Mark Zuckerberg losses $6 Billion as Facebook accused of shutting down its operation to divert attention from a whistleblower’s claim

Follow a sudden outage experienced on Facebook, Whatsapp and Instagram yesterday in October 4. The CEO, Mark Zuckerberg lost more than $6 billion of his personal wealth after the 6 hour which has knocked him down a notch on the list of the world’s richest people. 

Yesterday outage was one of the longest outages Facebook and its services like WhatsApp and Instagram faced. Facebook in a blog noted that the cause of the global outage was a glitch in routers. Facebook has blamed the outage on faulty configuration change. 

Meanwhile, some hours before the outage, a whistleblower came forward and revealed her identity which also likely contributed to the outage. In just a few hours, Zuckerberg’s personal wealth was reduced by over $6 billion.

According to the Bloomberg Billionaires Index, this has cost Zuckerberg the fifth position among billionaires. Now, he stands with $120.9 billion in sixth place, behind Bill Gates. Shares of Facebook plummeted about 5 per cent, adding to a 15 per cent drop since mid-September. The index also revealed that Zuckerberg is down from almost $140 billion in a matter of weeks. 

However, some tweeps has accused the social media giant, Facebook of intentionally shut down its operation in other to draw away attention of people from the claim of a whistleblower

A tweep wrote: “Damage control ahead of Frances Hauge’s whistleblower testimony before Congress tomorrow?” one Twitter user wrote.

Another said: “Interesting that Facebook, Instagram, and WhatsApp are all down on the day Facebook whistleblower, Frances Haugen, testifies before Congress…”

A third person tweeted: “Facebook and Instagram are both down worldwide one day after a damning ’60 Minutes’ segment that featured former Facebook product manager Frances Haugen taking the company’s awfulness to task.”

The outage occurred after former Facebook product manager, Frances Haugen went public on Sunday October 3 and accused the social media platform of continuously prioritizing profit instead of combatting hate speech and misinformation.

Haugen publicly revealed herself as the Facebook whistleblower on Sunday, October 3, 2021, during an interview with 60 Minutes. On the show, she accused her former employer of promoting hate speech in order to make a profit and admitted to leaking Facebook documents to The Wall Street Journal.

One of the internal Facebook research documents leaked by Haugen states: “We have evidence from a variety of sources that hate speech, divisive political speech, and misinformation on Facebook and the family of apps are affecting societies around the world.”

Haugen told 60 Minutes host Scott Pelley: “It’s paying for its profits with our safety.” She is also scheduled to testify in front of the Senate committee on October 5.

As the conspiracy theory went viral yesterday,  Facebook Chief’s Technology Officer offered his “sincere apologies” to all who were affected by the outages.

“We are experiencing networking issues and teams are working as fast as possible to debug and restore as fast as possible,” he tweeted hours before the misfortuned apps slowly started working again.

 Instagram head Adam Mosseri also tweeted that it “feels like a snow day.”

Other social media users also suspected that Facebook, WhatsApp and Instagram might have been hacked.

One person shared a spoof ad on placing the domain up for sale for a relatively paltry $8billion with the words “inquiry now and Facebook could be yours.”

Doug Madory, director of internet analysis for Kentik Inc, a network monitoring and intelligence company, wrote; 

“This is epic. The last major internet outage, which knocked many of the world’s top websites offline in June, lasted less than an hour. 

“The stricken content-delivery company in that case, Fastly, blamed it on a software bug triggered by a customer who changed a setting.”

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