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Facebook admits millions of accounts are fake (83 million)
MyFoxNY ^ | Aug 2, 2012 | Staff

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.


TOPICS: News/Current Events
KEYWORDS: facebook; fb
The number of real users is important for Facebook as it seeks to sell advertising.

Probably under 10 million (regularly active users).

1 posted on 08/02/2012 11:05:19 AM PDT by library user
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To: library user

So ILLEGALS are affecting their economy as well? smurk smurk


2 posted on 08/02/2012 11:10:42 AM PDT by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: library user

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.


3 posted on 08/02/2012 11:10:52 AM PDT by bigbob
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To: library user

My Dog has a Facebook account managed by my Daughter.

The dog has about 50 friends who are cats and dogs.


4 posted on 08/02/2012 11:11:09 AM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: library user

And you arrived at that how?


5 posted on 08/02/2012 11:11:58 AM PDT by EEGator
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To: bigbob

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.

Sweet.


6 posted on 08/02/2012 11:13:10 AM PDT by nascarnation
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To: library user

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.


7 posted on 08/02/2012 11:14:08 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: PeteB570


"My Dog has a Facebook account managed by my Daughter.
The dog has about 50 friends who are cats and dogs."




























You live!!
8 posted on 08/02/2012 11:16:44 AM PDT by library user
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To: EEGator
And you arrived at that how?

The burden of proof is not on me, Mr. Zuckerberg.

9 posted on 08/02/2012 11:18:22 AM PDT by library user
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To: nascarnation

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)


10 posted on 08/02/2012 11:18:35 AM PDT by PapaBear3625 (If I can't be persuasive, I at least hope to be fun.)
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To: library user

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.


11 posted on 08/02/2012 11:20:25 AM PDT by America_Right (Remember, Republicans have a lot more in common with Democrats than they do with Tea Partiers.)
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To: library user

Shills...


12 posted on 08/02/2012 11:21:28 AM PDT by null and void (Day 1290 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: library user

Why weren’t ‘real users’ important when they offered stock in the company?


13 posted on 08/02/2012 11:21:37 AM PDT by GeorgeWashingtonsGhost
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To: Vendome
Facebook actually has to show how many eyeballs see ads and the dormant accounts wouldn’t go into that profile.

Which is easy to figure: the number of page views from unique IP addresses per day.

14 posted on 08/02/2012 11:21:53 AM PDT by PapaBear3625 (If I can't be persuasive, I at least hope to be fun.)
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To: library user
The potential for users to register multiple accounts is inherant in FB's architecture. FB has compounded their problem by creating incentives for users to have multiple accounts (hosting cooperative games like Farmville, for instance). FB cannot restrict users from creating multiple identities without undercutting the simplicity, openness and flexibility that draws people to FB in the first place.

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.

15 posted on 08/02/2012 11:27:19 AM PDT by jboot (OPSEC. It's a killjoy, but it may save your life someday.)
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To: library user

60 million of them created by Indian outsourcing firms in order to “Like” Mitt Romney. /sarc


16 posted on 08/02/2012 11:28:56 AM PDT by Buckeye McFrog
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To: library user

Harry Reid...is that you?


17 posted on 08/02/2012 11:30:08 AM PDT by EEGator
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To: PapaBear3625
Which is easy to figure: the number of page views from unique IP addresses per day.

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.

18 posted on 08/02/2012 11:31:21 AM PDT by library user
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To: jboot

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.


19 posted on 08/02/2012 11:32:51 AM PDT by Fire_on_High (WTB new tagline, PST!)
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To: library user
At least Twitter is thoroughly vetted.
20 posted on 08/02/2012 11:35:02 AM PDT by Slings and Arrows (You can't have IngSoc without an Emmanuel Goldstein.)
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To: library user

I have a fake account. My fake personna:

Went to a real high school in a city I’ve never been to. (large so I could be anonymous).
Graduated from high school at least ten years ago. Same reason.
Graduated from a large university with a specific degree that is common for that school.
Works at a large facility for a large company that has everything from manufacturing to office jobs in the same city - A city I’ve never been to.

I’ve accepted many friend requests and then requests from “friends of these friends” though I never communicate with any of them.

The persona serves three functions.
1. I use it to confirm my privacy settings on my real account.
2. I use it to try out facebook applications that I don’t want connected to my real account (games and such).
3. The main reason: Post comments under stories at various news sites that require you to log in with facebook, twitter, disqus, etc. Anonymity.

I’m sure others do the same.


