Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Facebook Slips as Outages Grip All its Platforms Including Whatsapp, Instagram

Published 10/05/2021, 12:38 AM
Updated 10/05/2021, 12:38 AM
© Reuters.

By Dhirendra Tripathi

Investing.com – Facebook stock (NASDAQ:FB) slumped nearly 6% Monday as a global outage engulfed all the apps in its umbrella, namely Whatsapp, Instagram and the parent app itself.

"We’re aware that some people are having trouble accessing our apps and products. We’re working to get things back to normal as quickly as possible, and we apologize for any inconvenience," Facebook posted on Twitter (NYSE:TWTR).

"This site can't be reached" was the messaging showing up as one tried to access Facebook.

The issue emerged just before midday New York time.

Users posted messages on Twitter (NYSE:TWTR) saying the popular social networking and communication platforms were inaccessible around 1130 ET.

The website downdetector.com, which tracks web services, also reported a sharp spike in complaints by users.

Facebook’s daily active users (DAUs) rose 7% to 1.91 billion in the second quarter, while monthly active users (MAUs) also rose 7% to 2.90 billion.

The company expects year-on-year revenue growth to decline in the current half of the year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.