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Fastly Slips As NYT, Reddit, Other Global Websites Disrupted

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Investing.com — Shares in cloud computing services provider Fastly (NYSE:FSLY) were lower in  premarket trade on Tuesday after many of the global websites it supports experienced outages.

‘Error 503’ showed up on home pages of several websites like New York Times (NYSE:NYT), Reddit and that of the U.K. government. Bloomberg was disrupted too but was restored soon after.

Major websites like Twitch, The Verge, and Benzinga were also affected.

Fastly, which runs a content-delivery network to push data quickly around the internet, said that it had identified the issue that caused a global outage of its services at 11:44 a.m. London time, about an hour after it first disclosed the issue, and was implementing a fix, Bloomberg said.

Fastly hosts a service that large enterprises use to serve content to millions of users simultaneously. Rather than hosting all website content on a single set of servers in one location, Fastly puts cloud infrastructure in dozens of locations to let people download from a server closest to them.

Down Detector, a website that tracks service outages across the internet, reported spikes in user-reported issues with websites from Amazon (NASDAQ:AMZN) and Spotify (NYSE:SPOT) to Twitch, Shopify (NYSE:SHOP) and Etsy (NASDAQ:ETSY) on Tuesday, according to the Bloomberg report.

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