Amazon European Sites Suffer Outage Due to ‘Hardware Failure’

Don’t blame the hackers.

Amazon.com (AMZN) said its websites in Europe suffered an outage of more than 30 minutes on Sunday night.

The online retailer said the outage was due to a “hardware failure” rather than a politically motivated cyber assault.

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“The brief interruption to our European retail sites earlier today was due to hardware failure in our European datacenter network and…

Continue reading Amazon European Sites Suffer Outage Due to ‘Hardware Failure’

Amazon European Sites Suffer Outage Due to ‘Hardware Failure’ originally appeared on DailyFinance on Mon, 13 Dec 2010 07:46:00.

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GE Agrees to Buy Wellstream for $1.3 Billion

General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion).

The deal is worth 786 pence per share of Wellstream, including a 6 pence sp…