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social media juggernaut Facebook Inc. (NASDAQ: FB), its Whatsapp chat service and image-based social media network Instagram went down for the second time in a single week on Friday.
What happened: Facebook’s social media services fell again on Friday after the company became the butt of jokes from Twitter Inc. (NYSE: TWTR) CEO Jack Dorsey and comedian Blaire Erskine due to the outage that took place earlier this week.
The company acknowledged the outage and apologized to its users after they were found unable to access services from Facebook, Instagram and WhatsApp.
Facebook’s server problems coincided with the recent sale of the company’s CEO, Mark Zuckerberg, for $ 26 million in shares, specifically 62,300 shares. After the sale, the manager still holds 352,500,524 shares.
The company explained that configuration changes on the company’s main routers that coordinate network traffic between Facebook’s data centers caused issues that interrupted communication.
The company also found itself in the midst of renewed controversy, with some suggesting that the U.S. Securities and Exchange Commission may step in to regulate Facebook soon.
Price action: Facebook’s stock is down 5.45% in the past five days and is trading at $ 330.05.
Related link: What are the chances that Mark Zuckerberg will not be the CEO of Facebook in 2 years?
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