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Entries in Shutting Down (1)

Sunday
Jan092011

Facebook Shutting Down Shop, Abandoning Users?

Photo Courtesy - NICHOLAS KAMM/AFP/Getty Images(NEW YORK) -- Rumors that Facebook will be shutting down on March 15 have gone viral across the web, causing users to question what will happen to their photos and other content that they have shared on the world's largest social networking site.

The flurry of online chatter that the Palo Alto, Calif.-based company would shut down its servers comes just days after it had been valued at $50 billion after a $500 million infusion of cash by investment bank Goldman-Sachs.

The story seems to have been perpetuated by supermarket tabloid the Weekly World News, which Saturday published an article headlined "Facebook Will End March 15th!"

The Weekly World News, which is known for stories on alien abductions and the infamous "bat boy," also reported that Facebook indicated that users should remove all of their personal information and content from the site by March 15. According to the article, after that all photos, notes, links, and videos would be removed.

Facebook has yet to officially respond to the article. 

Copyright 2011 ABC News Radio







ABC News Radio