HomeStartupsService returns to Facebook and its Subsidiaries Social media trend Service returns to Facebook and its Subsidiaries In just a handful of hours since his tech empire’s websites (including Facebook, Instagram, and WhatsApp) all crashed on Monday, October 4, 2021, tech billionaire Mark Zuckerberg has lost more than $6 billion. As much as this isn’t a massive loss to him, the glitch had also kicked him down the list of the world’s richest people from the 5th now to 6th position. Ultimately, the loss brought his wealth to $117 billion in total. The social media platforms were restored after an outage that lasted more than five hours. Findings by Pisontech revealed that Nigerians had initially thought the outage was caused by the federal government in what was thought to be a discreet shut down of the social media platforms. Of course, this was as a result of the suspension of Twitter operations in Nigeria, as well as the seeming irreconcilable differences between the federal government and operators of the bird app. After announcing that the ban on Twitter has been lifted during his independence day speech on October 1, President Muhammadu Buhari also listed conditions that would restore its operations in Nigeria. Although, some Nigerians have circumvented the ban, as they use virtual private network (VPN) to have access to the app. As the crisis continued, an alleged Facebook “recovery team” employee said the outage probably stemmed from a configuration attempt gone wrong, while Twitter users were said to have shared their suspicions about Facebook’s self-owned registrar master key being deleted, effectively removing Facebook from the web. According to report, with service returning to Facebook and its subsidiaries, the most interesting steps in the story of corporate calamity surely lie ahead, as the businesses involved take account of the damage, and potentially adapt to prevent it from happening again. At least, anytime soon. Meanwhile, the global economy also lost billions of dollars to the unprecedented downtime, which according to Netblocks cost about $160 million per hour. The downtime also comes in the wake of a whistleblower’s allegations about the company’s conduct, which have already thrown the company into turmoil. Support PisonTechAfrica.com For inspiring tech content and articles, PisonTechAfrica.com is the platform to go. Great content takes a lot of resources; we are poised to motivate young start-ups and give them leverage with our platform. It is a platform for inspiring tech entrepreneurs to display their talents. Africa is the next big thing for technology. PisonTechAfrica.com is the tech media platform committed to positioning Africa in the Fourth Industrial Revolution. Donate Dayo Oyewo Share This Previous ArticleBooming Tech Industry to replace Dependence of Oil Revenue in Nigeria Next ArticleBanks begin integration with the eNaira Platform October 5, 2021
