Facebook shares shoot up after strong Q4 earnings despite data breach

Re:Facebook shares shoot up after strong Q4 earnings despite... by sveme on Thursday January 31, 2019 @02:21AM (#19043088)

Have the 2.3 billion MAU been independently verified and checked for duplicates/triplicates etc? Considering the number of people in the world, the number of people older than 13 and younger than 75, the number of active internet users and the penetration in richer countries, I seriously doubt these numbers. Turns out, others are doubting it as well: https://mashable.com/article/report-claims-half-facebook-mau...

So why is everyone uncritically peddling these numbers?

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Re:Facebook shares shoot up after strong Q4 earnings despite... by dx034 on Thursday January 31, 2019 @11:02AM (#19045685)

How would you verify and check 2.3bn entries for duplicates? I don't think there's a reliable way to get to the real number of users. Names can be similar, IP addresses used by many accounts, etc. Not sure how you'd identify duplicates without a lot of false positives.

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Re:Facebook shares shoot up after strong Q4 earnings despite... by justtopost on Thursday January 31, 2019 @07:54AM (#19044353)

Because many of us profit by turning a blind eye. Most all companies fudge sub numbers for investors. It is fraud and should be treated that way.

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