The Daily Populous

Tuesday October 5th, 2021 morning edition

image for Facebook's Mark Zuckerberg loses $8.5b due to outage

Reporter Mark Stone explains the “strange coincidence” with Facebook, WhatsApp and Instagram all being down this morning.

Facebook's share price has been walloped by today's outage, stripping billions out of company CEO Mark Zuckerberg's personal fortune.

Business publication Forbes reported that Zuckerberg has lost US$5.9 billion ($8.5 billion) off the back of the global outage of Facebook, Instagram and Whatsapp.

This still leaves Zuckerberg with a cool fortune of around US$117 billion.

The company's share price slipped 4.8 per cent off the back of the outage.

The company did not say what might be causing the outage, which began around 11.45am ET Monday (4.45am NZT today).

Mark Zuckerberg is fighting a number of Facebook fires at the moment. »

Biden administration reverses Trump-era move that shut out Planned Parenthood from federal family-planning program

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Under the program, clinics around the country receive federal money to provide patients with sexually transmitted disease (STD) screenings, contraceptive care, and more.

Planned Parenthood Action Fund, its political arm, called Monday’s announcement “HUGE news for providers + millions of patients cut off from sexual/reproductive health services under the Trump administration - like STD treatment, cancer screenings, pre-pregnancy care, & counseling.”.

Planned Parenthood previously said in April when the Biden administration proposed reversing the rule change that services could begin as soon as next year should the change occur. »

Konami is Inviting Indie Developers to Make New Games Based on Some of Its Classic Series

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Konami has announced an indie game contest that actively asks small developers to make games based on some of its classic series, including Gradius, Ganbare Goemon, and many more.

Konami's Action & Shooting Game Contest asks indie creators to plan and develop new action games and shooters based on past Konami titles.

Through the collaboration of indie creators and Konami, these new works could potentially become commercial products. »

Instagram promoted pages glorifying eating disorders to teen accounts

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Proof that Instagram is not only failing to crack down on accounts promoting extreme dieting and eating disorders, but actively promotes those accounts, comes as Instagram and its parent companyare facing intense scrutiny over the impact they have on young people's mental health.

The extreme dieting accounts were promoted to an Instagram account set up by Sen. Richard Blumenthal's staff.

After CNN sent a sample from this list of five accounts to Instagram for comment, the company removed them, saying all of them broke its policies against encouraging eating disorders. »

Pandora Papers: An offshore data tsunami

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The Pandora Papers investigation also reveals how banks and law firms work closely with offshore service providers to design complex corporate structures.

The Pandora Papers information – the 2.94 terabytes in more than 11.9 million records – comes from 14 providers that offer services in at least 38 jurisdictions.

The Pandora Papers presented a new challenge because the 14 providers had different ways of presenting and organizing information. »