Facebook shares fall by almost 5% on Monday, as service outrage drags on

Facebook shares fall by almost 5% on Monday, as service outrage drags on
Monday 4 October 2021 - 22:40

Facebook shares fell by almost 5% on Monday after the company’s apps crashed-down on Monday afternoon in one of the worst service outage it experienced since a 24hrs blackout in 2019.

Facebook’s main apps, including Instagram and Whatsapp experienced an outage and remained offline as of market close, and there isn’t yet a sign of restoration.

“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,” wrote the company in a tweet.

 

Facebook Chief Technology Officer Mark Schroepfer said Monday the company is working as fast as possible to restore operations after the worst outage across its platforms.

“Sincere apologies to everyone impacted by outages of Facebook powered services right now. We are experiencing networking issues and teams are working as fast as possible to debug and restore as fast as possible,” Schroepfer said via Twitter.

On Monday, Down Detector logged tens of thousands of complaints for each of Facebook  services being down.

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