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

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

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.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave