Facebook, Instagram, and Whatsapp were all down yesterday, leaving us twiddling our thumbs and desperately refreshing our apps. The social media outage lasted close to six-hours, so how much money did Facebook lose?
Facebook issued a statement confirming that the cause of the outage was a configuration change.
Why did Facebook go down?
Explaining why the social media site went down, Facebook stated: “configuration changes on the backbone routers that co-ordinate network traffic between our data centres caused issues that interrupted this communication.”
If you didn’t know, Instagram and Whatsapp are also owned by the company – meaning that they also went down.
How much money did Facebook lose yesterday?
The BBC reports that the outage has cost Facebook more than $6bn (£4.4bn), with its shares dropping nearly 5%.
The primary drop reportedly stemmed from ad revenue, due to the fact that the social media platforms were out for close to six-hours.
How did Mark Zuckerberg respond?
Facebook CEO Mark Zuckerberg took to social media to apologise.
Zuckerberg wrote: “Facebook, Instagram, WhatsApp and Messenger are coming back online now. Sorry for the disruption today — I know how much you rely on our services to stay connected with the people you care about.”
Facebook now seems to be up and running again.
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