• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
This is how much Facebook and Instagram supposedly lost every minute during yesterday's major outage

Home> Social Media

Published 09:39 6 Mar 2024 GMT

This is how much Facebook and Instagram supposedly lost every minute during yesterday's major outage

Meta experienced an embarrassing outage yesterday.

Prudence Wade

Prudence Wade

Featured Image Credit: NurPhoto / Contributor / Tom Williams / Contributor / Getty
Instagram
Meta
Mark Zuckerberg
Threads
Facebook

Advert

Advert

Advert

In case you were living under a rock and missed it, Facebook and Instagram went down yesterday.

Hundreds of thousands of people took to the website Downdetector, which tracks online outages, to report issues with Meta-owned platforms Facebook, Messenger, Instagram and Threads.

Luckily, everything is now back up and running again - with Andy Stone, Meta’s head of communications, taking to X (formerly Twitter) to say that the whole palaver had been caused by a "technical issue".

Advert

Anna Moneymaker / Staff / Getty
Anna Moneymaker / Staff / Getty

It's not the first time that Facebook and Instagram have gone down, and we'd hazard a guess that it won't be the last.

This is the nature of websites and services - they'll have outages. Back in 2021, a similar technical glitch set people speculating about just what the impact of such down periods might be on Meta's bottom line (which hadn't yet changed its name from Facebook at the time).

This was what prompted YouTuber Chris Williamson to ask his followers: "Can anyone estimate how much money Facebook will be losing per minute while all sites are down?"

Advert

It's not the sort of question you might think you could possibly answer, but another user did some quick math to try figure an estimate out based on the revenue that Facebook had reported from advertising the previous year.

They speculated: "Last year's ad revenue (for Facebook's sites) was $84.2bn. So, for every minute it's down, they're losing around $160,000. Or, $2,670 per second."

Now, it's important to note that this is just one person's guess and it's pretty much impossible to work out just how accurate the numbers might be.

Advert

Needless to say, the sheer amount of money that Meta makes from advertising when its services are all working is undeniable - so it stands to reason that it might lose a whole chunk of change when people can't log on.

It underlines how huge the consequences might be for the company, from what feels to us like a fairly minor period of disruption.

Since Mark Zuckerberg's personal fortune is heavily tied to how Meta fares financially, too, it could have an impact on his net worth, which currently sees him sitting in fourth place in Bloomberg Billionaires Index, lagging behind Amazon's Jeff Bezos in the top spot.

Choose your content:

an hour ago
3 hours ago
4 days ago
5 days ago
  • an hour ago

    How inventor of $150,000,000 product died without his fortune after selling creation for just $400

    Short term gain turned into long term turmoil

    Social Media
  • 3 hours ago

    This 300-year-old math problem is so difficult there's a $1,000,000 prize to solve it

    Even the world's greatest mathematicians still can't crack it

    Social Media
  • 4 days ago

    JD Vance banned from X competitor just 12 minutes after controversial post

    The vice president has now been blocked by over 55,000 users

    Social Media
  • 5 days ago

    YouTuber with 700,000 followers left terrified after Uber Eats 'publicly shares his address' on X

    He says he no longer feels safe

    Social Media
  • Mark Zuckerberg announces these jobs at Facebook, Instagram and WhatsApp will be replaced by AI
  • Mark Zuckerberg admits reason he almost deleted every single person's Facebook friends in 2022
  • Meta makes major changes to hate speech guidelines permitting users to say LGBTQ people are 'mentally ill'
  • Eerie ‘Dead Internet Theory’ looms as Meta reveals plans to flood Instagram and Facebook with AI accounts