Facebook CEO Mark Zuckerberg loses $6 billion after 6hrs crash

0
23

Facebook CEO Mark Zuckerberg loses $6 billion after 6hrs crash

Facebook founder and CEO, Mark Zuckerberg, has lost more than $6 billion in personal wealth following the crash of Facebook, WhatsApp, and Instagram.

Bloomberg.reports that all the three social media services, which are owned by Facebook, suffered outage thot lasted for about six hours across the world on Monday.

According to the Bloomberg report, a selloff sent Facebook’s stock down 4.9%, in addition to a 15% drop two weeks ago, culminating in Zuckerberg’s net worth tumbling to $121.6 billion, pushing him down from fourth to the fifth richest person in the world.

- Advertisement -

Although Facebook gave no official reason for the disruption. the tech giant wrote on Twitter,”We’re working to get things back to normal as quickly as possible, and we apologise for any inconvenience.”

The tweet coming shortly after the crash was restored. indicated that it was aware of the outage,

Advertisement
Previous articleExperts say biotechnology can help achieve SDGs, address food insecurity
Next articleWomen constitute only 20% of space industry workers, UN says

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.