A worldwide disruption of Amazon Web Services on Monday could carry a staggering financial toll reaching into the hundreds of billions of dollars, according to experts cited by CNN.
The outage crippled vast swaths of the internet, halting operations for major companies and revealing how dependent global commerce has become on Amazon’s cloud infrastructure.
Amazon said its systems are now back online after connectivity issues persisted for much of the day. The company reported it had “fully mitigated” an earlier failure, though problems continued to affect some users even after recovery efforts were declared complete.
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