
Facebook users report outages
Facebook users are reporting outages on the social media platform Thursday morning, according to third-party website DownDetector.
Issues appear to be related to the app's ability to load multiple posts. It is currently unclear how many users are affected.
Beginning shortly after 4 a.m. ET, DownDetector saw a rise in user self-reports of outages, rising to a peak of 46 reports around 7 a.m.
At time of this writing, 90 per cent of the outage reports were related to the Facebook app.
Facebook outage Aug 14 2025
(Downdetector)
U.S. Facebook users have also reported outages, peaking at 407 incidents as of shortly before 7 a.m.
This is a developing story. More details to come.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Edmonton Journal
a day ago
- Edmonton Journal
The dangers of Canada leaving its digital sovereignty in American hands
Article content What are some of the biggest gaps in Canada's digital sovereignty? Article content I think that we do lack, to a large extent, sufficient capacity to operate on our own, to have a digital ecosystem that can function without American companies. And so, if you think about our digital ecosystem, most social media platforms, if not all, are American companies. If you think about data centres, the main ones that are operating right now and that we rely on, are either in the United States or are owned by American companies on Canadian soil. Article content On the regulatory side, we have also seen the government struggling over the years, to enforce its own regulations, or to even want to regulate these platforms. So we threaten these companies, Google and Meta, to basically leave the country. Article content More recently, the government decided to move back on this decision to impose digital services taxes, and it's an example of where the Canadian government seems to be struggling, because it relies primarily on American companies. Article content Article content So to summarize what I just said, I think just this lack of the ability to offer basic digital services by Canadian companies is one of the big gaps right now. Article content What risks could Canada face if it continues to rely heavily on U.S.-based cloud providers and tech companies? Article content In times of crisis, they can be used as leverage against the Canadian government, so like during this trade negotiation, they can threaten to stop offering some services to Canada. There's also the risk that when the government tries to regulate these companies, they can just threaten to exit the country. Article content Article content What do you suggest Canada should do? Article content I think there should be a strategy to invest and develop more national digital ecosystems, to reduce the reliance on American companies. It also should not shy away from regulating these big tech companies and level the playing field for Canadian companies. Basically, making sure they are being taxed, and that they contribute to the national economy. Article content Also, promoting the use of more open source software, in public administration and the digital ecosystem, could help reduce reliance on big tech companies, and prioritize the development of more digital expertise in Canada. Article content When you're thinking of all the big projects the government wants to launch, like big national infrastructure projects, I think it would be a good moment to invest in having more data centres owned by Canadian companies, funded by the government.


Globe and Mail
2 days ago
- Globe and Mail
Arm Holdings Shares Up 15% in 2025: Is it Time to Buy, Hold, or Sell?
Arm Holdings plc ARM has seen its shares rise 15% year to date, trailing the broader semiconductor industry's 22% advance over the same timeframe. This analysis reviews the company's recent performance and explores whether ARM currently offers a compelling case for investors to buy, hold, or sell. Dominance in Mobile: ARM's Energy-Efficient Advantage ARM's core strength in power-efficient chip architecture remains central to its leadership in mobile computing. Its designs power sleek, energy-saving devices from Apple AAPL, Qualcomm QCOM, and Samsung, making ARM the foundation of today's mobile innovation. As demand for performance on minimal power rises, Arm Holdings' chips continue to dominate smartphones and tablets. Apple leverages ARM's architecture for its M-series chips, while Qualcomm depends on it to power its Snapdragon lineup. Samsung integrates ARM designs across mobile and consumer electronics, further affirming its critical role. ARM's proven ability to balance