Facebook shares fall amid service collapse

The fall of the Service of Instagram, Whats App and Facebook caused not only a complication when it comes to communicating among users around the world, but also affected the value of the shares of Mark Zuckerberg’s company, which fell around 5% today. The disruption of the three pages that operate under Facebook Inc brought the company’s share to $325. The value started the day at US$334.55 and was worth US$323.

�� | URGENT: Facebook shares now fall more than 5% after massive social media crashes around the world. — News Alert 24 (@AlertaNews24)
October 4, 2021

“We are aware that some people are experienced problems with WhatsAp at the moment. We are working to get everything back to normal and we will send update here as soon as possible, thank you for your patience!” the Whats App twitter account wrote. Despite that, at this time the reason why the servers stopped working is still unknown, although breaking news indicates that the White House itself is following the case.

However, Facebook Inc had already been hit after a 37-year-old woman revealed her identity after having leaked information to US authorities where she confirmed that Zuckerberg’s company privileged its interests to the safety of users.

Frances Haugen spoke on CBS about Facebook | Photo: Reuters

“There were conflicts of interest between what was good for the public and what was good for Facebook,” the woman said on U.S. television. So far this month, Facebook Inc has accumulated a 15.22% decline in the value of its shares.

Original source in Spanish