Facebook outage for 6 hours cost Zuckerberg $20 billion in loss

Sky News Arabia announced that Facebook lost about $20 billion, and its market value fell to $967 billion.

Yesterday, Monday evening, NetBlocks published a technical analysis of the possible reasons behind the failure of Facebook and its accompanying applications, Instagram and WhatsApp.

The site stated that the analysis of network measurements on October 4, 2021 indicates a global outage for “Facebook Inc” services, including “Facebook”, “WhatsApp”, “Instagram” and “Messenger” services since 15:45 GMT.

He said network metrics point to a connection outage on the Facebook-owned standalone network AS32934, adding that the most obvious impact is the loss of trusted DNS.

She noted that the root cause of the incident has not yet been fully identified, although there are indications that the Border Gateway Protocol may have been pulled or hijacked, causing an indirect impact on the DNS and other servers needed to resolve services.

The Border Gateway Protocol or Intergate Routing Protocol is an external routing protocol designed to exchange routing-related information between independent systems in computer networks.

The Border Gateway Protocol can be used as an internal routing protocol, in which case this use is referred to as the Inner Gateway Protocol (iBGP), and for the original use the External Border Gateway Protocol (eBGP).

Facebook has experienced international outages previously, including major partial outages on April 14, 2019 and March 14, 2019 however the current incident is the largest Facebook outage on record since its inception.

And applications belonging to “Facebook”, including its social networking site of the same name, the famous photo-sharing platform “Instagram” and the messaging application “WhatsApp”, have been disrupted with hundreds of thousands of users.

Facebook shares fell by 5.5% after the disruption of site services and the platforms "Instagram" and "WhatsApp", as "Facebook" shares fell to the level of $ 323.56, after a loss of $ 19.5.