Monday, September 26, 2011

Facebook Fraud

There have been rumors circulating about the changes Facebook is making. The rumors that Facebook will start charging users has been so strong four to five people 'repost' the status to the wall to prevent their account from being charges.
This just goes to show how people are ignorant.
When you log in on the home page of the Facebook, the sign up form is right in front of you. It's bigger than the sign in form. It states, "It's free, and always will be."
I wish I knew what was going on with these gullible who will share without thinking. Facebook is a huge company. Their revenue for the 1st Quarter of 2011 exceeded 1.6 billion dollars. Facebook is all set, they don't need your money. If you understand how Facebook worked, you would not be worried.
Facebook makes money in advertisements. It survives on you spending time hanging around the site viewing impressions of their sponsored ads. With 800 million users, Facebook will be free forever.
Let's think about this a little further. Many, if not most, people would leave the Facebook if they were to start selling a monthly subscription. The competition is way to tight to lose market share. Google+ had way over 10 million users when it was invite only, before it was open to anybody. With all the changes Facebook is making, I have read that 80% of the users don't like the new layout. Facebook will lose a majority of users if they started to charge, and they know that. Facebook will be free forever.

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