Emergency Meeting Held in Riyadh to Discuss Impact of Global Tech Outage

Hundreds of flights were affected at several airports around the world as a result of the global IT outage. (EPA)
Hundreds of flights were affected at several airports around the world as a result of the global IT outage. (EPA)
TT

Emergency Meeting Held in Riyadh to Discuss Impact of Global Tech Outage

Hundreds of flights were affected at several airports around the world as a result of the global IT outage. (EPA)
Hundreds of flights were affected at several airports around the world as a result of the global IT outage. (EPA)

The Riyadh-based Digital Cooperation Organization (DCO) said in a statement that it will hold urgent discussions with Member States and digital economy experts to address the implications of the global IT outage that disrupted vital operations around the world, affecting businesses including airlines, banks, broadcasters, software providers, and more.
In a statement reported by the Saudi Press Agency (SPA), the nine-country organization said: “The high level of impact the world witnessed as a result of the unfortunate outage is alarming and indicates the dire need for a more effective and agile international digital cooperation.
“The incident raised questions on continuity and sustainability in a world rapidly moving towards being highly dependent on digital channels and platforms. It is very crucial that the international community develops proper policies and protocols to mitigate the risks of such incidents and ensure the continuity of at least essential operations”, it added.
The DCO Secretariat General called for an urgent deliberation to “capture the lessons learned from this incident, assess its impact on national digital transformation plans, and plan practical steps to ensure that relevant stakeholders across sectors are aligned and ready to deal with such mishaps.”
The DCO is an international organization concerned with enhancing cooperation in all fields driven by innovation and accelerating the growth of the digital economy. It was established in November 2020 as part of Saudi Arabia’s efforts during its presidency of the G20 to promote the growth of the digital economy and digital transformation around the world.

 



US Online Sales Hit $7.2 bln on First Day of Amazon Prime Day Event, Adobe Says

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo
TT

US Online Sales Hit $7.2 bln on First Day of Amazon Prime Day Event, Adobe Says

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States, according to a report from Adobe Analytics on Wednesday.

Major retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with the Amazon sales event, according to Reuters.

Adobe Analytics, which studies e-commerce transaction data, had forecast that consumers could spend $7.1 billion online across retailers on Tuesday, up 11.3% from a year earlier.