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Know How Much Monday Global Outage Cost Facebook CEO Mark Zuckerberg

by OB Bureau
October 5, 2021
in World
Reading Time: 1 min read
‘Trying To Create God’, Says Mark Zuckerberg Warning AI Companies For Not Creating Multiple Tools
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Social media giant Facebook CEO Mark Zuckerberg lost nearly USD 7 billion as Facebook, Instagram, and WhatsApp remained down for over six hours on Monday.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage.

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He was earlier ranked at the third spot on Bloomberg’s Billionaires Index.

A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September, the Business Standard reported.

Meanwhile, Zuckerberg has offered a personal apology to millions of its users worldwide.

“Facebook, Instagram, WhatsApp and Messenger are coming back online now,” Zuckerberg posted on Facebook. “Sorry for the disruption today — I know how much you rely on our services to stay connected with the people you care about,” he added.

Also Read: Facebook, WhatsApp, Instagram Partly Reconnect After 6-Hour Global Outage

 

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