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"Facebook To Begin Charging Users $2.99/mo Starting November 1st"

The article below: "Facebook To Begin Charging Users $2.99/mo Starting November 1st," published on fake or news satirical website www.nationalreport.net, is a hoax. The article is spreading on social networking websites like wildfire. The articles on the website 'www.nationalreport.net' are all fictional and should not be taken as facts.

Facebook To Begin Charging Users $2.99 mo Starting November 1st
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A rumor that was started in 2011, claimed that Facebook would start charging $9.99. So, Facebook responded by saying: "A rumor on the internet caught our attention. We have no plans to charge for Facebook. It's free and always will be."

The Fake News: "Facebook To Begin Charging Users"

Mark Zuckerberg - Facebook

Menlo Park, CA — At a press conference this morning, Facebook rolled out their new monthly service plan which begins November 1st of this year. The social media giant says they will start charging members $2.99/mo to use the services that the site has to offer.

“After thinking long and hard about this decision, at the end of the day, we were forced to add this monthly fee,” Facebook founder and CEO Mark Zuckerberg told reporters. “If we don’t do something about our rising costs now, Facebook could cease to exist in the near future.”

“This is excellent news for Facebook stock holders,” says Wall Street analyst Dale Sackrider. “As of August this year, Facebook had a total of 1.317 billion users. If just 75% of those members pay the new monthly service fee of $3, that will mean an annual influx of cash totaling roughly $3 billion. That’s not just an increase in profits of a few dollars, that’s a game changer right there.”

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  • October 21, 2014 at 2:35 AM by an anonymous user from: New York, United States

    For a common man,It's always better not to post,share or comment on political and other issues especially on these types of fake news.

    If Facebook in future starts charging to their users then the count of it's users will automatically reduce which would be beneficial for it's competitors.

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"Facebook To Begin Charging Users $2.99/mo Starting November 1st"