Meta Platforms’ (META) popular social media apps, including Facebook and Instagram, were down on December 11 across much of the world due to what the company called “technical issues.”
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The widespread outages occurred late morning and impacted the social media company’s core apps, as well as Threads, WhatsApp and Messenger, according to statements from Meta Platforms and also reports from the internet-monitoring site Downdetector.
More than 100,000 users in all experienced problems accessing Facebook at one point during the day. Meta acknowledged the outage via a post on social media site X, formerly Twitter, saying it was, “aware that a technical issue is impacting some users’ ability to access our apps.”
Unknown Cause
Meta did not say what the issue was that had disrupted its apps around the world. “We’re working to get things back to normal as quickly as possible,” said the company in its X post said. A timeline for when service would be restored to normal wasn’t immediately provided.
Meta Platforms’ apps experienced a roughly two-hour outage in March of this year on the day of the Super Tuesday U.S. presidential primaries. However, since then, no mass outages have been reported by the company. More than three billion people worldwide use Meta’s apps on a monthly basis.
META stock has increased 90% year-to-date.
Is META Stock a Buy?
The stock of Meta Platforms has a consensus Strong Buy rating among 44 Wall Street analysts. That rating is based on 40 Buy, three Hold, and one Sell recommendations issued in the last three months. The average META price target of $663.13 implies 4.81% upside from current levels.
