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Marketplace All-in-One

When a cloud service that powers much of the internet goes down

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 20 October 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

There's been a major outage of Amazon Web Services, the Amazon system that does computing for other companies. The list of impacted sites and platforms is lengthy: Facebook, Snapchat, Reddit, Fortnite, Lyft, McDonald's, Robinhood, and Amazon itself, to name a few. We'll hear more. Plus, altcoins are poised to take a step into the financial mainstream, and China plans its economic future as it deals with tariff fallout and slowing economic growth.

Transcript

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0:00.0

Companies pay other companies to do their remote computing.

0:05.0

That's the cloud.

0:06.0

Overnight part of that cloud burst.

0:09.0

I'm David Brancaccio in Los Angeles.

0:11.2

There's been a major outage of the Amazon system that does computing for other companies,

0:16.0

cutting off some banks, social media sites, video games, and apps from the Lyft Car Service to McDonald's,

0:23.0

Marketplaces Mitchell Hartman has the latest.

0:25.5

Amazon Web Services is a major provider of cloud computing services, from servers to storage,

0:31.5

to many of the biggest companies in the world.

0:34.0

Starting in the early hours of Monday morning, the website Down Detector started reporting a spike in outages related to Amazon Web Services.

0:43.1

The list of websites and mobile apps that have reportedly been impacted includes social media sites, Facebook, Snapchat, and Reddit, cloud-based gaming sites, Roblox, and Fortnite.

0:54.8

Commercial services, including Lyft, McDonald's, T-Mobile, Verizon, and Amazon itself,

1:00.4

financial services such as Venmo and some airlines.

1:04.0

Stock trading platform Robin Hood was impacted, and Crypto Exchange Coinbase reported

1:09.8

that many users were unable to access its service.

1:13.7

Sites in the UK, including Lloyd's and the country's tax authority, were also down this morning.

1:19.9

Amazon said it was investigating problems with its data centers on the U.S. East Coast, centered in northern Virginia.

1:26.4

It reported after 5 a.m. Eastern Time that it was seeing

1:30.0

significant signs of recovery across its network. I'm Mitchell Hartman for Marketplace.

1:35.5

The perpetual financial roller coaster, otherwise known as crypto, has taken another dip.

1:40.9

Bitcoin is well off the all-time high of $126,000. It reached earlier this month.

1:46.6

It's now just below $11,000, down about 12% from the high. Along the way, there was a particularly

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