BusinessPolicy

UK Competition Authority Challenges Getty-Shutterstock Merger Over Market Dominance Concerns

The proposed £245 million merger between Getty Images and Shutterstock faces regulatory hurdles as the UK Competition and Markets Authority warns of substantial competition concerns. Both companies must now propose remedies within one week to address issues identified in the Phase 1 investigation or face a more intensive Phase 2 review.

Regulatory Scrutiny Intensifies

The proposed merger between visual content giants Getty Images and Shutterstock has encountered significant regulatory obstacles, according to reports from the United Kingdom‘s competition watchdog. The Competition and Markets Authority (CMA) has determined that the combination poses a “major risk to competition” in editorial content supply both within the UK and globally.

CloudTechnology

Major AWS Outage Disrupts Key Internet Services and Applications

Amazon Web Services is experiencing a major service disruption that’s taking down numerous popular internet platforms. Services including Snapchat, Fortnite, and Asana are reporting full downtime as companies await resolution from AWS.

Widespread Internet Disruption Following AWS Outage

A significant Amazon Web Services outage is currently disrupting a substantial portion of the internet, according to reports from multiple technology companies and service status pages. The cloud computing platform, which serves as infrastructure for countless applications and websites, began experiencing issues in the early morning hours Eastern Time, with widespread effects being reported across popular services.

CloudTechnology

Major AWS Service Disruption Impacts Global Digital Platforms and Services

A significant Amazon Web Services outage has disrupted dozens of major websites and applications worldwide. Users reported widespread access issues across multiple platforms including social media, banking services and educational tools throughout Monday morning.

Global Digital Services Hit by Widespread AWS Outage

A major internet outage has disrupted dozens of websites and applications globally, with users reporting widespread access problems following infrastructure issues at Amazon’s cloud computing service, according to reports from multiple sources. The disruption affected popular platforms including Snapchat, Roblox, Signal and Duolingo, as well as Amazon-owned operations including its main retail site and Ring doorbell services.