Facebook, Instagram and Whatsapp down in mass Meta outage

Published On Dec 11, 2024, 3:07 PM

Meta Platforms, which owns Facebook, Instagram, and WhatsApp, faced a significant outage affecting users globally. Over 22,000 issues were reported for Facebook and more than 18,000 for WhatsApp, with problems ranging from complete access loss to feeds not refreshing. Meta is aware of the situation and is working to restore services. This is not the first major outage for Meta, as they experienced a similar incident in 2021 that lasted nearly six hours, causing widespread disruption.

Stock Forecasts

The outage could cause temporary disruptions in user engagement and advertising revenues for Meta. However, as the platforms return to normal, long-term fundamentals remain intact, potentially providing a buying opportunity.

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