21 posted on 08/02/2012 11:37:38 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: Vendome
Real people are using FB behind fake accounts. They spend real money, too.

"Dormant" accounts creating bad traffic estimates aren't the real problem. The REAL problem is that FB can't make any money off of the petabytes of fake data that is stored on their servers. They have to pay to host it, but they can't sell it. Worse (for them), any data which do sell must be carefully screened and filtered, which costs additional time and money, and there is still no guarantee that the data is any good.

The solution to this problem is to NOT have selling your user's private information to third parties as the chief cornerstone of your business model.

22 posted on 08/02/2012 11:38:51 AM PDT by jboot (OPSEC. It's a killjoy, but it may save your life someday.)
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To: library user
>>>Probably under 10 million (regularly active users).

Uhhh. No. There are probably 10 million active users between the ages of 13-24 in the US alone. Most high school girls have a facebook page that they are on constantly...and there are about 6 million of them...

23 posted on 08/02/2012 11:39:59 AM PDT by NELSON111
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To: PapaBear3625

advertisers on facebook can pay two ways that I know of:

Pay per View - some pennies each time your advert apears on the screen of a viewer.

-or-

Pay per Click - pay each time your advert is clicked on (linked to your website.)

If I thought Obama was in pay per click mode, I would hit his adds every time I saw one.

Either way, total number of accounts doesn’t play into the formula.


24 posted on 08/02/2012 11:40:50 AM PDT by lack-of-trust
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To: Fire_on_High
There are almost as many reasons for having fake or multiple FB accounts as there are FB users. The medium practically begs people to create them.

The time to deal with this was years ago. But then again, had FB required ID verification from day one it would never have been a technology leader. Openness, flexibility and anonymity are all part of the FB "special sauce." You can't pull them out now any more easily than you can pull the wheels off a moving car, and not withut similar results.

25 posted on 08/02/2012 11:48:50 AM PDT by jboot (OPSEC. It's a killjoy, but it may save your life someday.)
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To: library user

Fake in what sense? Did the company create them to appear larger and of greater value, or are they accounts set up to deceive as to whom is posting?

I don’t facebook because of their tracking of your activity after you log out; I don’t trust them not to sell information to undesirables, like the regime for example. I’ve been trying to figure out a way to set up a “fake” account but have not a clue where to start. Once they have my IP number, they can track everything I do, I’ve heard.


26 posted on 08/02/2012 12:01:39 PM PDT by JimRed (Excise the cancer before it kills us; feed &water the Tree of Liberty! TERM LIMITS, NOW & FOREVER!)
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To: cuban leaf

I use my 3-legged dog’s account to do all that stuff.

Search for Spunky and then the latin word for “3 feet” and you’ll find him...


27 posted on 08/02/2012 12:03:50 PM PDT by L,TOWM (Write in Chuck Norris for POTUS and tell the power brokers to FOAD.)
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To: library user

FB is just a ponzi scheme.


28 posted on 08/02/2012 12:04:51 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: PapaBear3625

yep


29 posted on 08/02/2012 12:17:25 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: EEGator

That’s Dan Rather. Fake but accurate. And he stands by that.


30 posted on 08/02/2012 12:18:04 PM PDT by AlmaKing
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To: library user

I often wondered about that. In fact, I’ll bet half the FB accounts are duplicates. I’ve got two myself. One for the family/relatives group, and one for my generation of friends. Pretty easy to do, just set it up with one of those generic Hotmail email addresses. Virtually all my friends have several accounts each for exactly the same reason....isolating family from the horrors of unpredictable “friends”.


31 posted on 08/02/2012 12:25:50 PM PDT by Scooter100 ("Now that the fog has lifted, I still can't find my pipe". --- S. Holmes)
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To: library user

I’m going to have to talk to my Facebook friends Amanda Hugandkiss and Al Coholic about this.


32 posted on 08/02/2012 12:26:37 PM PDT by Our man in washington
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To: AlmaKing

My bad, thanks for the correction.


33 posted on 08/02/2012 12:32:13 PM PDT by EEGator
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To: JimRed
I don’t facebook because of their tracking of your activity

I don't facebook because I don't see the damn point!

34 posted on 08/02/2012 12:39:33 PM PDT by Age of Reason
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To: PeteB570; library user
The dog has about 50 friends who are cats and dogs.

Do they vote? I bet they sign some of those online petitions.

35 posted on 08/02/2012 12:49:48 PM PDT by UCANSEE2 (Help. How do I put something in my tagline.)
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To: Age of Reason

I don’t have a FB account. I’m a loser I suppose. I just don’t see the value in it.