high efficiency and low power draw has solidified its status in the mobile era. Riding the AI and IoT Wave: ARM's Expanding Influence ARM is rapidly emerging as a foundational player in the age of artificial intelligence (AI) and the Internet of Things (IoT). As Apple, Qualcomm, and Samsung pursue AI-driven innovation, they are increasingly relying on ARM's flexible and energy-efficient architecture. AI models are being embedded into everything from wearables to cloud data centers, and ARM's chips are built to meet these growing demands. Apple continues to scale its AI integration on ARM-based silicon, Qualcomm expands its AI capabilities in mobile and automotive, and Samsung explores next-gen IoT through Exynos chips powered by ARM. With machine learning and edge computing at the forefront, ARM is becoming an indispensable infrastructure for the next wave of tech advancement. China Headwinds: RISC-V Emerges as a Strong Rival ARM faces notable risks due to its significant exposure to China, its second-largest market. Growth in the region has been sluggish, and one potential reason is the rising adoption of RISC-V, an open-source chip architecture increasingly favored by Chinese firms. This trend may soon accelerate, as the Chinese government prepares to issue formal guidelines aimed at promoting the development and widespread use of RISC-V technology. Such state-backed support could further weaken ARM's position in the Chinese semiconductor ecosystem over the coming years. Given China's strategic focus on reducing dependence on foreign chip architectures, the company's reliance on this market presents a long-term concern. If RISC-V adoption continues to gain traction, Arm Holdings' growth prospects in China could remain muted, affecting its broader global momentum. These evolving competitive dynamic highlights a key vulnerability in ARM's business model that investors should closely monitor. CPU Venture Risks: Potential Strain on Key Partnerships ARM's potential move into producing its own CPUs presents both an opportunity and a risk. On one hand, entering the hardware space could significantly expand its total addressable market and drive revenue growth. However, this strategy could also backfire by turning Arm Holdings into a direct competitor to its top customers, potentially straining key relationships. The risk is heightened by reports that the company is hiring talent away from these same clients, which may further fuel tensions. While the hardware push offers upside, it could alienate partners and jeopardize existing licensing revenues from major chipmakers. At the same time, ARM's move to develop its CPUs could significantly compress its gross margins, as the company would begin absorbing the direct costs associated with chip manufacturing. Earnings Forecast Cuts Signal Short-Term Challenges ARM may face near-term headwinds as analyst sentiment turns cautious. Over the past 30 days, three downward revisions have been made to its third-quarter fiscal 2026 earnings estimates, with two upward adjustments. Notably, the Zacks Consensus Estimate for earnings has dropped by 3% during this period, signaling potential softness in revenues or margin performance. Such cuts can weigh on investor confidence and may lead to increased volatility in the stock until visibility around growth drivers improves. Premium Valuation Raises Investor Caution ARM stock is currently expensive. It is priced at around 74.12X forward 12-month earnings per share, significantly higher than the industry's average of 40X. When looking at the trailing 12-month EV-to-EBITDA ratio, ARM is trading at around 114.03X, far exceeding the industry's average of 18.08X. Conclusion: Risks Overshadow Potential Gains for ARM ARM may no longer justify investor confidence, despite its leadership in power-efficient chip architecture and rising relevance in AI and IoT. The company faces multiple headwinds, including weakening growth in China due to increasing adoption of rival technologies like RISC-V, as well as potential fallout with top clients as it pushes into CPU manufacturing. This shift could hurt existing partnerships and pressure margins. Analyst sentiment has also turned negative, with multiple downward revisions to earnings estimates. Coupled with an overstretched valuation compared to peers, these factors suggest limited upside. Investors may want to exit positions before challenges deepen further. ARM currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report ARM Holdings PLC Sponsored ADR (ARM): Free Stock Analysis Report

2 days ago
Is the stock market in an AI bubble?
