Facebook Tackles Pedophile and Cyber Bullies with Safety Plan

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08 May 2008 @ 09:02 pm ET

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MSFT	29.62	-0.16
NWS	14.13	-0.59

Microsoft owns 1.6 percent of Facebook, following a $240 million investment last year, which valued the social networking site at $15 billion. MySpace is owned by Rupert Murdoch's News Corp.

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