{"id":3097,"date":"2021-10-05T19:37:44","date_gmt":"2021-10-05T17:37:44","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/10\/05\/facebook-outage-highlights-global-over-reliance-on-its-services\/"},"modified":"2021-10-05T19:37:44","modified_gmt":"2021-10-05T17:37:44","slug":"facebook-outage-highlights-global-over-reliance-on-its-services","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/10\/05\/facebook-outage-highlights-global-over-reliance-on-its-services\/","title":{"rendered":"Facebook outage highlights global over-reliance on its services"},"content":{"rendered":"<p>Shutdown heavily impacts ability to communicate and do business for many of platform\u2019s 2.8 billion users<\/p>\n<p>From bereft Brazilians to relaxed Russians and internet-savvy Indians, Facebook\u2019s outage highlighted the dependence much of the world has developed on its social media products, and put the spotlight on its global power.<\/p>\n<p>The fallout of Facebook\u2019s unprecedented <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/oct\/05\/facebook-outage-what-went-wrong-and-why-did-it-take-so-long-to-fix\">almost six-hour outage<\/a> has mostly focused on the financial impact to the $1tn social media empire: $50bn (\u00a337bn) was wiped off the company\u2019s market value by jittery investors, founder Mark Zuckerberg\u2019s paper fortune shrunk by $7bn and more than $13m of the advertising dollars that are its lifeblood disappeared each hour the platform was offline.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/oct\/05\/facebook-outage-highlights-global-over-reliance-on-its-services\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/ba8de825868d1f1a77d89d35c6c498b6f71d429b\/173_152_2196_1319\/master\/2196.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=eb9a20f763f9c336d45317e053606431\" title=\"Facebook outage highlights global over-reliance on its services\" \/>Shutdown heavily impacts ability to communicate and do business for many of platform\u2019s 2.8 billion users<br \/>\nFrom bereft Brazilians to relaxed Russians and internet-savvy Indians, Facebook\u2019s outage highlighted the dependence much of the world has developed on its social media products, and put the spotlight on its global power.<br \/>\nThe fallout of Facebook\u2019s unprecedented almost six-hour outage has mostly focused on the financial impact to the $1tn social media empire: $50bn (\u00a337bn) was wiped off the company\u2019s market value by jittery investors, founder Mark Zuckerberg\u2019s paper fortune shrunk by $7bn and more than $13m of the advertising dollars that are its lifeblood disappeared each hour the platform was offline. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shutdown heavily impacts ability to communicate and do business for many of platform\u2019s 2.8 billion users From bereft Brazilians to relaxed Russians and internet-savvy Indians, Facebook\u2019s outage highlighted the dependence much of the world has developed on its social media products, and put the spotlight on its global power. The fallout of Facebook\u2019s unprecedented almost &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/10\/05\/facebook-outage-highlights-global-over-reliance-on-its-services\/\"> <span class=\"screen-reader-text\">Facebook outage highlights global over-reliance on its services<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":3098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3097"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3097"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3098"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3097"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}