Here's Why You Should Buy Facebook Right Now
In this video, I will be talking about the Facebook (NASDAQ: FB) outage and the whistleblower situation. Facebook and all of its services were down on Monday, October 4, one day after a whistleblower came out and talked about the company's "malpractice." Regardless of all the noise, I still think Facebook is a long-term buy. You can find the full video below.
Monday, Oct. 4 will be remembered as the day most of our communication services went down. But what happened exactly? Facebook's DNS (domain name system) and other services were down. It appeared that its BGP (border gateway protocol) routes had been withdrawn from the internet. In simple words, all "road signs" that indicate where Facebook is located on the internet disappeared. The issue was so bad that it couldn't be fixed remotely. Engineers had to be called to the data centers to try to fix it.
The timing of this event raised some questions because it happened one day after a whistleblower went on record to talk about Facebook's and Mark Zuckerberg's "unethical" behavior. Most of what that person said was already known to the public. More on that in the video.
Source Fool.com