Cloudflare outage hits major web services including X, LinkedIn and Zoom – business live

Cloudflare experienced a significant outage on December 5, 2025, affecting major platforms such as LinkedIn and Zoom for approximately half an hour. The company confirmed that the issue was not a result of an attack, marking its second outage in less than a month. Cloudflare has issued an apology, acknowledging the disruption and promising to provide further details on preventive measures in the coming week.

The European Commission has imposed a fine of €120 million on Elon Musk's social media platform, X, citing violations of new digital regulations, including issues related to deceptive practices and user safety. This action reflects ongoing scrutiny of tech companies operating within the EU's regulatory framework.

A US official has criticized the European Union's recent fine imposed on Elon Musk's social media platform, X, claiming that Europe is effectively taxing American companies. This statement reflects ongoing tensions between US tech firms and European regulatory practices.

Elon Musk and Bill Gates have expressed concerns that artificial intelligence (AI) could eliminate all jobs within the next 20 years. However, recent data from LinkedIn indicates that hiring demand is actually on the rise, contradicting these predictions and providing a more optimistic outlook for the job market, particularly for Generation Z.

A wave of luxury housing developments in Bondi and other parts of Sydney is pushing out long-time residents, including surfers and artists, as older apartment blocks are converted into high-end properties. This trend raises concerns about the loss of affordable housing in the area.

Elon Musk's social media platform, X, has been fined $140 million by European regulators for allegedly engaging in deceptive practices. This legal action highlights ongoing tensions between tech companies and European regulatory frameworks, particularly concerning compliance with local laws.

Elite gamblers are engaging in a secretive practice of purchasing betting accounts from losing punters to deceive bookmakers, highlighting the underbelly of professional gambling. This practice allows successful punters to gain an advantage while keeping their strategies hidden from competitors.

Tech billionaires Michael and Susan Dell have pledged a historic $6.25 billion to establish 'Trump Accounts,' tax-deferred investment accounts aimed at benefiting approximately 25 million American children under the age of 10. This initiative has sparked debate regarding the motivations behind such large donations, particularly in relation to political influence and access to power.