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Meta shares down after services outage

Meta shares down after services outage

13 Sept 14:17 Key points summarised by AI
  • Meta's Facebook and Instagram platforms experienced a global outage lasting over two hours, impacting hundreds of thousands of users worldwide.
  • The disruption was caused by an unspecified "technical issue," which Meta resolved, assuring no malicious cyber activity was detected.
  • During the service interruption, Meta's shares declined by 1.2% in afternoon trading, reflecting the market's reaction to the incident.
  • The outage prompted users to migrate to rival social media platforms like X, where the event became a top trending topic.
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