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How safe is facebook ?

Facebook (FB) has come a long way since it was launched in 2004 by Mark Zukerberg. It is one of the most popular social networking sites around, boasting more than 500 million active users and increasing daily.

Its growth has been met with a lot of criticism on a range of issues, especially the privacy of users, child safety, data mining etc. A large number of tech blogs have emerged recently, criticizing the recent changes made to the privacy policy. Some blogs have urged people to remove or delete their FB accounts altogether.
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