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Fake accounts and worthless mobile users raise new concerns over Facebook

Updated Dec 19th, 2018 8:31PM EST
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During its first quarterly earnings report as a public company last week, Facebook (FB) revealed that it had 955 million monthly active users and 543 million monthly active mobile users. The social networking giant estimates that 8.7%, or 83.09 million, accounts are fake, however, an increase from 50 million accounts in March. Facebook revealed that duplicate accounts amounted for another 4.8%, user-misclassified accounts represented 2.4%, and 1.5% were undesirable accounts, CNET reported. More concerning still, the company revealed in its 10-Q filing that nearly 20%, or 102 million users, accessed the social network solely from their mobile devices during the month of June. Facebook has not yet found a way to monetize mobile usage, and the company’s stock has declined sharply as a result.

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Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.