Five Companies That Dropped The Ball This Week

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Amazon Web Services Goes Down, Company Reports Quarterly Loss

An outage in Amazon Web Services took out several high-profile websites, some for several hours, in the latest incident highlighting the unpredictability of cloud infrastructure.

The outage took down Amazon's Elastic Beanstock services, Management Console for Elastic Beanstock Services, Relational Database Service, ElasticCache, Elastic Compute Cloud and CloudSearch. Reddit, Pinterest and Airbnb were among the customers impacted by the issue.

Meanwhile, Amazon reported a loss of $274 million, or 60 cents a share, in its fiscal third quarter, breaking its streak of 18 consecutive quarters of profit.

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