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Facebook stock falls amid mystery outage

Ricardo Kanono by Ricardo Kanono
October 4, 2021
in Business
0

NATIONAL REVIEW 

Facebook stock fell about 5.3 percent on Monday, while CEO Mark Zuckerberg’s personal wealth fell by roughly $7 billion on Monday according to Bloomberg. The entire S&P 500 fell by 1.3 percent on Monday, with the Nasdaq 100 dropping 2.2 percent and Dow Jones Industrial Average 0.9 percent.

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The outage also blocked users from accessing accounts on Instagram and Whatsapp, which are both owned by Facebook. Stocks for other tech companies were also affected, with Google parent company Alphabet sliding 3.2 percent on Monday, and Netflix stocks dropping by 2.6 percent.

The problem followed an apparent change to Facebook’s routing information, Doug Madory, director of internet analysis at Kentik, told the Wall Street Journal. The change appeared to make Facebook’s domain name system servers unavailable, essentially preventing computers worldwide from accessing the domain name facebook.com.

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  • The Future of Funeral Services Depends on More Than TechnologyJuly 21, 2026
    By Charles Seotseneng, Chief Technology Officer, FSG Limited Botswana There is a familiar scene that plays out across Botswana every month. At post offices and payment outlets in villages and towns, people queue patiently to pay their funeral policy… Read more: The Future of Funeral Services Depends on More Than Technology
  • ‘My Life’s in Danger’ -KhamaJuly 20, 2026
    ‘I may be safe and at the same time I may be not’- Khama Reports threats from Zimbabwe to Botswana government BNF hosts Zimbabwe’s ruling ZANU-PF at Jwaneng conference BAKANG TIRO editors@thepatriot.co.bw RelatedPosts ‘My Life’s in Danger’ -Khama 14%… Read more: ‘My Life’s in Danger’ -Khama
  • 14% VAT on healthcare ‘UDC IS HEARTLESS’July 20, 2026
    ‘‘Health VAT a death warrant. Now, we can’t afford to be sick’ -patient ‘‘When the economy is shattered like this one, you reduce tax as increasing tax and VAT amounts to stripping a naked man’’ – Duma Boko BAKWADI… Read more: 14% VAT on healthcare ‘UDC IS HEARTLESS’
  • ‘Botswana’s economy at crossroads’July 17, 2026
    Over reliance on diamonds effects now punitive Experts call for urgent reforms or risk facing a worst recession World Bank challenge Botswana to turn crisis into opportunity Banking sector sees liquidity rise but borrowing confidence low Sefalana Group cautions… Read more: ‘Botswana’s economy at crossroads’
  • Corruption worsens in BotswanaJuly 15, 2026
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