Down For 6 Hours, Facebook Loses IDR 856 Billion In Revenue

Facebook suffered huge losses due to the blackout. (photo: doc. unsplash)

JAKARTA - The entire Facebook social media service crashed last night, lasting nearly six hours around the world, including Indonesia. Of course, the decline in these services also resulted in Facebook's revenue plummeting overnight.

Fortune and Snopes reported that, quoted from CNET, Tuesday, October 5, they estimated that the world's largest social network had lost at least USD 60 million in revenue approximately IDR 856 billion since the application Instagram and WhatsApp, and Messenger went offline at around 11.15 a.m.

The two online outlets estimated a revenue loss for Facebook at 01.00 a.m. using figures the company reported when it released second-quarter earnings.

During that three-month period, Facebook reported revenue of about USD 29 billion. That means that Facebook generates revenue of around $319.6 million per day, USD 13.3 million per hour, USD 220.000 per minute, and USD 3.700 per second.

Then Fortune and Snopes used those numbers to calculate Facebook's revenue loss based on how long the service had been out of service. The forecast underscores the financial impact of the massive service downturn event on Facebook's advertising business.

As information quoted from CNN International, currently, Facebook, Instagram, WhatsApp, and Messenger services have gradually recovered. Although the coverage is still not evenly distributed globally.

Unfortunately, until now Facebook has been reluctant to talk about the causes of disruptions to its social media services. However, some security experts are quick to point to a Domain Name System (DNS) failure issue as a possible cause. DNS translates website names into computer-readable IP addresses.