Following Monday’s global outage, Facebook’s stock went down by about 5.5 percent, while its Chief Executive Officer, Mark Zuckerberg, also lost nearly $7bn.
Also affected were WhatsApp and Instagram, both owned by the Silicon Valley, California-based tech company.
According to NetBlocks, which tracks internet outages and their impact, the outage had already cost the global economy about $160m per hour.
For hours when navigating to Facebook, Instagram, and WhatsApp websites, a server error appeared, which indicated there was an issue with Facebook’s servers.
According to TechCrunch, users were also unable to send messages or load new content on the mobile apps for these platforms. Even Oculus, Facebook’s virtual reality platform, and Workplace, its business communication tool, were down.