Stock markets surged again this week, reaching new all-time highs. Yet again, gains in financial markets were driven by a handful of companies focused on artificial intelligence. Tech giants like Meta and Nvidia have seen their values soar while investors wait breathlessly for OpenAI, Anthropic and Perplexity to go public. But for all the enthusiasm, some investors are worried. They say we've been down this road before. And they're pointing to the dot-com bubble in the 1990s, when tech companies skyrocketed in value, only to see the bubble burst in early 2000. The difference between the IT bubble in the 1990s and the AI bubble today is that the Top 10 companies in the S&P 500 today are more overvalued than they were in the 1990s, wrote Torsten Sløk, chief economist at the economics research firm Apollo in a note on his website (new window) , citing the price-to-earnings ratios of the companies, a common measure of whether a company's stock may be overvalued. In other words, he says, this time the bursting bubble could be even worse that it was. And that's saying something. The dot-com bubble in the 1990s had many similarities to the market today. A new technology was offering a potential game-changing way of doing business, and everyone wanted a piece of it. Enlarge image (new window) Facebook CEO Mark Zuckerberg speaks about Meta's augmented reality glasses at Meta Connect in September 2024. The Meta AI artificial intelligence assistant can now make conversation with users, on some apps or connected glasses from the American group, which dreams of taking the lead in the AI companion race. Photo: afp via getty images When the bubble burst Many of today's biggest companies were founded in those nascent days of the internet. Companies like Apple, Amazon and Microsoft were key pillars to the then-new wave of technology companies. But other giants of the day failed and were wiped out when the bubble burst. Companies like and WorldCom raised hundreds of millions of dollars and collapsed. From 1995 to March of 2000, the NASDAQ index had climbed 80 per cent. Then the bubble burst. By October of 2002, the NASDAQ had dropped by a staggering 78 per cent from its peak, wiping out all the gains it made during the bubble. Today, it's not hard to find similarities in the markets. Investors are flocking into a space they don't fully understand, before the use-case application of the underlying technology is established. The real economy is struggling to find its footing amid all the turmoil and uncertainty associated with Trump's trade war and on-again, off-again tariffs. Job growth has slowed and the U.S. economy shrank in the first three months of the year. Some of America's biggest companies have been clobbered by tariff costs. GM says tariffs led to a $1.1-billion drop in profits. Ford posted its first quarterly loss in years. And still, stocks are at all-time highs and there is a clear sense of FOMO (fear of missing out). Every bubble in modern market history has been based on a narrative, whether it be the internet or real estate, wrote Wall Street trader Tom Essaye in his newsletter Sevens Report. Today, that potentially bubble-inflating theme is unquestionably AI technology. What looks different this time But for all the similarities, there are some very obvious differences as well. Barry Schwartz joined the investment firm Baskin Wealth Management as the dot-com bubble was bursting. Today, he's the company's president and chief investment officer Unlike the dot-com pre-revenue companies, these companies are profitable. They have global distribution, captive customers, he said in an interview with CBC News. Schwartz says Google, Apple, Meta and Amazon all have billions of customers. He says those businesses will continue whether AI becomes a game-changer or not. But if it does, those tech giants will be poised to take advantage. So this is not like chicken and the egg. The egg and the chicken are already on the table. The market understands it, said Schwartz. LISTEN | Front Burner: Inside OpenAI's zealous pursuit of AI dominance (new window) U.S. President Donald Trump's AI czar, billionaire David Sacks, says most people don't fully understand where AI development really is at the moment. The Doomer narratives were wrong, he posted to the social media platform X (new window) . Sacks says that narrative was built on the notion that there would be a rapid take-off to artificial general intelligence that would propel one AI model to self-improve rapidly enough to leave the others in the dust. But he says the opposite is happening. The leading models are clustering around similar performance benchmarks, he wrote in his lengthy post last week. Model companies continue to leapfrog each other with their latest versions. More to the point, those models (like OpenAI's ChatGPT, X's Grok or Google's Gemini) are building what he calls developing areas of competitive advantage. WATCH | AI 'assistants' could change how you use the internet So, from a market perspective, a handful of AI models are in healthy competition with one another. Meanwhile, the tech giants (Apple, Amazon, Meta just to name a few) are aggressively adapting AI into their business models. And chip makers like Nvidia can barely keep up with the insatiable demand all those companies have developed. Case in point, Nvidia hasn't just seen its stock take off. Its revenues are so big they're hard to wrap your head around. Since 2022, Nvidia's revenues have quintupled. Its profits are up more than tenfold. Tariff uncertainty — even for tech The fears of a repeat of the dot-com bubble may be legitimate. But for now, the more pressing threat is that financial markets start pricing in the impact of the global trade war. Multiple company earnings reports have shown just how deep tariffs are already biting. Automakers like GM and Ford led the charge, but the tech companies aren't immune. Apple says tariff-related costs will climb to $2 billion through the first half of this year. Schwartz says he knows just how dangerous it is to think that this time is different. But he says the issue boils down to a pretty simple calculation. It just comes down to one simple question. Do you think we're gonna be using more AI and data in the future or less? he said. And clearly, a quick look at markets will show you most investors are betting the answer is more. Peter Armstrong (new window) · CBC News · Senior Business Reporter Peter Armstrong is a senior business reporter for CBC News. A former host of On the Money and World Report on CBC Radio, he was previously a foreign correspondent and parliamentary reporter for CBC. Subscribe to Peter's newsletter here: Twitter: @armstrongcbc