Technology

Mark Zuckerberg loses USD 7 billion in hours after WhatsApp, Facebook and Instagram suffer global outage

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According to Bloomberg’s Scott Carpenter, Mark Zuckerberg’s personal wealth fell by nearly $7 billion in a few hours, making him the fifth-largest billionaire list. It is worth noting that a series of companies withdrew their ads from Facebook Inc.’s network after social media giant apps such as WhatsApp, Instagram, and messenger suffered a major global outage yesterday.

Zuckerberg, with a total wealth of US$121.6 billion, lags behind Bill Gates. Previously, he ranked third in the Bloomberg Billionaires Index. According to Bloomberg News, Facebook’s stock fell 5% on Monday and has fallen 15% since mid-September.

On Monday night, Facebook, WhatsApp, Instagram and Messenger of millions of users, including India, went down because they were unable to send or receive messages on social media platforms. “We know that some people have problems accessing our apps and products. We are working hard to get everything back to normal as soon as possible.

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We apologize for any inconvenience caused to you,” Facebook Communications Director Andy Stone (Andy Stone) said in a tweet. According to DownDetector, a website that tracks WhatsApp outages, 40% of users cannot download the app, 30% have problems sending messages, and 22% have problems with the online version. In April, Facebook and Instagram were down for several hours among millions of users around the world.

This is the second power outage of the social networking giant in less than a month.

News Source : India.com

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