World / Mark Zuckerberg Loses 6 Billion dollars In Hours After Facebook Outage

Zoom News : Oct 05, 2021, 07:15 AM
New Delhi | Facebook, Instagram and WhatsApp, which were stalled for a few hours, and the revelations of a whistleblower have cost the company's CEO Mark Zuckerberg $ 600 million (about 4,47,34, according to Indian currency). 83,00,000) has been damaged. Reports suggest that during this trouble of a few hours, Zuckerberg has slipped a notch in the list of the rich, one place below Microsoft founder Bill Gates.

The social media company's stock fell by 4.9 percent on Monday. Whereas, a decline of about 15 percent has been seen since mid-September. After the stock change on Monday, Zuckerberg's has come down to $12,160 million. The name of Facebook CEO has now reached below Bill Gates in Bloomberg's list. Millions of users were affected due to the Facebook products that were stalled on Monday.

On September 13, the Wall Street Journal began a series of stories based on a cache of internal documents. It was revealed that Facebook is aware of the flaws in its products. These loopholes include things like the impact on the mental health of young women and misinformation about the January 6 Capitol Hill riots. After these revelations, the government officials were also alert in this direction and on Monday the whistleblower also made his identity public.

All three platforms closed for a long time

The services of Facebook, WhatsApp and Instagram came to a global halt on Monday night, forcing thousands of users across the world, including India, to have trouble accessing these digital platforms. Instagram and messaging app WhatsApp are also owned by Facebook. This problem started around 9 pm Indian time. Users complained that they were unable to access any of the three platforms.

A Facebook spokesperson said, “We are aware that some people are having problems using our products. We are working to fix this and try to get things back to normal as soon as possible and we are sorry for this inconvenience.

A tweet shared by Instagram said, 'Instagram and friends are having a little trouble right now and you may have problems using them. Stay with us, we are striving for it.' Facebook as well as its other social media platforms have a large number of users in India. According to government data shared earlier this year, India has 53 million WhatsApp users, 410 million Facebook users and 210 million Instagram users.