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Mark Zuckerberg loses $6 billion due to major Facebook outage

 
Anonymous Coward
User ID: 80118407
United States
10/05/2021 01:47 AM
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Mark Zuckerberg loses $6 billion due to major Facebook outage
Facebook, Instagram, and WhatsApp faced a massive outage earlier today that took down all services offered by the company for over 6 hours. Although all of the company’s social networks are back online, that didn’t stop Facebook CEO Mark Zuckerberg from losing more than $6 billion in a matter of hours due to today’s outage.

As reported by Bloomberg, Facebook stocks were down nearly 5% on Monday, and 15% down compared to mid-September. As expected, these numbers also affected Zuckerberg’s worth, which ended the day at $121.6 billion. Zuckerberg has slipped to 5th place in the Bloomberg Billionaires Index, a ranking of the 500 richest people in the world. In 4th place is now Microsoft co-founder Bill Gates with $124 billion net worth.

Users began experiencing issues with Facebook’s services (which includes WhatsApp and Instagram) around 8:40 AM PT. It wasn’t long before all of the company’s social networks went completely offline around the world. Several users went to Twitter and other social networks to complain about the outage, which lasted more than 6 hours.

While the exact reasons that caused the outage remain unclear, it seems that Facebook was affected by a DNS problem that “wiped” the paths to Facebook domains. Even the company’s internal network was affected, which made the outage even longer and more complicated.

[link to 9to5mac.com (secure)]
SkymallBrookstone

User ID: 79246726
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10/05/2021 01:52 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
Closer to 7 billion on fake paper but to you and me, closer to losing a 20 in a jeans pocket that went through the wash.
TerraFirma's Esoterrorist

User ID: 80954224
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10/05/2021 02:09 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
And FB got officially 'canceled' or unfriended by the Trillionaire company club.
That's NO nothingburger to Zuckerberger!

chandler-bacon
"Keep a weather eye to the chart on high and go home another way"

–James Taylor Never Die Young
Coppercoal

User ID: 72532537
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10/05/2021 02:11 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
He probably gained twice that much in today's Crypto rally.
The big shots tried to hold it back; Fools tried to wish it away
The hopeful depend on a world without end; Whatever the hopeless may say
CK Dexter Haven

User ID: 79294233
Mexico
10/05/2021 02:33 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
It's more than just the outage.

Investors are turning against their evil practices.

Cramer: "I can't in good conscience own it"

[link to www.cnbc.com (secure)]
CK Dexter Haven

User ID: 79294233
Mexico
10/05/2021 02:34 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
Fuck Facebook

skull_fing
Chinaman

User ID: 77082211
United States
10/05/2021 02:49 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
He should be in prison for violating free-speech rights of the 2nd Amendment.
Chinaman
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User ID: 80671677
United States
10/05/2021 03:11 AM
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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
he's not listening to the cia.

zucked.
Limpan

User ID: 76068685
Sweden
10/05/2021 03:31 AM

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Re: Mark Zuckerberg loses $6 billion due to major Facebook outage
Well it can go up again ...daaaaa





GLP