Monday, October 31

Is Facebook Shutting Down; Real Or Rumor?

Facebook Says It’s NOT Shutting Down On March 15 (UPDATE)

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Is Facebook closing down or not? It doesn’t seem like something they would do being so popular and making so much money but you never can tell. I found this article on Mashable Social Media and this is what they said.

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There’s a silly rumor exploding on the Internet this weekend, alleging that Facebook is shutting down because CEO Mark Zuckerberg “wants his old life back,” and desires to “put an end to all the madness.” (Good thing he’s not living in Wonderland.)

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[UPDATE] We have official confirmation from Facebook Director of Corporate Communications Larry Yu that the rumor is false. We asked him via e-mail if Facebook was shutting down on March 15, to which he responded, “The answer is no, so please help us put an end to this silliness.” He added, “We didn’t get the memo about shutting down and there’s lots to do, so we’ll just keep cranking away like always.”

Let’s think about this for a minute. Would Facebook decide to shut down the company just a few days after announcing a round of funding, consisting of $450 million from Goldman Sachs and $50 million from Russian investment firm Digital Sky Technologies, on a valuation of $50 billion?

The fact that this absurd hoax spread so efficiently makes us wonder: Will people believe anything? 

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I believe so; I have seen people believe all kinds of things in this lifetime. Some that have shocked me! In business this happens a lot.

I guess we will see what happens in the end. As far as the site that started this “rumor” if it really is spreading bad news. It wouldn’t be the only one that pulls this crap online these days.

I feel Facebook isn’t going to just shut down but in this economy I see many huge companies that have problems even though they are successful and making plenty of money. Facebook would not be the first company to go down like this in these times, but with the amount of money they’re making it would be unreal!

So what do you think about it?

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