The creator and chief executive officer of Facebook Mark Zuckerberg, has net worth plummet by roughly $7 billion in just a few hours when the company’s key products crashed.
According to Bloomberg, Facebook’s stock dropped roughly 5% on Monday due to a selloff.
Former Facebook employee Frances Haugen, 37, claimed that the corporation is aware that its platforms are being used to propagate hate, violence, and misinformation, and that the firm is attempting to conceal this information.
She complained to the Securities and Exchange Commission that the corporation is withholding information about its flaws from investors and the general public.
In what appeared to be yet another global outage, WhatsApp, Instagram, and Facebook were all down.
According to data from Downdetector, the three social media platforms all of which are owned by Mark Zuckerberg stopped working completely shortly before 5 p.m. on Monday, causing millions of users to be concerned.
In a Twitter post, Facebook said it is aware of the issue and working to fix it.
Dandal Kura Radio social media officer Rakiya Garba Karaye said that the outage was much longer than a 2019 shutdown of Facebook-owned apps that lasted for about an hour and which WhatsApp said at that time “was caused by technical problems.
She added that many of her audiences on social media left without access to the instant updates on Dandal Kura Radio International’s social media platforms as a usual.