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Amazon Web Services outage takes down major websites including Reddit, Snapchat, and Venmo

It’s a good reminder of just how big AWS is — powering more than 76 million websites globally.

When Amazon’s cloud service sneezed this morning, huge chunks of the internet caught a bad cold.

First noted by Amazon Web Services at 12:11 a.m. PDT on Monday, the cloud service provider detected an “operational issue” in northern Virginia, a hub for its global data centers, affecting “multiple services” in its US-EAST-1 region.

What followed was a morning of app-based chaos around the world, as users reported that popular websites and services including Snapchat, Reddit, Roblox, United Airlines, and Paypal’s Venmo were suffering from the outage, according to Downdetector data. Most AWS services are now back to business as usual, as the “underlying DNS issue,” sometimes referred to as the internet’s phonebook, which directs recognizable website names to unique IP addresses, has been “fully mitigated.”

The long list of major websites that were affected by Monday’s outage reflects just how reliant our modern internet infrastructure is on a few giant tech companies.

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Data from Built With shows that a whopping 76 million website are built with AWS infrastructure, including more than 20,000 websites that earn more than $1 million every month.

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Originally developed from the e-commerce giant’s desire to build its own technology stack, AWS rents out its infrastructure to customers that want to make their products and services accessible all over the world without having to drop millions to buy the capital-intensive hardware themselves. AWS is now a major profit driver for Amazon, contributing 53% of its operating income as of the latest quarter, thanks to its dominant market position ahead of competitors Microsoft and Google.

Interestingly, investors largely shrugged off the outages; the stock briefly dipped a little over 1%, but it’s since bounced back as of 8:30 a.m. ET.

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Netflix is down amid reports it’s leading the Warner Bros. bidding war as Paramount cries foul

Netflix’s charm offensive appears to be working.

Netflix is reportedly emerging as the leader in the bidding war for Warner Bros. Discovery after second-round bids this week, edging out entertainment juggernaut rivals Comcast and Paramount Skydance.

Investors don’t appear psyched by the streaming leader’s turn of fortune: the stock is down on Thursday morning, a day after closing down nearly 5% following reports that scooping up HBO Max wouldn’t necessarily result in a big market share boost.

Paramount, which has reportedly made five bids for Warner Bros. Discovery, doesn’t love the current state of play, either. The company sent WBD a letter questioning the “fairness and adequacy” of the process, highlighting reports that WBD’s board favors Netflix and is resisting Paramount.

Any offer would be subject to regulatory approval — a fact that may have weighed against Netflix’s offer given that cofounder Reed Hastings’ politics are vocally to the left, very much at odds with the current regulatory regime. Paramount seems confident in its ability to get approval, reportedly boosting its breakup fee to $5 billion should its potential acquisition fall apart in the regulatory process.

Investors don’t appear psyched by the streaming leader’s turn of fortune: the stock is down on Thursday morning, a day after closing down nearly 5% following reports that scooping up HBO Max wouldn’t necessarily result in a big market share boost.

Paramount, which has reportedly made five bids for Warner Bros. Discovery, doesn’t love the current state of play, either. The company sent WBD a letter questioning the “fairness and adequacy” of the process, highlighting reports that WBD’s board favors Netflix and is resisting Paramount.

Any offer would be subject to regulatory approval — a fact that may have weighed against Netflix’s offer given that cofounder Reed Hastings’ politics are vocally to the left, very much at odds with the current regulatory regime. Paramount seems confident in its ability to get approval, reportedly boosting its breakup fee to $5 billion should its potential acquisition fall apart in the regulatory process.

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Delta says the government shutdown will cost it $200 million in Q4

The 43-day government shutdown that ended last month will result in a $200 million ding for Delta Air Lines, the airline said in a filing on Wednesday.

That’s about $100,000 per shutdown-related canceled flight. (Delta previously said it canceled more than 2,000 flights due to FAA flight reductions.) When the company reports its fourth-quarter earnings, the shutdown will lop off about $0.25 per share.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

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