Facebook Fraud

You’ve undoubtedly seen this Feb 10th, 2014 released video from the blog Veritasium.If you haven’t yet, please watch it because it basically explains to you why Ads on FB are a waste of money. Veritasium points (year 2012) are hard to deny and really provides evidence of Facebook’s revenue is based on fake likes. “That doesn’t necessary mean Advertisers can’t find success with Facebook ads, you just can’t take shortcuts. I will not deny that there is an issue with fake profiles, bots and spam accounts on Facebook. There is a problem. When you spend money on ads to get likes, you expect them all to be real people. Facebook does need to clean this up the best they can. But understand that the problem is not unique to Facebook. And it’s a problem that will never be completely eliminated." (Jon Loomer) Also watch The Problem With Facebook. I personally feel Facebook has lost control and really raises my question whether it’s becoming the inevitable sinking giant. Is Facebook for Old People now? Salon, CNNMoney and TIME report. Veritasium: An element of truth. the science video blog from atoms to astrophysics.