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That's why their philosophy is 'Move fast and break stuff'. The alternative might be a slow moving bureaucracy that never iterates new features.

"Move fast and break stuff" is a philosophy that is simply not compatible with "Your privacy is very important to us" (http://www.facebook.com/legal/terms) and "We take safety issues very seriously, especially with children" (http://www.facebook.com/about/privacy/minors).