Facebook Services Are Back Online But Mark Zuckerberg Loses $7 Billion

Pappi Hex

Facebook, WhatsApp, Instagram, Messenger, and all other Facebook services are slowly coming back online after a Monday massive outage that lasted for 6 hours affecting users all around the globe.

In a statement posted on Twitter, the company apologized for the issues and said that they were working hard to restore the services back.

"To the huge community of people and businesses around the world who depend on us: we're are sorry. We've been working hard to restore access to our apps and services and are happy to report they are coming back online now. Thank you for bearing with us," the Facebook tweet read.

Facebook's co-founder and CEO Mark Zuckerberg also apologized for the "disruption" in service but didn't state the cause.

The users of Facebook services weren't the only ones affected, the outage also took a 5% hit on Facebook shares shaving $7 billion of personal wealth of co-founder and CEO Mark Zuckerberg's who owns about 15% of the company's stock. 

Also Read: This New WhatsApp Scam Can Hijack And Delete Your Account

The Facebook chief whose net worth was $116.8 billion after the loss, also slipped down in the ranking of the world's richest people, losing the number 5 position to Larry Ellison who has a net worth of $117.5 billion.

As at the time of this post, WhatsApp, Facebook, Messenger, Instagram, and Oculus are working for most users. However, some might wait a little longer for the service to fully return.

According to security reporter Brian Krebs, the outage was linked to issues with Facebook's BGP (Border Gateway Protocol), which prevented the company's services from being accessed. 

Cloudflare's VP Dane Knecht also noted in a tweet that  Facebook and its services were down because all the BGP routes for Facebook's servers were "withdrawn from the Internet" and as such, making all Facebook services disappear from the Internet.

Post a Comment

* Please Don't Spam Here. All the Comments are Reviewed by Admin.
  1. Most of the people in the company were resigning because they didn't like the things Instagram did to young teens mostly the girls, it was sort of like a strike , teaching girls a false reality ... And the workers couldn't keep on doing something that will affect people in a bad way

    1. True. The former employee who turned a whistleblower said Facebook placed profits ahead of the well being of its users. Facebook’s chief technical officer Mike Schroepfer will also be stepping by the end of this month. Can't say if its related or not.

Post a Comment

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Learn More
Accept !
To Top