Shares in New York-listed Fastly opened 3% higher to $52.20 after saying it fixed the global outage around one hour after disclosing the issue.

Many of the internet’s most high-profile websites including the UK Government site, New York Times and Buzzfeed are facing an outage after a glitch at Fastly, a cloud computing firm in the US which many of the world’s tech giants as clients.

Fastly is a provider content delivery network services, which help websites to load content faster, including images, videos and streaming.

Content delivery networks are a key part of internet infrastructure, with companies involved in the space running global networks of servers to improve performance and availability of web services.

A huge range of websites have been impacted by the outage, though it appears many services were back online by midday.

In another update Fastly said: ‘The issue has been identified and a fix has been applied. Customers may experience increased origin load as global services return.’

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Issue Date: 08 Jun 2021