Leaders Online: Facebook and Instagram were down for an hour due to 'Meta' server down. Due to this, the CEO of Meta, Mark Zuckerberg (Mark Zuckerberg) has lost around 3 billion dollars in one day. As a result, Zuckerberg's net worth fell by $2.79 billion in one day to $176 billion, according to the Bloomberg Billionaires Index. But his position as the fourth richest person in the world remains.
Shares of Meta fell 1.6 percent as Facebook and Instagram were shut down for an hour worldwide. Which led to a decline in Mark Zuckerberg's net worth. Meta's shares closed at $490.22 on the US stock market.
Users of Facebook, Instagram and Threads faced problems using these social media platforms on Tuesday night. Additionally, Meta Quest users experienced problems logging into their headsets. Many YouTube users also reported experiencing errors while using the platform.
During the outage, users reported seeing “failure to load” error pages on both Instagram and Facebook. Some Instagram users reported that they could still view old stories despite the error. Meanwhile, many Facebook accounts were automatically logged out during this shutdown.
Meta down, mocked by Elon Musk
After the shutdown of Facebook, Instagram, users' complaints rained on social media platform X. During the shutdown, X owner Elon Musk also mocked rival Meta. “If you're reading this post, our servers are working,” Musk said in a post on X.
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