High traffic sites — including Reddit, Amazon, CNN, Paypal, Spotify, Al Jazeera Media Network, the New York Times, Financial Times, the Guardian, and Bloomberg News — went down, according to outage tracking website Downdetector.com.
They came back up after outages that ranged from a few minutes to around an hour. “Our global network is coming back online,” Fastly said.
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“Incidents like this underline the fragility of the internet and its dependence on a patchwork of fragmented technology. Ironically, this also underlines its inherent strength and how quickly it can recover,” Ben Wood, chief analyst at CCS Insight said.
“The fact that an outage like this can grab headlines around the world shows how rare it is.”
Fastly, which went public in 2019 and has a market capitalization of under $6 billion, is far smaller than peers like Amazon's AWS. The company’s content delivery network (CDN) helps websites move content using less-congested routes, enabling them to reach consumers faster.
“In the grand scheme of things, we actually think that this is a little bit of a positive for other CDNs and also just shows how difficult managing a CDN can be,” said James Fish, analyst at Piper Sandler & Co.
Apart from Fastly, the other main CDN providers include Akamai Technologies, Cloudera and AWS.
The UK’s attorney general earlier tweeted that the country’s main gov.uk website was down, providing an email for queries. The disruption may have affected citizens booking Covid-19 vaccinations or reporting test results, the Financial Times reported.
The company behind the outage
US-listed Fastly, founded in 2011, operates a content delivery network, a distributed group of servers that work together to provide fast delivery of content.
It moves content closer to end users, in theory helping sites manage traffic spikes and mitigate security threats.
What did it say?
Fastly said it was investigating an issue with its CDN services at 0958 UTC (3:28 pm IST) on Tuesday. At 1044 UTC (4:14 pm IST), it said the issue had been identified and a fix was being implemented. At 1057 UTC (4:27 pm IST), it said the issue has been identified and a fix has been applied.
What is it worth?
Shares in Fastly, which went public in 2019, peaked at $136.5 in October. They closed on Monday at $50.7, giving the San Francisco-based company a market capitalisation of $5.87 billion.
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