https://sputnikglobe.com/20211004/experts-estimate-losses-from-facebook-instagram-whatsapp-outages-at-160mln-1089666422.html
Experts Estimate Losses From Facebook, Instagram, WhatsApp Outages at $160Mln
Experts Estimate Losses From Facebook, Instagram, WhatsApp Outages at $160Mln
Sputnik International
MOSCOW (Sputnik) - The losses from the mass outages of Facebook, Instagram and WhatsApp are estimated at $160 million, experts from the Internet monitoring and... 04.10.2021, Sputnik International
2021-10-04T23:06+0000
2021-10-04T23:06+0000
2022-12-19T14:04+0000
shutdown
instagram
facebook
social media
https://cdn1.img.sputnikglobe.com/img/101901/26/1019012684_0:68:1300:799_1920x0_80_0_0_97305dd7e78f7d1a60e1008339482f1a.jpg
"With Facebook, WhatsApp, Instagram and Messenger down for over one hour and counting, the Cost of Shutdown Tool (COST) calculates a rough estimate of ~$160m in losses to the global economy," NetBlocks wrote on Twitter.The organization reports that the social networks and messenger "are currently experiencing outages in multiple countries; incident not related to country-level internet disruptions or filtering."Facebook founder Mark Zuckerberg himself has lost some $6.6 billion due to the disruptions and fell to the sixth place in the list of the richest people in the world, according to the Forbes Real-Time Billionaires List.The hourslong global outage appeared to be corrected after platforms were down for nearly seven hours, with Facebook issuing a statement that said: "we’ve been working hard to restore access to our apps and services and are happy to report they are coming back online now."A follow-up statement issued by Facebook Chief Technology Officer Mike Schroepfer acknowledged that it "may take some time to get to 100%," before offering apologies to businesses and individuals who depend on the platform.
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2021
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
shutdown, instagram, facebook, social media
shutdown, instagram, facebook, social media
Experts Estimate Losses From Facebook, Instagram, WhatsApp Outages at $160Mln
23:06 GMT 04.10.2021 (Updated: 14:04 GMT 19.12.2022) MOSCOW (Sputnik) - The losses from the mass outages of Facebook, Instagram and WhatsApp are estimated at $160 million, experts from the Internet monitoring and cybersecurity organization NetBlocks reported on Monday.
"With Facebook, WhatsApp, Instagram and Messenger down for over one hour and counting, the Cost of Shutdown Tool (COST) calculates a rough estimate of ~$160m in losses to the global economy," NetBlocks wrote on Twitter.
The organization reports that the social networks and messenger "are currently experiencing outages in multiple countries; incident not related to country-level internet disruptions or filtering."
Facebook founder Mark Zuckerberg himself has lost some $6.6 billion due to the disruptions and fell to the sixth place in the list of the richest people in the world, according to the Forbes Real-Time Billionaires List.
The hourslong global outage appeared to be corrected after platforms were down for nearly seven hours, with Facebook issuing a statement that said: "we’ve been working hard to restore access to our apps and services and are happy to report they are coming back online now." A follow-up statement issued by Facebook Chief Technology Officer Mike Schroepfer acknowledged that it "may take some time to get to 100%," before offering apologies to businesses and individuals who depend on the platform.
