Thursday, August 2, 2012

Facebook admits millions of accounts are fake - New York News | New York Breaking News | NYC Headlines

MYFOXNY.COM -

Facebook's share price dipped below $20 on Thursday after reporting slowing growth and an admission of an alarming number of fake accounts.

In a quarterly filing with the Securities and Exchange Commission, the social media company said that as many as 83 million of its accounts are fake.

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