Facebook: My deepest concern not money lost, says Zuckerberg

Facebook lost about a 70million users to one of its competitors, Telegram, who confirmed its new addition of users as a result of the outage.
Facebook: My deepest concern not money lost, says  Zuckerberg
Mark ZuckerbergDigistatement

Facebook CEO, Mark Zuckerberg has revealed that he is unfazed by the $7billion his company lost as a result of the outage on Monday night.

WuzupNigeria reported that millions of users across the globe were unable to access the social media app and those of its sister companies, Instagram and WhatsApp, for about six hours during the company's longest-ever outage.

As such. the share price of Zuckerberg's tech giant company drop by 4.9%, which reportedly cost him $7billion.

Zuckerberg subsequently slid behind Bill Gates to No. 5 on Bloomberg Billionaires Index after his worth dropped to $120.9 billion.

Furthermore, Facebook lost about a 70million users to one of its competitors, Telegram, who confirmed its new addition of users as a result of the outage.

However, the Silicon Valley techwiz, said his deepest concerns in not how many customers his company lost but the effect of the outage on the people who relied on their services.

“The SEV that took down all our services yesterday (Monday) was the worst outage we’ve had in years.

“We’ve spent the past 24 hours debriefing how we can strengthen our systems against this kind of failure. This was also a reminder of how much our work matters to people.

“The deeper concern with an outage like this isn’t how many people switch to competitive services or how much money we lose, but what it means for the people who rely on our services to communicate with loved ones, run their businesses, or support their communities,” Zuckerberg said.

Reacting to the allegations of a Whistleblower against Facebook services he added, “I’m sure many of you have found the recent coverage hard to read because it just doesn’t reflect the company we know. We care deeply about issues like safety, well-being and mental health. It’s difficult to see coverage that misrepresents our work and our motives. At the most basic level, I think most of us just don’t recognize the false picture of the company that is being painted.

“The argument that we deliberately push content that makes people angry for profit is deeply illogical. We make money from ads, and advertisers consistently tell us they don’t want their ads next to harmful or angry content. And I don’t know any tech company that sets out to build products that make people angry or depressed. The moral, business and product incentives all point in the opposite direction.”

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