Facebook Report: Site Costing Aussie Businesses $4 Billion Per Year

A new report from SurfControl claims that employees obsessed with Facebook are costing Australian companies up to $4 billion annually. If this is the number SurfControl came up with for Aussies, it’s frightening to imagine what the number might be for the United States, ground zero for Facebook-mania. Of course, in the wake of last […]

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A new report from SurfControl claims that employees obsessed with Facebook are costing Australian companies up to $4 billion annually. If this is the number SurfControl came up with for Aussies, it’s frightening to imagine what the number might be for the United States, ground zero for Facebook-mania. Of course, in the wake of last week’s phantom $3 million dollar Facebook application acquisition that we debunked with a simple call to the alleged buyer, all Facebook numbers must now be run through the bubble-hype-filter.

Photo: Kieran Huggins