Palo Alto, CA –Mark Zuckerberg announced that Facebook will be shut down and end in March of 2012. Managing the site has become too stressful.
“Facebook has gotten out of control,” said Zuckerberg in a press conference outside his Palo Alto office, “and the stress of managing this company has ruined my life. I need to put an end to all the madness.”
Zuckerberg went on to explain that starting March 15th of next year, Facebook will be closing, and users will no longer be able to access their Facebook accounts. That gives users (and Facebook addicts) a year to adjust to life without Facebook.
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Many such messages were spreading on Facebook and other online platforms that Facebook is going to shut down in March 2012.
Hoax or Fact:
Facebook, the most popular social networks for professionals is claimed to be closing down in March this year. The reason stated was that the CEO, Mark Zuckerberg finds it hard to manage this popular social networking platform and he wanted to shut down and have life.
The fact however is that it is just a silly rumor that started as a result of mixture of two different news. The first one is Yahoo announcement that its service Yahoo Video will be closing down on March 15, 2011, and the second one is a CNN article in which the author states his personal view saying that the recent investment in Facebook could be the “beginning of the end” for this company. Facebook is not closing down any time soon. Even their homepage says that "It's free and always will be". Facebook denied these news calling them hoax rumors and responded to this on their Twitter account as well, saying that it is not a fact, and that they have just started. CNN confirms the same stating further reasons why Facebook cannot shut down in near future.