Facebook Shares Went Down After Private Message Rumor

The claims that the privacy of private messages sent to the other users on Facebook had been compromised were all false. The Facebook, biggest social networking website said that the confusion which arose on Monday about the privacy of private messages on Facebook that the messages were appearing on users time-lines were rumors.

The claims were started in consequence of misunderstandings by a small numbers of users from France. They said the private messages were visible to their time-lines. The fear of disclosure of private messages on time-lines made a lot of users to check back their profiles.

The social network however said, “Our engineers investigated these reports and found that the messages were older wall posts that had always been public visible.” They further added, “After investigation we found there has been no breach of user privacy.”

Unanimously the shares of the world's number one website fell down 9.1% in New York. This has been the biggest drop of shares since the July, 21^st of this year. The stock has not traded above $38 IPO price since the day after the share sale; also the stock has dropped down 45% of its public share offering since the month of May.

In the justification of claims made by users of France about the privacy of messages the company said that this confusion was because there has been a lot of a change in Facebook since 2007. The users may have post their private messages to their wall instead of private chat because of the unavailability of like and comment options and similar claims were also made last year which also proved false.