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Facebook promises personalized music in first label deal

Facebook announced a licensing deal Thursday with Universal Music Group, its first with a major label, as the social media giant promised more personalized, interactive music features for its two billion users. The move marks a new foray into music by Facebook, which despite its global conquest has been low-key in developing music functions compared with fellow tech titans Apple, Google and Amazon. Universal — home to some of the biggest names in music from The Beatles to Elton John and Lady Gaga — billed the agreement…