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Facebook Share Price Falls By €40 Billion After Last Night's Outage

Facebook's falling share price wiped over €40 billion off its value. It's after the social media sit...


Facebook Share Price Falls By...

News

Facebook Share Price Falls By €40 Billion After Last Night's Outage


Facebook's falling share price wiped over €40 billion off its value.

It's after the social media site, along with Whatsapp and Instagram, were down for nearly six hours last night.

The social media giant is blaming a 'faulty configuration change' for its biggest ever outage.

But Technology Correspondent, Jess Kelly, says there's little detail about what exactly happened:

"Something happened within Facebook which caused key digital records that tell computers where to find sites and apps were revoked."

She says its not clear if this was intentional, human error or if it was the work of a bad actor."

It has apologised to the company's 3.5 billion users who depend on their platforms.



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