Facebook Inc (NASDAQ:FB) monthly charge; nothing but a rumor

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By Erik Waters on September 29, 2014 Social Media

An article was published in the National Report, which is known for posting satirical publications, stated that Facebook Inc (NASDAQ:FB) will now charge its users for a monthly $2.99. The hoax, wasn’t really new, but sent a shudder through every Facebook Inc (NASDAQ:FB) user and triggered large debate on the internet. Infact, the investors were also alarmed and confused whether the rumor was true or not.

Facebook Inc (NASDAQ:FB) has created such an impact on its users that it has become an integral part of their personal and social setup. And the news that they may have to pay to keep using their Facebook accounts created a sensation among the millions of users around the globe.

The thought of spending $2.99 monthly just to waste your time on the internet seemed like an outrageous demand for all those who have active Facebook accounts.

This rumor is nothing new; the similar rumors have been going on since 2009. Back in 2009 a rumor surfaced that said Facebook Inc (NASDAQ:FB) will charge its users; to add fuel to the fire it was said that those who won’t pay will have their accounts deleted. But Facebook Inc (NASDAQ:FB) put an end to that rumor. Other rumors that started after that were deemed too minor by Facebook Inc (NASDAQ:FB) and the company did not even address them.

The article containing the latest rumor received million of shares and likes and includes fake quotes from the Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg. The fake quote went like this “We thought long and hard about this decision, but at the end of the day, we had no choice but to add this monthly fee”; the report also quoted “If we don’t do something about our rising costs now, Facebook could face an unrecoverable financial burden and become obsolete”. The report also had a fake interview with Facebook Inc (NASDAQ:FB)’s spokesperson.

This report triggered a few very interested responses from the Facebook Inc (NASDAQ:FB) users. There were some who talked about deactivating their accounts while some threatened to rebel against the decision. A few users also gave CEO of Facebook Inc (NASDAQ:FB) Mark Zuckerberg a piece of their mind.

National Report is known for publishing news based on fiction and almost all of them are false. This publication at times does not even uses real names and creates scenarios entwined with false circumstances and facts.

Facebook Inc (NASDAQ:FB) cannot be held responsible for every rumor that surfaces against it; however it is company’s responsibility to set the record straight and give its users the best experience possible. Users should also realize that every news that appears on the internet must not be taken seriously; Facebook Inc (NASDAQ:FB) informs its users about all sorts of updates using different “tips” that appear on every user’s news feed.

The hoax did little to affect Facebook Inc (NASDAQ:FB)’s stock value or its reputation. Despite thousands of angry comments and users the news did not create any major concerns for the social networking giant.