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CNBC reported that the outage was the worst experienced by Facebook since 2008. [21] During the day of the outage, shares in the company dropped by nearly 5% and Facebook CEO Mark Zuckerberg's wealth fell by more than $6 billion. [21] [22] [23] According to a report produced by Fortune and Snopes, Facebook lost at least $60 million in ...
Hyves was a social networking site in the Netherlands with mainly Dutch visitors and members, where it competed with sites such as Facebook and MySpace. Hyves was founded in 2004 by Raymond Spanjar and Floris Rost van Tonningen. [1] The service was available in both Dutch and English. [2] In May 2010 Hyves had more than 10.3 million accounts.