how company Facebook lost $6 billion dollars in one day

Zuckerberg lost $6 billion because of the biggest Facebook crash in history. What happened

October 5, 2021

Facebook not workingFILE PHOTO,GETTY IMAGES

Facebook's services - the social network of the same name, as well as the social network Instagram and messengers WhatsApp and Facebook Messenger - crashed Monday, rendering them unavailable to tens of millions of users around the world.


Downdetector service, which monitors problems in the work of major Internet resources, has received more than 10.5 million complaints about the inaccessibility of social networks.


Problems with access to sites and applications were, in particular, in Ukraine, USA, UK and EU countries.


Downdetector called the current disruption the biggest in the history of Facebook.


It lasted more than six hours, and the social networking service began to work again on Tuesday night, but the problems had only been completely fixed by morning.




"I apologize for today's outage: I know how much you rely on our services to stay in touch with your loved ones," Facebook founder Mark Zuckerberg said.


According to the company's engineers, the glitch occurred after a change in the settings of the backbone routers, which are responsible for coordinating network traffic between Facebook's data centers.


"This disruption in network traffic had a cascading effect on the way our data centers communicate, resulting in an outage of our services," Facebook said in a statement.


At the same time, they note that there is no indication that the incident resulted in a leak of users' personal data.


Facebook's failure has increased the load on other platforms, as a result of which they also worked with interruptions.


Problems were observed in users of messengers Telegram and Viber, microblogging service Twitter and video hosting YouTube, as well as platform Zoom and streaming service Netflix. In Ukraine, there were also problems with access to the television service Megogo.

Facebook does not work


According to Bloomberg, Mark Zuckerberg lost more than $6 billion of net worth during the disruption (that is, he lost about $1 billion an hour).


His fortune dropped to $121.6 billion, and as a result, the Facebook founder dropped in the ranking of the richest people in the world from third to fifth place, which was previously occupied by Bill Gates.


"This disruption was global and affected all of Facebook's many departments. Its duration is also unusual. There was reportedly 'chaos' at Facebook headquarters while technicians tried to fix the problem," writes BBC News technology correspondent James Clayton.


According to him, the failure knocked out Facebook's internal tools, further adding to the Internet giant's difficulties.


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