Mark Zuckerberg Lost About $7 Billion Yesterday
Yesterday was a bad day for just about everybody who didnt win the Powerball. Nobody's day was worse than Facebook CEO Mark Zuckerburg who saw a decrease in his net worth of nearly 7BILLION DOLLARS during the massive social media black out, coupled with a very un friendly interview on 60 mins from a former employee.
It all started Sunday night, when a former employee named Frances Haugen did an interview with "60 Minutes", exposing all kinds of internal corruption at Facebook . . Including the fact that Facebook intentionally prioritizes incendiary content, because they make more money that way.
Haugen, who is testifying infront of congress this morning, claimed that EXECS KNEW Instagram was increasing suicidal thoughts and eating disorders among young girls, and really didn't do anything about it.
Then, yesterday at about 11:30 A.M. Eastern, Facebook, Instagram, WhatsApp, and Messenger all went down . . . and didn't return until the evening.
By 4 o'clock, they'd lost nearly $60 million in revenue . . . about $13 million per hour, or $220,000 a minute. And Zuckerberg saw his personal net worth decrease by about $7 BILLION.
It's still not clear what caused the outage, but it appears to have been a problem with the Domain Name System, which translates website names into IP addresses that can be read by a computer.
Watch the full interview from Haugen below.