ZUCKERBERG LOSES BILLIONS IN HOURS

Mark Zuckerberg's personal wealth fell by nearly US$7 billion in just a few hours on Monday, knocking him down a notch on the list of the world's richest people, after a whistleblower came forward and outages took Facebook Inc.'s flagship products offline. A sell-off sent the social media giant's stock plummeting almost five per cent on Monday, adding to a drop of about 15 per cent since mid-september. The stock slide on Monday sent Zuckerberg 's worth down to US$120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index. The social media giant said on Monday that it, Instagram and Whatsapp went offline for users across the globe. Facebook was inaccessible because users were not being directed to the correct place by the Domain Name System. Facebook itself controls the relevant settings.