The New Year gift from FaceBook:-
From January 1st of 2015, Facebook will start to charge it’s users US$1.99 per month to continue using World’s most popular social media platform.
Facebook’s founder and CEO Mark Zuckerberg explained to press why this move is required for the company and its users: “If we don’t do something about our rising costs now, Facebook could face an unrecoverable financial burden and become obsolete.”
Mark Zuckerberg had originally planned on making Facebook a pay service by late 2014, but decided to keep the service free for the holidays, through the Christmas season
Zuckerberg also explained the other incentive, which he believes could benefit the well being of the planet.
“Half the proceeds from the monthly fee will go towards Ebola treatment and research. Obviously the planet is facing an enormous challenge when it come’s to Ebola. We want to do our part and become the leader in fighting this deadly disease before it spreads any further. Our monthly fee will greatly benefit world health.”
Stockholders will also benefit greatly from this decision according to Wall Street analyst Dan Soringer. “Facebook had a total of 1.23 billion users as of mid 2014, with projected growth potentially doubling in the next 5 years. If just 50% of those members pay the new monthly service fee of $2, that will mean an annual influx totalling billions of dollars, even if you factor in the Ebola donation angle. This will be a total game changer as far as company profitibility is concerned.”
If any current facebook user refuse to pay the new monthly Facebook fee US$1.99 will have their account terminated and their content permanently deleted after 30 days.