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Facebook Warns Of Increased Spending, Shares Fall


Ron Burgundy
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The sun rises behind the entrance sign to Facebook headquarters in Menlo Park before the company's IPO launch,By Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value. The hefty spending plans exposed the first signs of stress in the rock-solid support that investors have accorded the social networking company over the past year. ...




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