AWS BILLING GLITCH SHOWS $1.7B PHANTOM CHARGES
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Amazon Web Services acknowledged inaccurate estimated billing data affecting customers, with some seeing charges in the billions despite normal usage patterns. AWS confirmed the issue on its health dashboard.
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Amazon Web Services is investigating a widespread billing error that has generated false charges exceeding $3 billion for some customers. Multiple users report receiving inflated forecasts despite minimal or no recent AWS usage.
China will impose consumption taxes on solar panels and lithium-ion batteries, ending a decade-long exemption. The policy shift aims to control fierce competition in industries critical to the global clean-energy transition.
A deadly heat wave sweeping northwest Europe is intensifying across Spain and France, driving up electricity demand for cooling systems. Power grids face mounting pressure as temperatures approach record levels.
Overseas fintech companies including Revolut, Nubank, and Wise are expanding aggressively into the United States, drawn by the world's largest financial services market.