Facebook CEO Mark Zuckerberg arrives at a news conference where he unveiled a new messaging system in San Francisco
Since last weekend, there were rumors circulating on the Internet that Facebook is shutting down March 15 because CEO Mark ZuckerbergMark Zuckerberg said in a press conference that "he wants his old life back and need to get rid of all the madness".
According to the Facebook administration, the rumors are false and rubbish.
CNN website also published a news to end all rumors. Facebook Director of Corporate Communication Lary Yu told CNN that there is no truth and we are not shutting down the social networking website, and all such rumors are false.
Last month, Facebook received investments of $500 million from Goldman Sachs and Russian firm Digital Sky Technologies.
