Published On: Mon, Oct 20th, 2014

Hoax: Facebook to Charge $2.99 Per Month Starting November 1

FILE: Facebook Tops Profit And Revenue Estimates

According to a National Report story, Facebook is going to charge its users 2.99 a month. The fee will be imposed starting November 1:

Menlo Park, CA — At a press conference this morning, Facebook rolled out their new monthly service plan. Beginning November 1st of this year, the social media giant will start charging members $2.99/mo to use services that users currently enjoy for free.

“We thought long and hard about this decision, but at the end of the day, we had no choice but to add this monthly fee, ” Facebook founder and CEO Mark Zuckerberg told reporters. “If we don’t do something about our rising costs now, Facebook could face an unrecoverable financial burden and become obsolete.”

“This is excellent news for Facebook stock holders, ” says Wall Street analyst Dale Sackrider. “As of August this year, Facebook had a total of 1.317 billion users. If just 75% of those members pay the new monthly service fee of $3, that will mean an annual influx of cash totaling roughly $36 billion. That’s not just an increase in profits of a few dollars, that’s a game changer right there.”

If you’re a social network addict, we should tell you, before the heart attack sets in, that the report was a hoax.

The National Report is a lampoon publication, offering scoops such as CDC Whistleblower Exposes Ebola Vaccinations Containing RFID Chips, and Obama To Auction Off All Marijuana Seized In Drug Raids Since Taking Office.

But have the NR readers heard their favorite publication is a nest of lies? Apparently not all of them. Most of them reacted with shock, some vowing never to use Facebook again.

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