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Sandberg: "A few" advertisers have paused spending on Facebook

Sheryl Sandberg. Photo by Marla Aufmuth/Getty Images for Texas Conference for Women)

A handful of advertisers have paused their campaigns on Facebook, COO Sheryl Sandberg told Bloomberg in an interview Thursday.

Why it matters: Sandberg is confirming that chaos around user privacy is having an impact on Facebook's roughly $40 billion business, which is driven mostly by advertising. The impact, however, is probably very small. CEO Mark Zuckerberg told reporters Wednesday that the controversies have had no meaningful impact on the company's bottom line.