Wednesday 13 November 2013

Was YouTube hacked? More bad news for Google as video giant goes down within hours of firm losing $24billion



Many users faced with message that 'highly trained monkeys' were fixing the site prompting fears that it had been hacked

There was further chaos at Google today as its YouTube site went down within hours of the search engine's catastrophic stock market tumble which saw the company lose $24billion.

Some YouTube users were faced with an error message when they visited the site - and the wording suggested it was the work of hackers.

At 4.40pm on Thursday, a block of computer code appeared on the screen along with the words: 'Sorry, a team of highly trained monkeys has been dispatched to deal with this situation. If you see them, show them this information.'

YouTube posted on Twitter: 'Some of you may have encountered issues using YouTube today.

'Our engineers worked quickly to make the fix. Sorry!'

Today the firm said: 'Some users encountered errors, or a slower than normal experience on YouTube today for a few minutes.

'Our engineers worked quickly to address the issue and fixed the problem.

'We're sorry for any inconvenience this caused our users.'

Since it was launched in February 2005, YouTube has become the go-to site for video on the web, hosting not only amateur clips but a large number of professional channels.

YouTube, which is based in San Bruno, California, was bought by Google for $1.65billion in 2006.

Google suffered the single largest plunge in stock market history on Thursday when $24billion (£15billion) was wiped off the company's value after its results were accidentally released.

The catastrophic error revealed that profits were down by 20 per cent.

Trading in the company's stock was halted when its shares fell by nine per cent in just eight minutes following the release of its disappointing earnings report.

The report was leaked ahead of schedule when a printing firm working for Google put out an incomplete press release without authorisation from the online giant.

The plunge prompted worries that a second dot.com crash could be on the way. Google's troubles coincide with a steady fall in Facebook's share price and the ongoing struggles of newer start-ups such as Groupon and Zynga.

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