probe by US authorities

R Sinduja

News Editor
Image Credit: shortpedia

The social media giant Facebook has said that it will set aside $3 billion for investigations by US authorities into its privacy practices. But the final cost could be $5 billion. Their total sales for the 1st 3 months of the year leapt 26% to $15.08 billion. Mark Zuckerberg said they aim at building a privacy-focused vision for future social networking & working collaboratively to address imp issues around the internet.