Business
MongoDB gets bullish call as Atlas, AI and enterprise push gain traction
Business
Zelle Down? Users Report Payment Issues as Outage Trackers Confirm Widespread Disruption on Aug. 22 Nationwide
Zelle, the widely used peer-to-peer payment network operated by a consortium of major U.S. banks, experienced a confirmed disruption Saturday, with independent outage-tracking services reporting a sharp spike in user complaints and evidence of an active, ongoing issue affecting money transfers for at least part of the day.
According to a community outage report compiled by DesignTAXI, the volume of user reports on the tracking service Downdetector surged around 10:13 a.m. Eastern time Saturday, with affected users also taking to social media to report difficulty using the service.
Independent monitoring tools tracking Zelle’s status throughout the day confirmed the disruption’s ongoing nature. According to Entireweb Status, Zelle appeared to be down as of a check conducted Saturday, with the service logging 78 outage reports over the preceding 24-hour period, 25 of which had come in during just the final hour before the check. The tracking service specifically advised affected users to “take a break and trying again later,” language it typically reserves for confirmed, active service disruptions rather than isolated individual complaints.
StatusGator’s tracking painted a similarly clear picture of a genuine, widespread issue. According to the service, it had detected an outage at Zelle, with 111 separate outage reports logged over the preceding 24-hour period, an unusually high volume compared with the service’s typical baseline for the platform. StatusGator’s incident log specifically flagged two separate issues affecting Zelle on Saturday: one described as “Transfers to Bank of America accounts not processing,” first detected at 6:01 p.m., and a second, unrelated complaint describing users as “Unable to send payments with US Bank integration.” Neither incident had been officially acknowledged by Zelle as of the most recent available check, according to StatusGator, which noted the company has a general pattern of not formally confirming smaller or shorter-duration service disruptions through public statements.
A separate automated status-checking service similarly documented the active nature of Saturday’s complaints. According to a real-time monitoring tool cited in search results, 19 separate user reports were submitted within just a five- to 15-minute window during the afternoon UTC hours Saturday, with the service noting that no official status update had been published by Zelle at the time. That same monitoring resource advised affected users to check their individual bank’s app directly or contact their financial institution for account-specific assistance, given that Zelle itself does not operate as a standalone app for most users but rather functions as an integrated feature within participating banks’ own mobile banking platforms.
Zelle’s underlying technical architecture, in which the service operates through partnerships with thousands of individual banks and credit unions rather than as a single, centralized consumer app, can make troubleshooting reported outages more complex than with many other digital payment platforms. Because transfers must be processed both through Zelle’s own network and through the specific receiving and sending banks involved in each transaction, an issue affecting transfers to or from one particular bank, such as the Bank of America and US Bank-specific problems flagged by StatusGator, does not necessarily indicate a platform-wide failure affecting all Zelle users equally.
Not every monitoring service showed the same degree of disruption. According to UptimeRobot, its most recent automated check of Zelle’s core website infrastructure, conducted Aug. 19 from North American servers, three days before Saturday’s reported spike in complaints, had not detected any unusual response times or error codes at that earlier point. Similarly, a separate real-time status checker reported Zelle as “working normally” with “no issues detected” as of an afternoon check Saturday, illustrating the kind of mixed signals that can occur when a disruption affects specific bank integrations or regional service areas rather than the entirety of Zelle’s underlying platform simultaneously.
Zelle has experienced a recurring pattern of shorter, often unacknowledged service disruptions over the course of 2026. According to StatusGator’s incident history, the platform experienced a 25-minute outage on Aug. 3 tied to money transfers not being received due to technical issues, a 47-minute outage on July 16 during which users were unable to send or receive payments at all, and a two-hour, 46-minute outage on June 16 involving delays in sending and receiving payments. None of those earlier incidents were ever officially acknowledged by Zelle through a public statement, according to StatusGator, a pattern consistent with how the company has generally handled shorter-duration technical issues throughout the year.
IsDown, another independent monitoring service that has tracked Zelle continuously since August 2025, reported that the platform experienced just one confirmed incident over the trailing 90-day period prior to Saturday, with a median outage duration of approximately one hour and 28 minutes, suggesting that while Zelle disruptions do occur periodically, they have generally tended to resolve relatively quickly once they begin.
Zelle has previously experienced more significant, widely reported outages as well. According to a Tom’s Guide forum thread referencing an earlier May 2025 disruption, users at that time reported problems persisting throughout an entire day, prompting many affected customers to seek out alternative money transfer methods while the issue remained unresolved.
Given Zelle’s role as one of the most widely used peer-to-peer payment platforms in the United States, integrated directly into the mobile banking apps of thousands of participating financial institutions, any confirmed disruption to the service carries the potential to affect a significant number of everyday transactions, from splitting bills between friends to paying rent or making other routine personal payments. Users experiencing continued difficulty sending or receiving Zelle payments Saturday were generally advised by monitoring services to check directly with their specific bank for account-level status updates, given that Zelle itself does not maintain a centralized, dedicated customer-facing status page comparable to those used by many standalone technology platforms.
