How Facebook lost $99.5m revenue during downtime

Facebook

Facebook founder and CEO Mark Zuckerberg. PHOTO | FILE | AFP 

Facebook Inc lost an average of Sh24.5 million during every minute it was affected by a service downtime that hit its key applications on Monday.

This is according to an estimate by Fortune, the US-based business magazine, which estimated that the tech giant lost a total of Ksh11 billion ($99.5 million) in revenues following the six-hour global outage on Facebook, Instagram, WhatsApp, Messenger and Oculus.