Causes and consequences of social media halting.
On Monday, October 4, the world froze in surprise. Social networks became inaccessible to their users for 7 hours. Facebook representatives and experts named the main causes and consequences of this incident.
Failed configuration changes.
This is the main version of the failure in the work of social networks, which was voiced by representatives of Facebook.
Network traffic disruption.
This triggered a cascading impact on the way data centers communicate, causing services to stop.
Effects.
Company representatives claim that user data was not affected. The services are back online, and engineers are working to bring them back to normal operation completely.
Disruption of Facebook internal tools.
This has led to problems restoring the work of social networks.
Loss of the company.
According to Forbes, Zuckerberg lost $ 6.6 billion and dropped to 6th on the billionaire list.
The company’s shares (and hence its capitalization) immediately began to fall to a minimum of $ 323.65 from $ 340.19 the day before. Shares closed at $ 327.5 (-4.52%).
The ranking of the richest people has changed.
Today, the ranking of the richest people is headed by Tesla founder Elon Musk ($ 201.2 billion), followed by Amazon founder Jeff Bezos ($ 186.6 billion) and Bernard Arnault with his family ($ 173.3 billion).
Loss of the economy.
Experts say the social media outage resulted in economic losses of around $ 160 million.