Major social media sites including Twitter, YouTube, and Instagram all faced outages last night. Although changes to Twitter may have caused some problems unique to that site, they can't explain the significant outages suffered by Facebook's Instagram and Google's YouTube.
Snap, the parent company of the popular Snapchat social media app, recently reported disappointing fourth-quarter earnings due to ongoing issues with digital ads. The company also forecasted a drop in revenue of up to 10 percent for the upcoming quarter.