Global Outages Cause Chaos, Paytm Faces Regulatory Challenges

Banks, airlines, and brokerage houses report widespread outages across the globe. Paytm's loss widens and revenue shrinks following a regulatory clampdown. Plus, the FTC blasts Microsoft's new 'degraded' Xbox Game Pass Standard tier and price increases. Also, breaking news of Xbox Live being down and its impact on the gaming community.

Sources:
https://techcrunch.com/2024/07/19/banks-airlines-brokerage-houses-report-widespread-outages-across-the-globe/
https://techcrunch.com/2024/07/18/paytm-loss-widens-and-revenue-shrinks-following-regulatory-clampdown/
https://www.theverge.com/2024/7/18/24201576/ftc-microsoft-xbox-game-pass-price-increases-standard-tier
https://www.theverge.com/2024/7/18/24201568/xbox-live-down-outage-account-sign-in-error

Outline:
(00:00:00) Introduction
(00:00:43) Banks, airlines, brokerage houses report widespread outages across the globe
(00:03:09) Paytm loss widens and revenue shrinks following regulatory clampdown
(00:05:50) FTC blasts Microsoft’s new “degraded” Xbox Game Pass Standard tier and price increases
(00:08:21) Xbox Live is down