As of this report, Zelle had not issued a public statement addressing the specific reports of payment issues affecting Bank of America and US Bank transfers Saturday, and it remained unclear how many total users were affected or when full functionality might be expected to return across all participating financial institutions.
Business
SHO-BOND Holdings Co.,Ltd. 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:SBDHF) 2026-08-22
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Energy UK says struggling households need more support with bills
Higher energy bills this winter mean the government should step in to provide more help for households most in need, the body representing energy firms in the UK has said.
Stubbornly high prices over the last few years have left some people needing “emergency support” over and above the existing £150 Warm Home Discount, Energy UK said.
It added that bills were unaffordable for millions and a “better targeted and more agile” support scheme was needed.
On Wednesday, the energy price cap for October onwards will be announced by regulator Ofgem and is expected to hit a three-year high.
“Suppliers continue to do all they can to help their customers but as well as persistently high bills, record levels of debt show how the current system is failing to provide the right support to those in need,” Energy UK chief executive Dhara Vyas said.
A new “social discount” scheme would result in “a system that works better for everyone”, she added.
Ofgem reported at the end of last winter that customers who had fallen behind on their energy bills owed suppliers a record £4.7bn. Since then wholesale energy prices have risen, following the start of the Iran war in February.
Energy consultancy Cornwall Insight predicts Ofgem’s cap on household price rises, which is set every three months, will go up by 4% when it is announced on Wednesday.
The rise will apply to household bills during the first half of the coming winter and follows a sharper 13% rise in July.
As well as the conflict in the Middle East, Cornwall Insight said prices had been affected by heatwaves across Europe that had increased demand for power generation to support air conditioning and other cooling.
The price rise would outweigh the impact of Prime Minister Andy Burnham’s move to remove VAT on household electricity bills from October, it added.
Currently, people receiving means-tested benefits are entitled to the one-off £150 Warm Home Discount over the winter, something administered by the energy suppliers themselves. The rebate is paid for by a levy on all energy users that is collected and redistributed via bills.
Energy UK said the Warm Home Discount reached six million customers, but there were another 2.5 million who needed help because a medical condition or draughty home meant they consumed more energy.
It said if the government would allow the combining of information about customers’ income, health and energy consumption, a discount scheme could offer targeted and adjustable support, and respond to changing needs and price levels.
The body said its proposed new scheme would cost £1.9bn – nearly double the cost of the current scheme – but could offer £450 in support to some households.
Energy UK suggested the new support scheme could continue to be part-funded through bills or shifted entirely onto the taxpayer, via government funding.
The last time the price cap reached a similar level was in July 2023, Cornwall Insight said, which was still below the peaks reached the previous year in the wake of Russia’s invasion of Ukraine.
During that energy price spike the Conservative government committed a total of around £40bn , externalof government spending to support households with energy bills.
The challenge of combining sources of personal data, including income and health, and the proposal to find more taxpayer money to fund such a scheme are likely to raise questions.
However, Adam Scorer, chief executive of National Energy Action, said this was the sort of approach his charity was calling for, especially as the Warm Home Discount has risen by only £10 over the last decade.
“We desperately need a new approach,” he said.
“There will be a lot of detail to get right, but if government genuinely wants to provide breathing space for people in fuel poverty, it needs to take this challenge on and work with energy companies and charities to design something truly fit for purpose.”
Business
Marc Lore steps back from Timberwolves ownership, Alex Rodriguez increases stake
Maine Girl Dads founder Leyland Streiff discusses the ‘Support Sophie’ movement on ‘The Bottom Line.’
Minnesota Timberwolves and Lynx co-owner Marc Lore has agreed to sell his controlling stake in the franchises to businessman and limited partner Marc Stad.
The deal values the NBA and WNBA franchises at $4.5 billion, ESPN reported.
Alex Rodriguez, a 14-time MLB All-Star and FOX MLB studio analyst, said Friday that he plans to increase his equity stake in both franchises. Lore, meanwhile, will retain a minority stake. The size of Lore’s and Rodriguez’s respective ownership stakes was not immediately clear.
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Minority team owners Marc Lore (L) and Alex Rodriguez of the Minnesota Timberwolves look on in the second quarter against the Phoenix Suns during game two of the Western Conference First Round Playoffs at Target Center on April 23, 2024 in Minneapoli (David Berding/Getty Images / Getty Images)
Lore stepped away from his roles as co-owner and co-chairman to focus on a planned IPO for his food-tech company, Wonder Group, over the next year. He believed transferring controlling ownership to Stad put the franchise in a position to keep experiencing success.
Stad, the founder and managing partner of Dragoneer Investment Group, was a major minority investor in the Timberwolves and Lynx under Lore and Rodriguez.
Sources told ESPN the ownership transition followed months of discussions and will allow Stad, Rodriguez and Lore to preserve the teams’ current leadership structure, including Timberwolves President Tim Connelly, general manager Matt Lloyd and coach Chris Finch, as well as Lynx coach and president of basketball operations Cheryl Reeve.

Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team’s win over the Phoenix Suns at Target Center in Minneapolis, Minnesota, on March 28, 2025. (Bruce Kluckhohn/Imagn Images / IMAGN)
“We have been working together for years with a shared goal of building the Timberwolves and Lynx into the best organization in basketball on and off the floor,” read a joint statement from Stad, Rodriguez and Lore issued Friday. “Our priority is and always will be championships. Our new agreement, pending league approval, is an evolution of the partnership we have built together and strengthening of our commitment to our team and our culture.
“While we’re proud of the great work we’ve done, there’s so much more to do and we’re just getting started.”
Rodriguez reacted to the developments on social media writing, “One of the great joys I’ve had in my career is spending the last few years helping build the Timberwolves and Lynx with my friend and partner Marc Lore. I’m very excited to announce that this incredible journey reaches a new level today. Marc and Elisa Stad, who have been our partners and friends since we bought the teams, will be increasing their investment and joining me as Co-Chairman.”
He continued: “I will also be increasing my investment and spending even more time with the teams as Co-Chairman, Governor of the Lynx, and alternate Governor of the Timberwolves, pending league approval. While Marc Lore will be reducing his role and ownership to focus on his business, he remains an investor and a key part of our partnership. I could not be more energized about this evolution and what we’re all going to do together for the Twin Cities.”
The deal now heads to the NBA Board of Governors, which is expected to consider and approve the transaction at its Sept. 15-16 meeting.
LOS ANGELES LAKERS BUYER, EX-DISNEY CHIEF BOB IGER ONCE SAID ROOTING FOR TEAM WAS ‘NOT IN MY DNA’
The $4.5 billion valuation ranks as the fourth-largest franchise sale in NBA history, trailing the Boston Celtics’ $6.1 billion sale in 2025 and two Los Angeles Lakers transactions over the past year that valued the team at $10 billion and $12.5 billion, respectively.

