Blackout on FB “costs” $XNUMX billion to Mark Zuckerberg

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According to Bloomberg, Mark Zuckerberg went down a notch in the list of the richest in the world, due to the global stoppage that affected Facebook, Messenger, Instagram and WhatsApp.

A sell-off sent the tech giant's shares down 4,9% on Monday, adding to a drop of about 15% since mid-September.

The stock decline on Monday sent Mark Zuckerberg's value down to $121,6 billion, down from Microsoft founder Bill Gates in No. 140 on the Bloomberg Billionaires Index. Mark Zuckerberg had $XNUMX billion in September, according to the index.

On September 13, The Wall Street Journal began publishing a series of stories based on internal documents from the social network, revealing that Facebook was aware of problems with its products – such as Instagram's harm to mental health in teenagers and the disinformation about the attack on the Capitol of the United States of America (USA).

The reports—relativized by Facebook in public—came the attention of congressmen and, on Monday, a former employee of the company declared herself as the whistleblower in the case to the press.

In response, Facebook emphasized that the problems of its platforms, including political polarization, are complex and, he warned, not just caused by technology.

"I think it comforts people to assume that there must be a technological or technical explanation for the issues of political polarization in the US," Nick Clegg, Facebook's vice president of global affairs, told CNN.

With social media paralyzed, it wasn't just Mark Zuckerberg to resent it.

The non-governmental organization NetBlocks, which focuses on cybersecurity, has calculated a “rough estimate” that the global economy is losing $160 million due to lost revenue from Facebook, Instagram, Messenger and WhatsApp.

The world economy lost more than 950 million dollars after more than six hours of technical problems at Mark Zuckerberg's company.

In Angola, the problems with the platforms began to be felt sensibly from 16:30 (Luanda time) on Monday, having only resumed from 23:00.

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