The personal fortune of Facebook CEO Mark Zuckerberg fell by around $ 7 billion in a matter of hours due to the disruption of Facebook, WhatsApp and Instagram services, according to Bloomberg.
Facebook shares fell nearly 5% after the company’s global blackout, causing the company to lose $ 47 billion in market value.
Yesterday was the worst day in the history of Facebook with the encounter of two crises, the most important of which was the sudden interruption of the services of the Facebook platform. Earlier Monday, Facebook, Instagram and WhatsApp applications shut down About working all over the world. But she reconnected to the Internet Monday evening, after a break of nearly 6 hours.
The company attributed the problem to an error in changing the settings of routers that direct communication between data centers, and although the losses are difficult to count, the loss of advertising revenue only within 6 hours of the outage is. estimated at $ 60 million.
Before the service outage, Facebook faced another crisis, sparked by a former company director called Frances Haugen, when she appeared on the 60 MINUTES show, to announce the leak of thousands of documents from internal research. of Facebook, confirming that the company prioritizes profitability even at the expense of user safety, and it blocked only a very small percentage of hate content in the last US presidential election.
Haugen will appear before the Senate for a hearing on his information, so the case could have major implications for the regulation of the large-tech industry.