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Facebook crash causes multimillion-dollar loss to Mark Zuckerberg

Facebook crash causes multimillion-dollar loss to Mark Zuckerberg

The fall of Facebook, which also affected Messenger, Instagram, Oculus and WhatsApp, not only left millions of users incommunicado around the world. It also meant a millionaire loss for Mark Zuckerberg , CEO of the company, according to Bloomberg.

Specifically, Facebook shares fell by almost 5% compared to the opening price after the global fall in services. The accumulated fall compared to mid-September is 15%.

This inevitably affected the wealth of the Facebook CEO himself, who suffered a drop in value to $ 121.6 billion . Losing, therefore, 6 billion dollars since the disruption of Facebook, WhatsApp and Instagram and ranking from number four to fifth place in the ranking of the richest people in the world, according to the Bloomberg Billionaires Index.

The Facebook crash on October 4 lasted approximately 6 hours . Although the different platforms managed by Mark Zuckerberg's company often show failures or errors in the servers that cause occasional crashes, it is the first time that a set of services has been inactive for so long.

What we know about the downfall of Facebook

Photo by Thought Catalog on Unsplash The interruption affected absolutely all the services of Facebook, WhatsApp and Instagram , preventing the sending of messages, access to the profile, publications, etc. Furthermore, some users could not access third-party platforms where they were previously registered through a Facebook account.

Everything indicates that the failure was due to a problem in the domain name system (DNS for its acronym in English) and BGP. This also caused drops in the internal tools that the company uses to communicate, which further delayed troubleshooting problems.

At 11:35 p.m. (Spain) the service began to slowly reestablish itself and Facebook did not take long to publish a statement about what happened, although without revealing the causes. In the note, the company said the following. “We want to make it clear at this time that we believe the root cause of this outage was a faulty configuration change. We also have no evidence that user data was compromised as a result of this downtime.”

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