Amazon, AWS web outages affect Robinhood, Coinbase

Amazon, AWS web outages affect Robinhood, Coinbase
Amazon Web Services says it has identified the cause of 'increased error rates' and is working to fix it.
DEC 07, 2021
By  Bloomberg

Amazon.com Inc. and its cloud services division suffered widespread outages Tuesday that also affected several popular websites, including Robinhood, Coinbase and Netflix.

DownDetector, which monitors web connectivity, showed more than 20,000 complaints for Amazon and more than 11,000 for Amazon Web Services, at around 12:10 p.m. in New York. Websites including Robinhood, Coinbase and Netflix also experienced problems, according to DownDetector.

Some Amazon services, including music and video streaming, its voice-activated Alexa platform and security arm, Ring, were affected as well.

AWS said it has identified the cause of “increased error rates” and is working to fix it. Meanwhile, the company is directing customers to alternative servers in its western region that aren’t experiencing problems. The increased errors are in the eastern North American region. Multiple Amazon cloud-computing services were affected, including Amazon DynamoDB and Amazon Elastic Compute.

Amazon declined to comment and directed users to its AWS dashboard.

AWS is the leading cloud-computing provider, selling companies  computing power and software services on demand rather than maintaining their own data centers and teams in-house. Its customers include a wide range of industries and the federal government. If not quickly fixed, AWS problems can cascade quickly.

Latest News

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

Research highlights growing need for personalized retirement solutions as investors age
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

Insured Retirement Institute urges Labor Department to retain annuity safe harbor
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.