Meta Platforms Inc. Experiences Technical Difficulties Across Social Media Platforms
The outage prompted a surge in Google searches about Meta's ownership and the status of its various platforms.
- Meta Platforms Inc., formerly known as Facebook Co., faced technical difficulties on Tuesday, affecting its social media networks including Facebook, Instagram, and Threads.
- Mark Zuckerberg, the majority shareholder of Meta with a 13% stake, has not sold any Meta stock since November 2021, maintaining his position as CEO.
- Meta owns several major social media platforms, including Facebook, Instagram, WhatsApp, and the newly launched Threads, among others.
- The technical outage led to increased public interest in who owns Meta and its various platforms, with many turning to Google for answers.
- Zuckerberg's net worth is reported at $171.6 billion, making him the fourth-richest person in the world as of Tuesday.