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- Facebook, Instagram, and WhatsApp went down around 11:30 a.m. on Monday.
- For every hour that Facebook is down, the company loses around $13M in revenue per hour.
- CEO Mark Zuckerberg’s net worth has reportedly decreased by $7B.
According to reports, Facebook is losing hundreds of thousands of dollars — approximately $220,000 per minute — during its current outage, which began on Monday, October 4, just hours after a 60 Minutes piece about Facebook whistleblower Frances Haugen. Facebook, Instagram, WhatsApp and Messenger have all been down since approximately 11:30 a.
m. EST.As reported by Fortune, as of 4:00 p.m. on Monday afternoon, Facebook has lost nearly $60 million in revenue. With every passing hour, Facebook stands to lose about $13 million, which equates to about $220,0000 per minute.
To make matters worse for Facebook CEO Mark Zuckerberg, his personal net worth has decreased by $7 billion in the last day alone.
RELATED: Twitter Users Had Some Hilarious Reactions To Facebook And Instagram Going Down
This story is developing.
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