Meta's Facebook, Instagram down for thousands, Downdetector shows (2024)

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04:00:00 2024-05-24 pm EDT
5-day change 1st Jan Change
478.2 USD +2.67% Meta's Facebook, Instagram down for thousands, Downdetector shows (1) +1.34% +35.11%
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Latest news about Meta Platforms, Inc.

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Chart Meta Platforms, Inc.

Meta's Facebook, Instagram down for thousands, Downdetector shows (3)

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Company Profile

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:- operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ;- sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%).Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Sector

Internet Services

Calendar

2024-05-29 - Annual General Meeting

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More about the company

Income Statement Evolution

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Analysis / Opinion

Why Shares of Meta Are Sinking After Earnings Report April 24, 2024 at 05:14 pm EDT

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Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C

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Analysts' Consensus

Sell

Meta's Facebook, Instagram down for thousands, Downdetector shows (5)

Buy

Mean consensus

BUY

Number of Analysts

62

Last Close Price

478.2USD

Average target price

520.5USD

Spread / Average Target

+8.83%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Meta's Facebook, Instagram down for thousands, Downdetector shows (16)

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Meta's Facebook, Instagram down for thousands, Downdetector shows (2024)

FAQs

Is Meta having issues right now? ›

The service is up and running with no known issues. The service is up and running with no known issues.

Is Instagram down on 3-5-2024? ›

Here are some potential reasons why Instagram and Facebook went down on March 5, 2024: 1. Technical Problems: One reason could be technical issues with Meta's systems. Problems with the servers or databases that run Instagram and Facebook might have caused the outage.

Why did Instagram and Facebook down? ›

A bug hits most of hte Meta apps

According to multiple reports, the apps Facebook and Instagram were hit by a bug that doesn't allow people to log into their accounts. This bug appeared according to Downdetector with an initial 90,000 reports that it was down but the numbers grew exponentially not long after that.

What is going on with Facebook and Meta? ›

The Facebook company is now Meta. We've updated our Terms of Use, Privacy Policy, and Cookies Policy to reflect the new name on January 4, 2022. While our company name has changed, we are continuing to offer the same products, including the Facebook app from Meta.

Why is my Instagram not working today? ›

Always try restarting your phone or tablet first if you're having trouble with Instagram. If restarting your device doesn't help, please try using Instagram both on Wi-Fi and on your mobile data connection to see if the problem is because of a weak Wi-Fi or mobile data connection.

Is Facebook down on 3-5-2024? ›

According to DownDetector, users on both social media platforms experienced outages across the country for more than an hour on Tuesday, March 5, 2024. However, outages appear be dropping rapidly with users continuing to regain access.

What's going on with Instagram right now? ›

User reports indicate no current problems at Instagram.

Is Instagram going to go away? ›

Let's get one thing clear… Instagram as a company and product isn't really dying. They are still growing, capturing our attention, and making money from it. They'll be fine, I'm sure.

Why did FB go down in 2024? ›

Meta, the owner and operator of Facebook, Instagram, WhatsApp, Messenger and other affected sites, said a technical issue caused the problems. Read more: LinkedIn site goes down.

Will Instagram work without Facebook? ›

If you'd like to create an Instagram account without your Facebook account, tap Continue without Facebook.

Does Facebook still own Instagram? ›

Meta, the company that owns Facebook, also owns Instagram and WhatsApp, two other extremely popular social media platforms. The company has made many acquisitions over its history, including Onavo, which became Facebook Israel, and Belgua, which became Facebook's Messenger app.

Is Instagram going to close? ›

In conclusion, while the rumors of Facebook and Instagram closing down may be circulating, there is no concrete evidence to support these claims. Meta Company is still investing in its platforms and exploring new ways to engage users.

Is Meta having issues today? ›

No, Facebook (Meta) is not having an outage right now.

Are people moving away from Facebook? ›

Shockingly, they reported, “for the first time, less than half of US internet users ages 12 to 17 will use Facebook via any device at least once per month”. In 2018, it is forecasted that the 25 and younger users will continue to decline with an estimated loss of 2 million users for Facebook.

What is the new name for Facebook? ›

The billing entity, Facebook, Inc. has changed to Meta Platforms, Inc. This means that: If you currently receive invoices from Facebook, Inc., you will start receiving invoices from Meta Platforms, Inc. instead for spend as of 1 February 2022 (which you will receive on the invoice dated 2 March 2022).

Is there an issue with Facebook right now? ›

User reports indicate no current problems at Facebook

Facebook is a social network where member share messages and status updates with online friends.

What are the problems with Meta? ›

It appears that Meta's customer support and response mechanisms have not been able to keep up with the demands of users and businesses. Meta's challenges extend beyond user frustrations. The rise of TikTok, with its explosive popularity, has forced Facebook to cut expenses and lay off more than 10% of its workforce.

Why is Facebook not working now? ›

Another reason for Facebook not working might be that your internet is down. Go into any other app or website and see if it's working. If it isn't, chances are you're having internet issues. Those operating over Wi-Fi or LAN can check the router and see if it's connected to the internet.

Are Oculus servers down? ›

User reports indicate no current problems at Oculus

Oculus offer virtual reality hardware and software products, including games.

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