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Home » Internet » Facebook shutdown rumors snubbed, Facebook IPO next year

Facebook shutdown rumors snubbed, Facebook IPO next year

Facebook shutdown hoax; Facebook goes public next year and Goldman Sachs invests in Facebook IPO, Facebook prepares for Initial Public Offering in 2012.

Facebook shutdown rumor is a hoax. Yes, it is officially confirmed. Facebook founder Marc Zuckerberg and team addressed all Facebook shutdown rumors nonsense and false. The social media that connects more than 500 million people on the Web is on path of a rapid expansion, not in the brink of any speculated shutdown, Facebook sources indicated.

Larry Lu, Facebook Director of Corporate Communications recently announced the company’s word on the swirling Facebook shutdown rumors. Replaying a Mashable reporter’s query, Lu said the rumor was false. “The answer is no, so please help us put an end to this silliness,” Lu was covered as saying.

Facebook, the World’s No. 1 social media platform has been speculated to shut down on March 15. A satirical tabloid, World Weekly News, notorious for several similar hoax reports, covered a story on Jan. 8 that said Facebook would end on March 15.

The Weekly News referred to a manipulated press meet of Facebook fonder Zuckerberg to pronounce Facebook’s end. In the bogus press meet that Zuckerberg conducted outside the company’s Palo Alto office, he was quoted as saying he was fed up with Facebook activities.

“Facebook has gotten out of control,” the Weekly News wrote as Zuckerberg saying. “The stress of managing this company has ruined my life. I need to put an end to all the madness.”

In fact, the reality is far away. Zuckerberg has no plans to shut down Facebook. Instead, these days, he is much concentrated over issuing Initial Public Offer for his company. Most possibly, Facebook will go public next year, being another milestone in the multi-billion company’s journey ahead.

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