Facebook Settles Privacy Complaints, May Plan IPO

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Nov. 29 (Bloomberg) -- Facebook Inc. agreed with the Federal Trade Commission on a settlement of complaints tied to the company’s practices on protecting users’ privacy, the agency said. Separately, the company is considering raising about $10 billion in an initial public offering that would value the world’s largest social-networking site at more than $100 billion, a person with knowledge of the matter said. Jon Erlichman reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)


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