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Real-time News
YouTube responded to the large-scale outage: We are investigating the issue, and while there is no solution yet, we will monitor it closely. We will keep you informed as soon as we have any updates.On February 18th, data from the internet monitoring website DownDetector showed that on Tuesday, local time, over 320,000 users in the United States reported experiencing issues with YouTube, owned by Alphabet (GOOG.O). As of 8:18 PM ET, a total of 321,958 users had reported problems with the social media platform. YouTube TV received 8,923 reports of problems on its website, while Google received 2,694. Google has not yet responded to these reports.February 18th - According to foreign media reports, the California Department of Motor Vehicles stated that Tesla (TSLA.O) has taken compliant steps regarding its marketing of its Autopilot features and will not face a 30-day sales ban in the state. The agency said in a statement Tuesday that Tesla has taken "corrective measures" to avoid a sales suspension. Last December, the company was given 90 days to achieve compliance after an administrative law judge ruled on allegations by state regulators that Tesla exaggerated the capabilities of its Autopilot and Full Self-Driving features in its marketing.Reserve Bank of New Zealand Governor Brehman will hold a monetary policy press conference in ten minutes.On February 18th, the Reserve Bank of New Zealand (RBNZ) kept interest rates at their lowest level in nearly three and a half years and hinted that a rate hike was likely in the near future given signs of increasing price pressures. In its post-meeting statement, the RBNZ said, "If the economy develops as expected, monetary policy is likely to remain accommodative for some time. The Committee will continue to carefully assess new data. As the pace of economic recovery accelerates and inflation continues to move toward the midpoint of the target, monetary policy will gradually return to normal." With the economy gradually recovering, but inflation remaining above the central banks target range of 1%-3%, policymakers remain cautious about when to begin phasing out monetary stimulus. This stance contrasts sharply with investor sentiment, who expect at least one rate hike in the fourth quarter; some economists even predict a tightening of monetary policy as early as September.
