Facebook is shutting down on March 15

Rumor has it that Facebook will be shutting down on March 15 and this has sparked a global fear among many  Facebook users. Several sites have claimed Mark Zuckerberg stated in a press conference that
 "Facebook has gotten out of control, and the stress of managing this company has ruined my life. I need to put an end to all the madness".
and this rumor even made it to the top 10 most searched words today.

Are the rumors true?

Facebook  tweeted stating that the rumors are not true.

It stated on its twitter page -'We didn't get the memo about shutting down, so we'll keep working away. We aren't going anywhere; we're just getting started. '

Why do people think facebook will be shutting down?
  • -The estimated date that Facebook will shut down, March 15th, also happens to coincide with the day Yahoo will shut down Yahoo Video.  That may be why some Facebook fans were worried that Facebook was shutting down.
  • -The recent Goldman Sachs investment of $450 million also sparked some of the rumors that the end of Facebook was near.

Some facts about facebook:
  • -People spend over 700 billion minutes per month on Facebook
  • -Facebook has more than 500 million active users
  • -The average Facebook user has 130 friends
Stumble This Fav This With Technorati Add To Del.icio.us Digg This Add To Reddit Add To Facebook Add To Yahoo