Technology

Facebook, WhatsApp, Instagram Down: Mark Zuckerberg Loses USD 7 Billion, Down in Billionaires List

The social media outage affected millions of people around the world, including Facebook CEO Mark Zuckerberg himself. According to reports, Mark Zuckerberg lost around USD 7 billion as Facebook, Instagram and WhatsApp were down for several hours.

Three social media applications, Facebook, WhatsApp and Instagram, were not in service for nearly six hours, resulting in one of the longest social media outages in history. Mark Zuckerberg, the owner of all three platforms, suffered a major loss due to this outage.

The CEO suffered a loss of around USD 7 billion and slipped to the 5th position in the billionaires list as three apps remained shut for hours. Now, Zuckerberg has a net worth of around $121.6 billion, and he is just below Bill Gates in the list of billionaires.

Before the global social media outage, Mark Zuckerberg was in third placethird ranked on the list of billionaires around the world, and now, he is 5 . has fallen onth Location. According to media reports, Facebook shares were down 5 per cent on Monday, a 15 per cent drop since mid-September.

Earlier today, Mark Zuckerberg addressed the global social media outage on Twitter. He said, “Apologize to all those who have not been able to use WhatsApp today. We are slowly and cautiously starting WhatsApp again. Thank you very much for your patience. When our We’ll continue to keep you updated if the pass has more information to share.”

Several stories were linked to Facebook, WhatsApp and Instagram outages, including one involving a hacker and a user data breach. Facebook then issued a statement saying the outage was the result of internal network issues in the company’s servers.

Microblogging site Twitter and messaging app Telegram caused a flurry of activity as the servers of three major social media apps went down. Twitter was buzzing with memes and theories surrounding the outage, although the exact cause was not known until services were restored.

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