Facebook and its subsidiaries Instagram, WhatsApp, and Messenger suffered on Monday, October 4 from a global internet outage dragging along any application using the Facebook login feature.
Around 10.6 million problems were reported globally from users, but not only them were affected as the outage also disrupted the workflow of Facebook employees.
Facebook did not give a solid explanation till the moment of writing this article. However, experts suggested the reason to be an internal mistake or a glitch in the authoritative DNS routes.
Upon the news, Facebook’s stock declined by approximately 7%, leading Mark Zuckerberg to lose about USD 6 billion in mere hours.
Twitter was the star of Monday’s outage!
Facebook users started resorted to Twitter as a substitute for Facebook. Welcoming Facebookers, Twitter shared a satirical Tweet saying, “hello literally everyone”, which amassed 3.3M likes and almost 600K retweets till October 6, 2021.
Social media accounts from Microsoft, McDonald’s, and others joined in on the humor.
Twitter stock fell by 5.78% on Monday, but it was still trading within its normal range between 58.40 as support and 67.50 as resistance.
The U.S. stock market fell between 1% and 2% at the time of the outage, as we can see in the chart below.