Will the outage have a lasting effect on Facebook’s stock price, and Mark Zuckerberg’s wealth? Bloomberg reported earlier today that the nearly 5% drop in Facebook stock on Monday resulted in a more than $6bn drop in Zuckerberg’s net worth, sliding him down one rung of Bloomberg’s billionaires list.What does the outage demonstrate about Facebook’s size and influence? “The outage came the same day Facebook asked a federal judge that that a revised antitrust complaint against it by the Federal Trade Commission be dismissed because it faces vigorous competition from other services,” the Associated Press reported, even as the brief disappearance of Facebook showed that “nothing can easily replace the social network that over the past 17 years has effectively evolved into critical infrastructure.”.Owners of small businesses were also disrupted everywhere from India to Ireland. Who was hurt? The outage affected potentially tens of millions of users worldwide. But Facebook and its CEO Mark Zuckerberg have offered no public explanation for what exactly went wrong, just a blanket apology for the disruption.
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