Snapchat was the biggest winner the day Facebook’s services went down

Snapchat use surged more than 20% after Facebook Inc.’s services went down for six hours Monday, the biggest winner among rival apps during the U.S. social media giant’s worst outage in years. Facebook blamed network configuration glitches for immobilizing a suite of apps from Messenger to Instagram and driving some of …

Zuckerberg loses $7 billion over Facebook outage; Telegram, Signal gain

Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistle-blower came forward and outages took Facebook’s flagship products offline. A sell-off sent the social-media giant’s stock plummeting around 5 per cent on Monday, …

Millions of users flock to Signal and Telegram after Facebook outage

Signal and Telegram, two private messenger apps, saw downloads and user sign-ups soar during the extended downtime of Facebook Inc.’s network of apps and services. Millions of new users joined the Edward Snowden-endorsed Signal on Monday, it said on Twitter. Telegram, whose functionality closely mirrors that of WhatsApp, surged 55 places to top the …