From the AP:
Facebook will build a new server farm on the edge of the Arctic Circle — its first outside the U.S. — that will improve performance for European users of the social networking site, officials said Thursday.
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Facebook didn't give the price of its investment, but Lulea officials have previously projected construction costs of up to 5 billion kronor ($760 million). The Swedish government said it was ready to pitch in with 103 million kronor ($16 million).