Investing.com.- Facebook and Instagram, and the messaging network WhatsApp, have their services suspended for their millions of users in the world. Shares of Facebook Inc (NASDAQ: FB), the tech giant led by Mark Zuckerberg, are down 5.26%, trading at $ 324.98.
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“We are aware that some people are experiencing problems with WhatsApp right now. We are working to get everything back to normal and we will send an update here as soon as possible, Thank you for your patience! Said WhatsApp from Twitter.
The shares of Facebook are also being affected by the statements of a former employee of the company, Frances Haugen, who publicly assured that the company put its interests above the safety of users.
“There were conflicts of interest between what was good for the public and what was good for Facebook. Over and over again he chose to optimize based on his own interests and make more money. “
Frances Haugen, former Facebook employee, on the show “60 Minutes.”
Facebook accumulates a loss of 15.22% in a month; Like the technology sector in general, it has been affected by increased investor interest in cyclical stocks, and the increase in the yield on Treasuries. The Nasdaq index faces another tough day today, falling 2.58%.
After the massive fall of Facebook and its platforms such as Instagram and WhatsApp, users also reported failures in Tik Tok, Telegram and other services such as banks and gaming.