Aug 3 - the facebook regime admits millions of accounts are fake

Facebook admits millions of accounts are fake - New York News | New York Breaking News | NYC Headlines

> Aug 3 - the facebook regime admits millions of accounts are fake - Photo posted in BX Daily Bugle - news and headlines | Sign in and leave a comment below!

> Aug 3 - the facebook regime admits millions of accounts are fake - Photo posted in BX Daily Bugle - news and headlines | Sign in and leave a comment below!

Facebook's share price dipped below $20 on Thursday after reporting slowing growth and an admission of an alarming number of fake accounts.

In a quarterly filing with the Securities and Exchange Commission, the social media company said that as many as 83 million of its accounts are fake.

It also reported that as many as five percent of its active users have duplicate accounts.

Facebook members grew to 955 million this year.

It says 1.5 percent of its accounts are likely spam or accounts set up for other malicious activity. The fake accounts are concentrated in developing markets, according to the filing.

It also blames people who set up accounts for non-human entities, such as pets.

There are "inherent challenges" in measuring usage," the social network said.

"We are continually seeking to improve our ability to identify duplicate or false accounts and estimate the total number of such accounts, and such estimates may be affected by improvements or changes in our methodology," the filing continued.

The number of real users is important for Facebook as it seeks to sell advertising.

Facebook shares are down almost 50 percent from its $38 May IPO

08-03-2012, 02:54 PM

people setting up accounts for dogs and cats and ish [pic]

08-03-2012, 03:35 PM

Originally Posted by messy marv stan

It also blames people who set up accounts for non-human entities, such as pets.

[pic]

08-03-2012, 03:38 PM

Man it was a sad day when I deleted Facebook (sniff sniff)
All my old highschool sweeties coming down to join the mash out posse for a weekend. Lol
I never had anyone on my !! that didnt know though. Got requests but if I didnt know you like that I didnt except. *shrugs

08-03-2012, 03:40 PM

Originally Posted by ManWithoutFear!

Man it was a sad day when I deleted Facebook (sniff sniff)
All my old highschool sweeties coming down to join the mash out posse for a weekend. Lol
I never had anyone on my !! that didnt know though. Got requests but if I didnt know you like that I didnt except. *shrugs

Except who?

08-03-2012, 03:42 PM

isnt that fraud tho? because they make paper on how many active users there is right?

08-03-2012, 03:44 PM

Facebook is going the way of myspace......

08-03-2012, 03:47 PM

They could reign this in if they REALLY wanted to, but why do that?! oh cuz then the share would below $20.

08-03-2012, 03:50 PM

the number sounds high but 1.5% is nothing

08-03-2012, 04:04 PM

Originally Posted by WasabiTuna

Except who?

Accept

My bad lol

Sun frying me right now

08-03-2012, 04:07 PM

Is regime your favorite word? I swear you call everything a regime lol

08-03-2012, 06:28 PM

Originally Posted by persuazion

Facebook is going the way of myspace......

whats the alternative? myspace faded because everyone was flocking to facebook. i can't see the masses leaving facebook for twitter. i could see younger kids leaving, because facebook is no longer "cool" ... i don't even post !! because the first people to comment is someone in my family talking about something completely off subject from what i posted. i just read it for entertainment, some people expose their entire pathetic lives on facebook.

08-03-2012, 07:35 PM

MySpace making a comeback..

08-03-2012, 09:42 PM

same thing happened with myspace and will happen with twitter...

08-03-2012, 10:19 PM

Originally Posted by ShaneDawg

whats the alternative? myspace faded because everyone was flocking to facebook. i can't see the masses leaving facebook for twitter. i could see younger kids leaving, because facebook is no longer "cool" ... i don't even post !! because the first people to comment is someone in my family talking about something completely off subject from what i posted. i just read it for entertainment, some people expose their entire pathetic lives on facebook.

Deleted my !!, but even before, had private account. If family requested, outside of a very select few, they were blocked.

08-03-2012, 10:20 PM

Originally Posted by DEDOS

isnt that fraud tho? because they make paper on how many active users there is right?

No.... they make money through selling ads and other avenues. The amount of users facebook has just attracts the people who buy ads.

08-03-2012, 11:03 PM

the owner of facebook better cash out like myspace tom....[pic] facebook is just a place for teenages to post thier duck lip pose pictures(females) or weed smoking/ money counting/ gun holding pictures(male).... it's extremely corny...

08-04-2012, 08:18 AM

Originally Posted by ShaneDawg

whats the alternative? myspace faded because everyone was flocking to facebook. i can't see the masses leaving facebook for twitter. i could see younger kids leaving, because facebook is no longer "cool" ... i don't even post !! because the first people to comment is someone in my family talking about something completely off subject from what i posted. i just read it for entertainment, some people expose their entire pathetic lives on facebook.

Instagram >>> Facebook...

But Facebook owns Instagram so hey... [pic]

08-04-2012, 10:20 AM

Originally Posted by ChickzNKickz

Instagram >>> Facebook...

But Facebook owns Instagram so hey... [pic]

idk how you can compare instagram to facebook lol thats like saying Turkey Sandwich>>>Computer

08-04-2012, 01:05 PM

facebook lost when they bought instagram for $500 million

instagram had zero revenues and was probably losing money

mark zuckerberg should go to jail for his role in the ipo price-fixing scandal

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