Facebook, Messenger, and Instagram suffered a global outage that shocked everyone around the world.
On March 5th, Facebook and Instagram users worldwide were surprised when they were unable to access their accounts.
A large number of people have acknowledged that they were abruptly logged out of their Messenger apps and Facebook profiles.
Similar to the Facebook platform, Instagram users trying to log in received an error message stating: "There was a problem logging in; please try again as soon as possible."
Last night, several users faced password-related issues as they discovered they entered the password incorrectly when trying to log in again, but they are also increasingly concerned about hackers.
After the incident, Meta responded to global outages on Facebook, Messenger, and Instagram
Meta, the parent company of Facebook and Instagram, later issued an official response via a tweet from its head of communications, Andy Stone, saying: 'We're aware that people are having trouble accessing our services. We are working on resolving this issue.".
However, users all over the world wonder how much money Facebook and Instagram lost for every second they were down after this incident.
According to Down Detector, Facebook received more than 239,000 reports and Instagram received more than 37,000 reports during the outage.
On Twitter, @whatdope left several users shocked after revealing an estimated loss for the company per minute during the 2021 outage.
The post read: “Last year’s ad revenue (for Facebook’s sites) was $84.2bn. So, for every minute it’s down, they’re losing around $160,000. Or, $2,670 per second".
As a result, numerous users suggest that Meta has incurred significant financial losses following this incident."
According to reports, the outage in October 2021, which affected Facebook and WhatsApp and took users around the world by surprise, resulted in a substantial cost for the company. Fortune estimated that the brief six-hour outage amounted to a loss of $100 million in revenue.
Well, last night's incident resulted in significant financial losses for Meta.
According to the report, the worldwide outage of Facebook and Instagram, combined with the likelihood of Facebook charging higher advertising fees, suggests that the company is likely to face equally high costs.
So, According to estimates, Meta will face the prospect of losing hundreds of millions of degrees after last night's incident.
After the incident, Eon Musk mocked Facebook and Instagram after they were hit with a worldwide outage.
On the X account, Elon Musk shared a tweet from Andy Stone, overlaying it onto an image of three penguins donning Meta logos, and saluting a penguin with an X logo.
Elon Musk and numerous others took to sharing memes to mock Facebook and Instagram after the incident.
