social network for the FILTHY RICH

Reminds me of the old "Dear Rich Bastard" story. Hope they tested their mailing software...

has led to a global userbase that stands at nearly 1 billion people

Shameful that the reg parrots marketing nonsense for fakebook. Probably over half of their "1 Billion people" are unused and pure nonsense accounts, dog, cats, monkeys .. ok, animals.. cars, boats, books and other inanimate objects. Clearly, they don't have accounts for "1 Billion people" . If stockholders really knew the scope of the disaster called FaceBook, they would surely bail, so the fairy tale of "1 Billion people" must be upheld at all costs. Repeat the big lie often enough and the ignorant of the world will end up believing it. I think GM did the research and said, "we're outta here". Others should do the research too. FaceBook does not even deserve to be a publicly traded company because the filing was based on utter fabrication. The truth will come out eventually and people will land in jail. Zuck behind bars.. now that's karma.

Ooh!

A "private" facebook for insiders who trade stocks for a living. What could go wrong with that?

"disaster called FaceBook"

for the people that have made a LOT of money I wouldn’t call it a disaster. Its put money beyond the wildest dreams of its founders, no matter who stole or did not steal the idea.....

For the millions of users that use it day in and day out its no disaster....

For my less computer savvy family and friends, it keeps them in contact with each other without me having to fix the email settings constantly, for me that’s no disaster....

For our seaside guest house, most of our repeat customers keep in contact through facebook and over 60% of our bookings come through facebook and ost new customers come from friends of friends.... that’s no disaster, in fact its kept us in business while others around us have closed down..

The only disaster has been the plummet in share prices when it was floated, but for facebook and its users its business as usual.