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Back in August I suggested that if Facebook allowed you to place your friends in specific groups (e.g. professional, social, family, etc) and assign custom privacy settings, LinkedIn would be doomed. While Facebook is going to have to work toward putting an end to LinkedIn, they have announced their intention to launch this new feature. Facebook states:
Weâ€™ll let you organize that long list of friends into groups so you can decide more specifically who sees what.