NetBlocks, which tracks internet outages and their impact, estimate the outage cost the global economy $160m (£117 million), and sent the Facebook share price down by more than five per cent - meaning that the firm's founder Mark Zuckerberg lost around $7billion of his fortune in a matter of hours. Facebook, Instagram, WhatsApp and Facebook Messenger went down for users around the world for more than five hours on Monday in a catastrophic outage that is understood to have been caused by a server update gone wrong.Īccording to DownDetector, the issues started at around 16:44 BST (11:44 ET), with nearly 80,000 reports for WhatsApp and more than 50,000 for Facebook.
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