Facebook and Instagram hit by worldwide outage

Millions of people unable to access accounts

Services back up and running after two-hour outage

Facebook and Instagram have been hit by a worldwide outage that has left potentially millions of people unable to access their accounts.

The outage began on March 5, and users of the services were reporting their inability to log in, post or view content.

Meta, the parent company of Facebook and Instagram, said the outage was caused by a "technical issue" and that it was working to resolve the problem.

The outage comes just days after Meta announced that it was planning to lay off 10,000 employees.

Meta's stock price has fallen sharply in recent months, as investors have become concerned about the company's future prospects.

The outage is a major blow to Meta, which relies on its social media platforms to generate the vast majority of its revenue.

It is not yet clear what impact the outage will have on Meta's long-term growth prospects.

However, the outage is a reminder of the risks associated with relying on a single platform for communication and social interaction.

In the wake of the outage, many people have taken to Twitter to express their frustration and to share their experiences.

Some people have also used the outage as an opportunity to reflect on the importance of social media in their lives.

The outage is a major inconvenience for many people, but it is also a reminder of the importance of having a diverse range of communication channels.

In the event that one platform goes down, it is important to have other ways to stay connected with friends, family, and colleagues.