- Facebook's stock fell to an all time low of $19.82 a share at one point today
- That is almost half its May initial offering price of $38
- 8.7% of its 995 million active users may not exist, social networking firm admits
- Astonishing figure revealed in company filings
- Users found to have multiple accounts, and even pages for their pets
DAILYMAIL
August 2, 2012
Facebook's share price today hit an all time low of $19.82 which values the social networking giant at almost half its May initial offering price of $38.
The company’s stock dropped 88 cents on Thursday, dropping to its new low after the company posted disappointing earnings last week.
It also directly followed the revelation today there are now more than 83 million fake users on its social network.
 |
| Are your Facebook friends real? Mark Zuckerberg's site has been found to contain over 83 million fake profiles |
The astonishing figure makes up 8.7% of all Facebook's 995 million active users.
The true scale of the problem was hidden in a company filing published this week, the first since the firm went public.
Duplicate profiles made up 4.8% of the fakes, user-misclassified accounts amounted to 2.4%, and 1.5% of users were described as 'undesirable'.
There were 83.09 million fake users in total, which Facebook classified in three groups.
The largest group were duplicate accounts, such as those set up by people to keep their activities from their partner...
(Click here to continue reading the article on DAILYMAIL)
No comments:
Post a Comment