Skip to comments.Facebook admits millions of accounts are fake (83 million)
Posted on 08/02/2012 11:05:08 AM PDT by library user
Facebook's share price dipped below $20 on Thursday after reporting slowing growth and an admission of an alarming number of fake accounts.
In a quarterly filing with the Securities and Exchange Commission, the social media company said that as many as 83 million of its accounts are fake.
It also reported that as many as five percent of its active users have duplicate accounts.
Facebook members grew to 955 million this year.
It says 1.5 percent of its accounts are likely spam or accounts set up for other malicious activity. The fake accounts are concentrated in developing markets, according to the filing.
It also blames people who set up accounts for non-human entities, such as pets.
There are "inherent challenges" in measuring usage," the social network said.
"We are continually seeking to improve our ability to identify duplicate or false accounts and estimate the total number of such accounts, and such estimates may be affected by improvements or changes in our methodology," the filing continued.
The number of real users is important for Facebook as it seeks to sell advertising.
Probably under 10 million (regularly active users).
So ILLEGALS are affecting their economy as well? smurk smurk
If I’d been thinking, mine would have been fake too. I put in a minimal amount of factual data but even so, the FB snoopiness is disturbing. I just use it to access a few conservative pages so no big deal to just pull the plug, but what’s out there is out there forever.
My Dog has a Facebook account managed by my Daughter.
The dog has about 50 friends who are cats and dogs.
And you arrived at that how?
Agree I’ve got a FB account with a fake name and throwaway email address.
That’s where I get my daily talking points from Cain and Palin.
Total number of accounts aren’t really indicative of anything more than unused profiles, at the minimum.
Facebook actually has to show how many eyeballs see ads and the dormant accounts wouldn’t go into that profile.
The burden of proof is not on me, Mr. Zuckerberg.
Even with a fake name, you can be uniquely identified by the set of your friends, if somebody wants to look for you. Yet another reason to have multiple FB accounts (or none, like me)
My FB account is totally fake. I only used it a couple of times to get into some deals on the internet that required a Facebook account. Otherwise, I have never used it.
Why weren’t ‘real users’ important when they offered stock in the company?
Which is easy to figure: the number of page views from unique IP addresses per day.
IMHO, they should consider it a feature, not a bug. The alternative is going to be a much more limited FB architecture and a huge exodus of users and content providers.
60 million of them created by Indian outsourcing firms in order to “Like” Mitt Romney. /sarc
Harry Reid...is that you?
I'm not dogging on Drudge, cuz I like the guy, but I think the reason he gets so many hits is cuz if you leave his page up on your PC all day, everytime he updates his site (which is dozens, if not hundreds, of times per day) the page auto-refreshes on your screen, which produces copious additional hits per user.
If I go to Drudge at 6am and leave my PC alone, not clicking on anything all day, I bet he gets 50-100 hits, just from my computer alone.
Several of my friends had multiple accounts for exactly that reason. Not so much CHEATING at Farmville, but one account for games, one account for everything else, to keep down some of the spam to their personal feed.
There’s a Catbook app (with variants for basically every beastie I’ve ever seen kept as a pet, including rodents and ferrets) for those doing “pet pages” tho. Much easier than a separate signin.