AT&T said the hourslong outage to its U.S. cellphone network Thursday appeared to be the result of a technical error, not a malicious attack.for thousands of its users across the U.S. starting early Thursday before it was restored.“Based on our initial review, we believe that today’s outage was caused by the application and execution of an incorrect process used as we were expanding our network, not a cyber attack,” the Dallas-based company said.
During the outage, some iPhone users saw SOS messages displayed in the status bar on their cellphones. The message indicates that the device is having trouble connecting to their cellular provider’s network, but it can make emergency calls through other carrier networks, according to Apple Support.The Federal Communications Commission contacted AT&T about the outage and the Department of Homeland Security andThe FBI acknowledged it had been in touch with AT&T.
Would you join us to help keep our stories free for all? Your contribution of as little as $2 will go a long way. We cannot do this without your help. Support our newsroom by contributing as little as $2 to keep our news free for all.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solana explains outage as SOL continues to pumpThe recent outage that halted transactions on the Solana mainnet for five hours was due to a known bug identified by developers last week,
Source: CryptoAmb - 🏆 22. / 68 Read more »
Despite Solana’s recent outage, this exec remains positiveSolana's recent outage had raised several questions and speculations among investors. However, amid all doubts, the optimism remains strong.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Toronto hit with power outage suspiciously in the shape of a giant dongHundreds are affected by a decently-sized power outage in Toronto, though it's not exactly the size that matters in this electric interruption, but...
Source: blogTO - 🏆 44. / 63 Read more »
Bank of Canada governor says cap on international student enrolments may ease rent price inflationBank of Canada governor Tiff Macklem believes that the newly announced cap on international student enrolments will help ease rent price inflation. The federal government has implemented a two-year limit on new study permits to address the strain on the housing market caused by strong population growth. While many economists agree that capping study permits may moderate rent price inflation, the extent of its impact on rental prices remains uncertain.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Market Valuation and Forward Returns Show No Correlation, says CitiCiti US equity strategy director Drew Pettit states that the correlation between market returns and price to earnings ratio (PE) is almost zero over the past 20 years. The S&P 500 is currently trading at a PE ratio of 22, which is in the 92nd percentile for the last 20 years. Citi's equity strategy team remains optimistic about stocks, despite this valuation. They predict the index to close the year at 5,100.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Fed’s Bowman Says It’s Still Too Soon to Consider Lowering RatesFederal Reserve Governor Michelle Bowman believes it is premature to consider lowering interest rates. Emerging-market stocks outperform Chinese peers. Bank of America reduces CEO Moynihan's pay. Stock markets reach new highs despite big-tech trade splintering. Financial advisors' qualification requirements are insufficient. 'Loud budgeting' trend emerges on TikTok. Experts warn of regulatory gaps in 'buy now, pay later' trend. Tips provided for a prosperous new year in 2024. Changes to CPP deductions starting in 2024. Refreshing finances for 2024 involves taking stock and making overhauls. Canada's proposed share buyback tax explained. GIC becomes a game changer in investment portfolios. Homebuyers in Canada unwilling to wait for interest rates to decrease. Regional-bank tumult results in a net gain of $1.
Source: BNNBloomberg - 🏆 83. / 50 Read more »