Newsmaker of the Week: What's Next for Facebook?

www.itnewsafrica.com
3 min read
fairly difficult
Saying that Facebook, the US-based social media corporation, has had a bad week is an understatement. The company, owned and led by tech legend Mark Zuckerberg, began the week on a direly sour note after its group of social media platforms, including WhatsApp, Instagram and Facebook were all down for around 5 to 6 hours […]
Saying that Facebook, the US-based social media corporation, has had a bad week is an understatement.

The company, owned and led by tech legend Mark Zuckerberg, began the week on a direly sour note after its group of social media platforms, including WhatsApp, Instagram and Facebook were all down for around 5 to 6 hours on Monday.

#FacebookDown

According to Facebook, the massive outage that left roughly 3.5-billion of its users in the dark was caused by a "faulty configuration change."

Reports indicate that a networking issue surrounding a new update broke how Facebook advertises where its servers are to the internet using a Border Gateway Protocol (BGP), effectively making the servers undiscoverable. Meaning that users (and company employees) could not gain access to any of the social media networks Facebook provides.

The 6-hour outage effectively brought the economic engine of the company to a screeching halt. Forbes estimates that the company lost about $65-million during the outage, while CEO and founder Zuckerberg also took a haymaker to his personal fortune. As Facebook's stocks dropped 4.8% in trading on Monday, Zuckerberg lost $5.9-billion (He still remains the world's sixth-richest person.)

During the outage, millions upon millions…
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