Social media giant Facebook Inc cited faulty configuration changes on its routers as the root cause of the nearly six-hour outage that prevented the company’s 3.5 billion users from accessing its social media and messaging services. “Our engineering teams have learned that configuration changes on the backbone routers that coordinate network traffic between our data...
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Virgin Money to Closes 31 of its Branches as the majority of its clients move into online banking Richard Branson’s Virgin Money UK plans to close almost one 31 of 162 branches in the coming months as more customers shift to online banking. The British bank said the latest lender to cut back its high-street...
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Mastercard launched a buy now, pay later service, tapping into a market that is threatening to chip away at the dominance of credit cards as a main source of payments. The buy now, pay later sector was fast tracked during the COVID-19 pandemic as cash-strapped shoppers were attracted to the service due to the ease...
Facebook, WhatsApp and Instagram are back Online after 6 Hours of Outage
Facebook Inc. suffered a devastating outage that shut out many of its 2.7 billion global users, idled some of the company’s employees and prompted a public apology from the chief technology officer. Users around the world were unable for hours Monday to access Facebook’s family of social-media apps, including the main social network, photo-sharing app...