Zuckerberg Loses $6 bln in six hours due to outage of Facebook, Instagram, Whatsapp

Facebook owner Mark Zuckerberg’s personal wealth has fallen by more than $6 billion in a few hours due to outages of Facebook, Instagram, Whatsapp and Messenger for almost six hours yesterday, Bloomberg says. 

 

“A selloff sent the social-media giant’s stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September,” Bloomberg says.

 

Zuckerberg announced the restoration of the social media services late yesterday and apologized for the failure. 

 

The company blamed an internal technical issue.

 

All three services are owned by Facebook and could not be accessed over the web or on smartphone apps, counting more than 10.6 million problem reports around the world.

 

The services went down at about 16:00 GMT with users beginning to gain access to the sites at around 22:00.