An ordinary anchor-drop may have been the cause of a bandwidth drop so large it's affecting stock markets
By Gregory MonePosted 01.31.2008 at 6:21 pm 1 Comment
Snapped undersea cables off the coast of Egypt have cut bandwidth in India to half its normal capacity. Users from Bangladesh to Egypt have been affected, and even Dubai's stock exchange experienced some problems late Wednesday. Big companies with backup plans probably won't be hurt too badly, but the outsourcing industry could experience some hiccups, as all those administrative and customer-service-related tasks could slow.