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AMAZON.COM, INC.

(AMZN)
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Google Cloud, Snap, Spotify back up after brief outage

11/16/2021 | 06:32pm EST
FILE PHOTO: FILE PHOTO: Amazon's JFK8 distribution center in Staten Island, New York City

(Reuters) - Multiple social media apps such as Snapchat, Spotify and Alphabet's Google Cloud appeared to be coming back online after a brief global outage on Tuesday.

Google said issues with its Cloud Networking, which counts Etsy, Spotify and Snap Inc as clients, were partially resolved shortly after thousands of users flagged it on outage tracking website downdetector.com.

Google Cloud's dashboard earlier showed that services including cloud developer tools, cloud console and cloud engine were facing disruptions.

Spotify had said it was aware of "some issues right now and are checking them" after more than 50,000 users reported issues on downdetector, but those disruptions have since been resolved, according to the website.

"Many Snapchatters are having trouble using the app. Hang tight, we're working on a fix. In the meantime, we recommend staying logged in," Snapchat support said earlier in a tweet.

Fastly, the cloud company behind a major global internet outage in June, said it was seeing increased errors with origins in a "common cloud provider, unrelated to Fastly's edge cloud platform."

Tuesday's brief disruption follows a six-hour widespread outage last month that crippled Meta Platforms Inc, formerly known as Facebook, after faulty configuration changes on the company's routers.

Downdetector only tracks outages by collating status reports from a series of sources, including user-submitted errors on its platform. The outage might have affected a larger number of users.

(Reporting by Nivedita Balu in Bengaluru; additional reporting by Tiyashi Datta and Akash Sriram; Editing by Devika Syamnath)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -0.65% 2702.33 Delayed Quote.-6.72%
AMAZON.COM, INC. -1.65% 3125.98 Delayed Quote.-6.25%
META PLATFORMS, INC. 0.45% 319.59 Delayed Quote.-4.98%
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Analyst Recommendations on AMAZON.COM, INC.
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Financials (USD)
Sales 2021 470 B - -
Net income 2021 21 061 M - -
Net cash 2021 38 032 M - -
P/E ratio 2021 76,7x
Yield 2021 -
Capitalization 1 585 B 1 585 B -
EV / Sales 2021 3,29x
EV / Sales 2022 2,76x
Nbr of Employees 1 298 000
Free-Float 82,7%
Chart AMAZON.COM, INC.
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Amazon.com, Inc. Technical Analysis Chart | AMZN | US0231351067 | MarketScreener
Technical analysis trends AMAZON.COM, INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 50
Last Close Price 3 125,98 $
Average target price 4 135,86 $
Spread / Average Target 32,3%
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Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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