Mark Zuckerberg Loses USD 7 Billion in Hours After Global Outage

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New Delhi: According to Bloomberg’s Scott Carpenter, Mark Zuckerberg’s personal wealth has dropped by about $7 billion in a matter of hours, dropping him to the 5th spot on the list of billionaires. Notably, a flurry of companies pulled ads from Facebook Inc’s network after social media giant apps like WhatsApp, Instagram and Messenger suffered a major global outage yesterday. With a net worth of $ 121.6 billion, Zuckerberg has lagged behind Bill Gates. Also Read – Hello Everyone! Here’s What Twitter, Google, Zomato Said on WhatsApp, Facebook, Instagram Global Outage

Prior to this, he was ranked third in Bloomberg’s Billionaires Index. Facebook shares fell 5 percent on Monday, a 15 percent drop since mid-September, according to Bloomberg. Also Read – Facebook, WhatsApp and Instagram Down Globally; Company Issue Details | read here

Facebook, WhatsApp and Instagram suffered heavy losses Also read- Facebook, Instagram, WhatsApp down; Twitter full of hilarious memes | check here

Facebook, WhatsApp, Instagram and Messenger were shut down on Monday evening for millions of users, including in India, as they were unable to send or receive messages on the social media platform. “We know that some people are having trouble accessing our apps and products. We are working to get things back to normal as soon as possible, and we apologize for any inconvenience caused,” said Andy Stone, Facebook communications executive said in a tweet.

According to Downdetector, a website that tracks WhatsApp outages, 40 percent of users were unable to download the app, 30 percent had problems sending messages and 22 percent had problems with the web version.

In April, Facebook and Instagram shut down for a few hours to millions of users in different parts of the world. The outage was the second in less than a month for the social networking giant.

Services restored after being disrupted for more than 6 hours

After being down for more than six hours, social media platforms – WhatsApp, Facebook and Instagram – restored their services. Taking to Twitter, Facebook apologized to users and confirmed that its apps are coming back online. “To the vast community of people and businesses around the world that depend on us: We are sorry. We are working hard to restore access to our apps and services and are pleased to report that they are now Coming back online”, Facebook tweeted.

To the vast community of people and businesses around the world that depend on us: We are sorry. We are working hard to restore access to our apps and services and are pleased to report that they are now back online. Thank you for staying with us.

– Facebook Facebook) 4 October 2021

Similarly, WhatsApp said in a tweet, “We are slowly and cautiously resuming WhatsApp work.”

Apologies to those who have not been able to use WhatsApp today. We are slowly and carefully getting WhatsApp working again.

Thank you so much for your patience. We will continue to keep you updated when we have more information to share.

– WhatsApp (@WhatsApp) 4 October 2021

Meanwhile, DownDetector, a site that monitors reports of outages on the Internet, said the Facebook service outage is the largest ever.

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