Socially responsible funds dump or rethink Facebook over data privacy (Reuters)

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BOSTON (Reuters) – Several socially conscious investment firms are selling or rethinking their Facebook Inc holdings, unsatisfied by the company’s moves to strengthen personal data protection and online safety after scandals involving the improper sharing of users’ information.

The retreat from the world’s largest social media network is one of the sharpest responses by investors to concerns about Facebook’s handling of user data.

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