Facebook Troubles: Low Earnings, Fake Users, & Click Fraud

Since Facebook went public three months ago, the social media giant’s stock price has nearly been cut in half. Unfortunately, investors and analysts are likely to continue to be underwhelmed by the stock as a slew of bad news continues to come out. To put this loss in perspective, Facebook has now lost nearly $50 billion, which is more than the total market valuation for Starbucks! Although Facebook recently announced that the number of users grew to 955 million in the second quarter, even this news is accompanied with negative news. Yesterday, company filings showed investors that Facebook has admitted that as many as 83 million users are “fake.” The number, which is approximately 8.7% of all Facebook accounts, includes duplicate accounts, fake accounts, pet accounts, and spam accounts. Facebook indicated the problem is most pronounced in emerging markets: “Duplicate or f...

Full article: http://www.searchenginejournal.com/facebook-bad-news-cont...

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@bluetreedigital » 09 Aug '12, 6pm
Eye Opener: Facebook Troubles: Low Earnings, Fake Users, & Click Fraud [link] #ppc via @sejournal
@Jon_KS » 08 Aug '12, 1pm
Facebook is paying the price for dodging click-fraud claims, stock woes pile up [link] via @ChanteDNewcomb
@ChanteDNewcomb » 08 Aug '12, 12pm
Like we didn't see this coming -Facebook troubles: Fake Users, & Click Fraud [link]
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Los problemas a los que Facebook tiene que enfrentarse [link]
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Facebook Troubles: Low Earnings, Fake Users, and Click Fraud (Searchenginejournal - 133 retweets) [link]
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