Right now facebook is going through recession as they massive users shutting their account on popular social networking site. With the Privacy threats and overdose has led 100,000 Britons and six million users in the US to shut down their Facebook accounts, and similar pattern is expected to followed in other countries too.
Facebook has seen a dull growth rate for a second month in a row. If this continues, this will prove fatal for facebook as it is likely to file for an IPO with $100 billion evaluation.
Canada saw a fall of about 1.5 million users of the website, while in Russia and Norway numbers fell by more than 100,000 users.
Since, facebook had observed that downfall in developed countries, the company now plans to relying on developing countries to boost its numbers.
- Media Inputs
Facebook has seen a dull growth rate for a second month in a row. If this continues, this will prove fatal for facebook as it is likely to file for an IPO with $100 billion evaluation.
Canada saw a fall of about 1.5 million users of the website, while in Russia and Norway numbers fell by more than 100,000 users.
Since, facebook had observed that downfall in developed countries, the company now plans to relying on developing countries to boost its numbers.
- Media Inputs
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