Facebook shares collapse after the fall of the service along with WhatsApp and Instagram around the world

The crash began at 12:30 (Argentine time) when the first problems in the applications were reported. The tech giant’s papers are down 5.55% on Wall Street.

Facebook shares collapse 5.55% on Wall Street after the fall of the technology giant’s service, which includes that social network in addition to WhatsApp and Instagram.

The failure, which has affected millions of users from different parts of the world for more than four hours, was reflected in the price of the company’s shares , which fell to US $ 323.98 on the Nasdaq.

Facebook acknowledged the problem, although the company did not explain the cause of the service outage at the moment. According to the records of the Downdetector portal, WhatsApp presented a total of nine crashes or failures in its system this 2021 . It’s a record for the company that continues to rack up losses on Wall Street.

Rachel Maga

Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life’s biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.