Facebook has as termed”unequivocally false” a report that Asserts the social Media platform hosts one billion Bogus accounts, a Press report said.
According to a Daily Mail report, a former classmate of Facebook CEO Mark Zuckerberg asserted the social media giant hosts one billion bogus accounts on its stage, or 50 percent of its total users globally.
In addition, he alleged he was the creator of the first Facebook and was paid an undisclosed settlement from Facebook from 2009 over his claims.
“Facebook has been lying to the public about the scale of its problem with bogus accounts, which likely exceed 50 per cent of its own network,” Greenspan said from the report.
“Its official metrics – many of which it has ceased reporting quarterly – are self-contradictory and even farcical.”
“That is unequivocally wrong and responsible reporting signifies reporting advice, even if it’s about bogus accounts,” a Facebook spokesperson was quoted as saying into the Daily Mail.
Greenspan cited a growth in the number of copy and user-misclassified and undesirable accounts on Facebook that the company began reporting a few years back in its quarterly earnings results.
At the second quarter of 2017, Facebook reported that replicate accounts or”an account which a user maintains in addition to their main account”, comprised six percent of its international monthly active customers (MAUs).
“User-misclassified and undesirable” accounts, which are those created for spamming or to get a non-human entity such as a pet, made up one percent of worldwide MAUs in the quarter.
Graphs from Facebook’s transparency portal reveal that fake accounts it took action against included 32.6 percent of consumers in the past quarter of 2017. In the third quarter of 2018, that number rose to 33.2 percent of monthly active users.
However, Facebook’s latest reporting shows differently.
In a filing with the Securities and Exchange Commission, the business estimates that between three to four percent of balances on the site are imitation, which is a considerably lower percentage compared to Greenspan’s estimated 50 percent, the report said.