Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Facebook Inc. (FB): ‘Anonymous’ Threatens Site Shutdown

Facebook Inc. (NASDAQ:FB) does not own Zynga Inc. (NASDAQ:ZNGA), the online game developer that reached its height of popularity in the years before Facebook Inc. (NASDAQ:FB) changed to the current “Timeline” format for user profiles and Walls. Now though, Zynga Inc. (NASDAQ:ZNGA) has taken a huge beating with other online game companies dramatically increasing competition int he space, to the point that the company is considering a large number of job layoffs and perhaps moving some operations into foreign countries.

Facebook Inc. (FB)

That move has apparently drawn the attention of the hacker group ‘Anonymous,’ as it has sent out a warning to Facebook Inc. (NASDAQ:FB) that it is prepared to shut down the social-network site this coming Monday, November 5, essentially blaming Facebook Inc. (NASDAQ:FB) for the apparent demise of Zynga Inc. (NASDAQ:ZNGA). While it seems pretty courteous and polite or ‘Anonymous’ to warn Facebook Inc. (NASDAQ:FB) and its 1 billion users to warn them, is this “attack” directed in the right place? How would a shutdown of Facebook Inc. (NASDAQ:FB) affect users and investors in the stock, like billionaire fund manager George Soros of Soros Fund Management?

In a statement from the hacker group, posted on its press-release Web site (edited for grammar), “During the last few days (A)nonymous has been targeting Zynga for the outrageous treatment of (its) employees and actions against many developers. We have come to believe that (these) actions of Zynga will result in massive layoffs of a thousand people and legal actions against everyone that speaks to the public about this plan. It will also come to end of the U.S. game market as we know it as all (these) jobs will be replaced in other more convenient financial countries. With a billion dollars cash sitting in a bank we do believe that such actions are an insult to the population, and the behaviour of corporations like Zynga must change. Anonymous could not allow this to happen so it’s starting to release confidential documents we have leaked on this plan. As we speak we are planning to release also all the games we’ve taken from their servers for free. That being said, we will stop the idea of the distribution of such games if Zynga will cease immediately.”

Whether Zynga Inc. (NASDAQ:ANGA) knows about this or will do anything about it remains to be seen, and whether this is a bluff is also up for debate. But it will be interesting to see if Facebook Inc. (NASDAQ:FB) does take this seriously and what steps it can or will take to try to head off or mitigate the effects of this attack on the use of the social-media site Monday. Of course, Hurricane Sandy already may have an effect on users and their access to the site.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!