The 7 Ugly Truths About Facebook

With nearly a billion users worldwide, Facebook (FB) is one of the hottest sites on the Internet and a defining force in online media. But since going public on May 17, the ever popular social network has started to show a few kinks in its digital armor. First the stock price tanked. Then its domestic user growth slowed. And of course privacy concerns and data security remain ongoing issues for the company as it expands globally. But for all the hype surrounding Facebook, the fact remains that it is an imperfect company with its fair share of internal and external struggles, like any firm. Consider 
1. It has a problem with fake accounts
2. Bots may be gaming its advertising
3. Its revenues aren't that great
4. Its stock price won't stop falling
5. Executives are leaving
6. Its reputation is suffering
7. Insiders are selling their stock


NewsFlash: Facebook has been a hasbeen for awhile now. They went public to sell off what they all new already, that Facebook was on its way out. Just like MySpace had its limited popularity run, Facebook people were lucky to get out while they could still make money on the deal. People do not get on Facebook to support companies or to buy product, but to post pictures of their own life. That is exactly what MySpace was used for and people grew tired of it quickly and everyone is tired of Facebook and have been for awhile now, if you are in touch with what is in style on the internet.