09-27-2011 • slatest.slate.com
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Facebook launched its own political action committee on Monday, a move that will allow the social media giant and its employees to hand out cash to candidates in upcoming elections.
Or, as the New York Times puts it: "Facebook wants more friends. And it is willing to pay for them."
The new group, FB PAC, is the latest example of tech companies moving quickly to bolster their influence in Washington amid increasingly complex legislative debates about patents, monopoly status and concerns about the privacy of users.
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