By Katie Paul and Munsif Vengattil (Reuters) - Facebook Inc said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. Shares of the world's biggest social network dropped 7.2% in extended trading. Total costs and expenses surged 34% to $12.22 billion (9.3 billion pounds) in the fourth quarter, more than double the 14% that analysts had forecast and dragging down operating margins to 42% from 46% a year earlier.
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