Facebook rumored to be shutting down

January 9, 2011 3:54:38 PM PST
Palo Alto-based Facebook is battling a growing rumor on the internet that the site is shutting down for good on March 15.

The hoax appears to have originated on the website of the supermarket tabloid "Weekly World News." Facebook says it is entirely false, but it has been gaining traction on Twitter and other social networks, and has become one of the top searches on Google.

Some Facebook users have even started a petition to stop the supposed shutdown.