How much money did Facebook lose yesterday after a six hour outage?

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Facebook, Instagram and Whatsapp were all down yesterday, leaving us twiddling our thumbs and desperately refreshing our apps. The social media outage lasted almost six hours, so how much money did Facebook lose?

Facebook issued a statement confirming that the cause of the outage was a configuration change.

UKRAINE – 1021/10/05: In this photo illustration, the error icon of a white cross in a red circle is visible on a smartphone screen with a Facebook logo in the background. Facebook, Instagram and WhatsApp were down and suffered outages, apparently by the media on October 4, 2021. (Photo Illustration by Pavlo Gonchar / SOPA Images / LightRocket via Getty Images)

Why did Facebook crash?

Explaining why the social media site went down, Facebook said, “Configuration changes on the main routers that coordinate network traffic between our data centers have caused issues that have interrupted this communication.”

If you didn’t know, Instagram and Whatsapp are owned by the company as well, which means they’ve gone down as well.

How much money did Facebook lose yesterday?

The BBC reports that the outage cost Facebook more than $ 6 billion (£ 4.4 billion) as its shares fell almost 5%.

The main drop was reportedly due to ad revenue, due to the fact that social media platforms were down for almost six hours.

Photo by Drew Angerer / Getty Images

How did Mark Zuckerberg react?

Facebook CEO Mark Zuckerberg apologized on social media.

Zuckerberg wrote: “Facebook, Instagram, WhatsApp and Messenger are coming back online now. Sorry for the disruption today – I know how much you rely on our services to keep in touch with the people you care about.

Facebook now appears to be operational again.

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In other news, why were Instagram, Facebook and WhatsApp down yesterday?

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