$50 billion wiped off Facebook's market capitalisation after global outage

Facebook's market capitalisation fell by nearly $50 billion as the company's shares plunged amid a global outage of Facebook, WhatsApp and Instagram. An estimate by Fortune suggests that Facebook lost revenues of roughly $99.75 million during the outage that lasted for more than six hours on Monday. Facebook CEO Mark Zuckerberg's net worth also fell by over $6 billion.