Business

Social Media sites owned by Facebook knocked offline

Facebook, WhatsApp and Instagram have suffered outage, Monday  evening. The Social Media sites owned by Facebook were knocked offline, the Facebook Support Team has clarified. This has also been showed by the tracking sites.

“We are working to get things back to normal as quickly as possible,” Facebook, WhatsApp and Instagram have suffered outage. 

There is a somber mood in Uganda; many people have become sorrowful; you may be tempted to believe they have lost their beloved ones.

Outage tracker Downdetector was showed outages in heavily populated areas like Washington and Paris. In Uganda, the applications were able to launch but unable to perform regular tasks like sending messages, downloading pictures or updating statuses.

The outage that started at around 6:50pm was still on by press time. (11: 43pm local time

Meanwhile Zuckerberg has lost $5.9 Billion in a day as Facebook faced a rare outage after whisteblower’s testimony.

Investor confidence in Facebook weakened a bit on Monday amid continued political pressure and a rare lengthy outage of the company’s apps, sendings shares down 4.8% and zapping away billions from CEO Mark Zuckerberg’s fortune.

Zuckerberg’s fortune declined by $5.9 billion to a mere $117 billion in total. (He’s now the world’s sixth richest person.) Top lieutenent Sheryl Sandberg saw her wealth fall to $1.9 billion.

Facebook stock came under pressure from two fronts: an unusually long outage of its namesake platform, Instagram and WhatsApp, a mistake likely costing the company tens of millions of dollars in revenue. (In the latest quarter, it brought in around $330 million a day in sales.)

Facebook last suffered a blackout like this in 2019, when the network shut down for 14 hours. A decade earlier, in 2008, it went dark for a day. Monday’s outage affected internal systems at Facebook, too, making it impossible for employees to access emails, the internal messaging system known as Workplace, even reportedly some doors at company headquarters.

The other matter weighing on Facebook is Tuesday’s Congressional hearing, where a former product manager, Frances Haugen, will testify about her decision to become a whistleblower and leak internal data to the Wall Street Journal. In a 60 minutes interview last night (today in Uganda), she criticized Facebook for putting “profits over people” and failing to maintain safeguards against misinformation after the 2020 presidential election.