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Fake accounts and worthless mobile users raise new concerns over Facebook

Fake accounts and worthless mobile users raise new concerns over Facebook

Aug 2nd, 2012

During its first quarterly earnings report as a public company last week, Facebook (FB) revealed that it had 955 million monthly active users and 543 million monthly active mobile users. The social networking giant estimates that 8.7%, or 83.09 million, accounts are fake, however, an increase from 50 million accounts in March. Facebook revealed that duplicate accounts amounted for another 4.8%, user-misclassified accounts represented 2.4%, and 1.5% were undesirable accounts, CNET reported. More concerning still, the company revealed in its 10-Q filing that nearly 20%, or 102 million users, accessed the social network solely from their mobile devices during the month of June. Facebook has not yet found a way to monetize mobile usage, and the company's stock has declined (Source: BGR News) -
Shared by Erwin De Laat

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