Sunday, January 9, 2011

Facebook Shutting Down on March 2011?

The Facebook shutting down March 15 rumor has gone viral and is still going strong. The cause of it still baffles the social network users, but there is no evidence of this actually being fact.

There are a couple of things that occurred that could have sparked such a rumor. Last month, Yahoo announced that on March 15 their “Yahoo Video” will be closing down. Videos will last be accessible on March 14th.

Also, a large investment of $500 million by Goldman Sachs and a reporter who wrote his opinion on the matter could have sparked the rumor. An investment of that size means that the over $7 billion company is still going strong and will not be shutting the doors for their over 500 million users.

When it was first reported that Goldman Sachs had invested such a large sum of money, a reporter wrote a piece, strictly opinion, on how the investment would possibly end Facebook. In conjunction with “Yahoo Video” ending on March 15, perhaps the messages were crossed, hence the birth of the rumor.

Mark Zuckerberg, founder of Facebook, has not made an official statement to the press about any of the rumors, but several social network users are beginning to question what they would do without Facebook.

Read more: http://www.thirdage.com/news/facebook-shutting-down-march-15-birth-rumor_1-9-2011#ixzz1AaOvvOms

Report Courtesy of Yahoo!