aws outage taking down everything except this beautiful cockroach of a website

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aws outage taking down everything except this beautiful cockroach of a website

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It sure has been a fun day of finding out what services are back-ended by AWS!
Amazon Web Services (AWS) is experiencing a global outage. Mametchi is not happy.
When Amazon Web Services went offline, people lost control of their cloud-connected smart beds, getting stuck in reclined positions or roast
Sleepers snoozing in Eight Sleep smartbeds had a bad night on Monday when a major outage of Amazon Web Services (AWS) caused their beds to malfunction. Some were left with the bed’s heat blasting, others were left in a sitting position and unable to recline. One woman said her bed went haywire and she had to unplug it from the wall.
People finally learning first hand why Internet Of Things (IOT) is stupid and bad. The AWS thing was temporary, and the beds came back to life. Most of them, anyway.
But what happens when Eight Sleep goes out of business?
Or simply rolls out a new, "improved" version of the product that obsoletes the old stuff? They can turn the servers off at any time, or lock customers out on a whim. Their TOS permits that. Google has done that repeatedly with smart light bulbs, smart thermostats, and doorbell cameras.
All for a ridiculous fake requirement. After all, beds do not need internet capability.

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Look all I'm saying is that the network of websites I've put together which my community has started calling "The Deviverse" remains unaffected by the us-east-1 outage
I'll remain smug about it until the next time it crashes.
(source)
The Contrarian Thesis Siemens is a dying dinosaur. This bloated industrial conglomerate is a relic of the 20th century, masquerading as a 21st-century tech player. Its complexity is a fatal flaw, not a feature. The market is pricing in a 'digital transformation' narrative that is pure fantasy, peddled by management and consumed by naive investors who have never run a real business. This is not an industrial powerhouse; it's a bureaucratic labyrinth on the verge of collapse. Intrinsic Value Calculation The valuation is criminal. Our DCF model, which generously assumes Siemens can avoid falling off a cliff, yields an intrinsic value of €31.36. The market price of €233.45 is completely detached from reality. This isn't a premium; it's a delusion. A Margin of Safety of -644.38% is not a red flag; it's a declaration of market insanity. We are witnessing one of the great large-cap bubbles of our time. Moat Durability The moat is a castle made of sand, and the tide is coming in. Siemens operates in a dozen disconnected sectors, from trains to turbines to software, and is best-in-class at none of them. Its scale creates diseconomies, massive overhead, and crippling inertia. Focused, agile competitors are not attacking the fortress; they are simply walking around it and stealing its customers. The 'synergies' are a lie told in boardrooms to justify a broken model. Final Verdict This is the short of the decade. The chasm between price and fundamental value is one of the most extreme we have ever witnessed in a major global stock. We are aggressively short SIE.DE with an initial price target of €50, and even that feels generous. The catalyst will be a simple earnings miss that shatters the 'digital' illusion and forces the market to confront the decaying industrial reality. Get short or get run over.