Amazon Just Lost $1.8 Million in an HourLink. Thanks, Prof. Ignoto, and Ms. Ignoto.
E-commerce Site Was Down for 90 Minutes
June 6, 2008
NEW YORK (AdAge.com) -- E-commerce site Amazon went down this afternoon around 1:30 EDT and stayed down for at least an hour. Attempts to access Amazon.com were met with the following message: "Http/1.1 Service Unavailable." It's hard to know exactly how many dollars a minute Amazon loses in sales for every moment its site is down, but simple math pegs it at about $1.8 million an hour, based on Ad Age estimates.
Friday, June 06, 2008
Well, It's Not Like They Destroyed a Great Bank
Compared to Nick Leeson and Jerome Kerviel, these guys are pikers:
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