36 posted on 08/02/2012 12:50:44 PM PDT by paulcissa (The first requirement of Liberalism is to stand on your head and tell the world they're upside down)
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To: cuban leaf
3. The main reason: Post comments under stories at various news sites that require you to log in with facebook, twitter, disqus, etc. Anonymity. I’m sure others do the same.

Actually, I dont. I hate social media, and I am not a Luddite by any means. I have a FB account that sees VERY little usage.

Your post has given me the idea to create a fake ID like you did, specifically because so many sites now require a FB account, and I refuse to expose myself that way. Thanks!

37 posted on 08/02/2012 12:59:46 PM PDT by Paradox (I want Obama defeated. Period.)
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To: nascarnation

My fake account was used to keep track of certain family members. No friends, photos, blah blah blah *look at me* posts...nothing. I’m actually pretty proud of my shadow persona. My siblings get a kick out of referring to my alias :)


38 posted on 08/02/2012 1:10:30 PM PDT by NoExpectations
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To: PeteB570
The dog has about 50 friends who are cats and dogs.///

I'm glad to hear your dog is not cataphobic. LOL

39 posted on 08/02/2012 1:17:00 PM PDT by Know et al (The greatest argument against democracy is a five minute conversation with a voter: Churchill)
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To: NoExpectations

Same I have done, fake account, just to keep eye on certain relatives. Absolutely, no *Look at me” picture or comments or post.


40 posted on 08/02/2012 1:22:42 PM PDT by jennychase
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To: library user

They’ve known this all along. They should be in jail for putting out false information in their IPO.


41 posted on 08/02/2012 1:33:31 PM PDT by Terry Mross
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To: Know et al

It better not be - it has two cats that live with it.

Neither of them are on Facebook - they consider it a waste of time that could be better spent taking a nap.


42 posted on 08/02/2012 1:37:29 PM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: library user
Facebook members grew to 955 million this year.

1/6th of the world is on facebook. Right.

43 posted on 08/02/2012 1:59:13 PM PDT by a fool in paradise (Eric Holder's NAACP rally against the voter ID laws required the press to bring govt issue photo ID.)
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To: GeorgeWashingtonsGhost
Why weren’t ‘real users’ important when they offered stock in the company?

Reminds me when Myspace dropped the registration age from 18 down to 13 a few months before they IPOed the stock to boost the number of users. Didn't the stock drop to half the price within a year (as liberals abandoned the NewsCorp owned company)?

44 posted on 08/02/2012 2:02:41 PM PDT by a fool in paradise (Eric Holder's NAACP rally against the voter ID laws required the press to bring govt issue photo ID.)
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To: lack-of-trust
If I thought Obama was in pay per click mode, ...

He might be. How would we know?

... I would hit his adds every time I saw one.

That's akin to sending a load of sh*t back to AARP in their Postage Paid Business Reply Envelope every time they send an offer to join. I like it!

So, I'd consider clicking his ads, just in case. But, I have add-ons to block ads in my browsers and I'm not sure I care to disable them.

45 posted on 08/02/2012 2:23:05 PM PDT by newgeezer (It is [the people's] right and duty to be at all times armed. --Thomas Jefferson)
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To: library user

Unless users live as non-opinionated Saints and especially when visiting fb, they are insane to advertise their lives on the Internet like that.


46 posted on 08/02/2012 2:48:18 PM PDT by SaraJohnson
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To: bigbob

My husband foresaw the consequences of opening one’s life to FB and forbid anyone from doing it.

One son took his warning; the other opened an account once he got into college. He was soon sorry. His dad collected some pics the kid really did not want to share with dear ole dad. The story is, mom has not seen them. :)


47 posted on 08/02/2012 2:54:47 PM PDT by SaraJohnson
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To: library user

I have a “real” FB account on which I post nothing but links to articles referenced by FR; there’s no point in posting anything else since the discourse of my “friends” is otherwise too insipid to bother with. And I have a “fake” FB account I use exclusively to access dozens of sites that allow commentary. The “fake” account uses one of my noms de guerre (war names)for such commentary. The “fake” FB account also keeps my “real” FB account from being consumed by all the FB crap injected by the commentary sites.


48 posted on 08/02/2012 7:06:43 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: PeteB570

“The dog has about 50 friends who are cats and dogs.”

Wow! I’m impressed! Your dog has more FB “friends” than I do!


49 posted on 08/02/2012 7:08:17 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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