Amazon Web Services (AWS), a leading cloud computing platform, went down in the morning hours of Wednesday. Many applications – including Anchor, Adobe Spark, Flickr, SiriusXM and Roku reported disruption caused by this outage.
“The Kinesis Data Streams API is currently impaired in the US-EAST-1 Region. This issue has also affected our ability to post updates to the Service Health Dashboard. We are continuing to work towards resolution,” Amazon has updated in its service health dashboard.
A similar outage had earlier happened three years back, when a major portion of the internet was affected.
AWS is Amazon’s treasure mine, accounting for over half of the e-commerce giant’s operating income, despite contributing just about 12% of the overall topline. AWS accounts for about 33% of the $100-billion cloud market, followed by Microsoft’s Azure and Alphabet’s Google Cloud.
A slew of popular names – including Adobe, Autodesk, Expedia, ESPN, Lamborghini, Nokia, and Samsung – run their applications with the help of AWS.
Amazon shares were unaffected by the news and stayed in the green territory during the morning hours.
Most Popular
Shopify (SHOP): This recession-proof stock looks unstoppable. Here’s why
The virus-related movement restrictions have had a complementary effect on the business of Shopify Inc. (NYSE: SHOP), which was already thriving on the widespread cloud adoption and digital shift. The
IPO: Here are the things to know about Fresh Grapes’ market debut
There has been a spurt in the number of food and beverages companies going public lately, but many of them failed to perform as expected in the stock market. Fresh
Hormel Foods (HRL) fine-tunes biz strategy to beat challenges. Is the stock a buy?
For consumer staples companies, rising inflation is probably turning into a bigger challenge than the virus-induced supply chain disruption and store closures. After bettering its position since the early months
