Facebook Plans to Reduce Political Content in the News Feed

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Facebook's business continues to fire on all cylinders even as the company faces growing scrutiny from regulators over its acquisitions and from critics for the role its platform may have played in spreading lies about the US presidential election.

The company said Wednesday that it posted a profit of $11.2 billion in the final three months of last year, an increase of more than 50% from the year prior.

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