FACEBOOK CRASH: WHY I AM NOT BOTHERED ABOUT $7 BILLION LOST AND USERS THAT MIGRATED - ZUCKERBERG
Facebook co-founder and Chief Executive Officer, Mark Zuckerberg, said he was not worried about the $7 Billion lost or the number of users who migrated to other social media platforms due to a seven-hour outage of Facebook Inc.’s services on Monday. Zuckerberg made this known in a Facebook post Tuesday evening. He said he was rather concerned about those who rely on his products to connect with friends and family. About three billion social media users regained access to their online community late Monday as Facebook-owned services, Facebook App, WhatsApp and Instagram, came back online after the record seven-hour outage. With Monday’s outage of his apps, Zuckerberg’s personal wealth has fallen by nearly $7 billion, knocking him down on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline, according to Bloomberg. The stock immediate slide on Monday sent Zuckerberg’s worth down to $120.9 billion, dropping h...