Elisa Stad and Marc Stad attend the 2025 Breakthrough Prize Ceremony at Barker Hangar in Santa Monica, California, on April 5, 2025. (Taylor Hill/FilmMagic / Getty Images)
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Since Lore and Rodriguez bought into the franchise, the Timberwolves have reached the playoffs in five consecutive seasons. Minnesota has advanced beyond the opening round in each of the past three trips.
Business
Motor racing-Milei puts himself in the driver’s seat to bring F1 back to Argentina

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Paramount Prepares to Begin Early Settlement Talks With California Officials
is preparing to meet Monday with California officials with the aim of starting talks to potentially resolve the antitrust lawsuit that stands in the way of the company’s $81 billion deal to acquire rival Warner Bros. Discovery , according to people familiar with the matter.
A dozen Democratic-led states led by California Attorney General Rob Bonta sued in July to block the deal on antitrust grounds, arguing that the combination of Paramount and Warner would create too much concentration in the markets for theatrical films and cable television channels.
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Business
Canada’s Unifor union, GM reach tentative agreements

Canada’s Unifor union, GM reach tentative agreements
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Will Bessent’s intervention mark a turning point for the yen?

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Mark Carney details last-minute US demands that derailed trade talks
The Canadian prime minister says the U.S. sought to restrict Canada’s ability to strike trade deals with other countries.
Canadian Prime Minister Mark Carney accused the United States on Saturday of making a last-minute “power play” by trying to restrict Canada’s ability to strike trade deals with other countries, offering new details about what he said caused negotiations between the two sides to collapse.
Carney said the U.S. introduced new demands in the final hours of negotiations involving Canada’s other trading relationships, its auto sector and protections for Canadian culture and the French language.
“The U.S. introduced at the last hours, in the last hour, efforts to restrict our ability to have other trade deals,” Carney told reporters.
Asked what he believed the U.S. was trying to accomplish, Carney responded: “It’s a power play. It’s a power play and, you know, [it] becomes a question of sovereignty.”

Canadian Prime Minister Mark Carney speaks Saturday during a news conference on U.S.-Canada trade negotiations. (Dave Chan/AFP via Getty Images / Getty Images)
The comments came a day after Carney suspended negotiations and ordered Canada’s trade team back to Ottawa as President Donald Trump‘s 50% tariffs on roughly $28 billion in Canadian goods took effect.
Canada said it plans to match the U.S. tariffs dollar for dollar, with Carney saying Saturday that the retaliation will target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics.
The measures will take effect the Tuesday after Labor Day on Sept. 8.
Washington has disputed Carney’s account of why the negotiations broke down.
U.S. Trade Representative Jamieson Greer said Friday that Canada declined to finalize terms agreed to earlier in the week, accusing Ottawa of making new demands and walking back previous commitments.
TRUMP PAUSES 50% TARIFFS ON CANADA HOURS BEFORE DEADLINE AFTER ANNOUNCING POTENTIAL DEAL

President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House, May 6, 2025, in Washington, DC. (Anna Moneymaker/Getty Images / Getty Images)
“Tonight [Friday], Canada declined to finalize the trade deal under the terms agreed earlier this week,” Greer said in a statement. “Despite the U.S. offer to Canada to receive the best treatment of any major exporter to our market, new demands and walk backs of other commitments by Canada have upended the careful balance reached in the past days.”
Greer said the U.S. offered Canada significant tariff reductions on steel, aluminum, autos and lumber, along with a broader economic and national security partnership covering digital trade, critical minerals, aerospace and export controls.
Carney offered a different account Saturday.
“In short, they asked too much, and they offered too little,” he said.
US, CANADA STRIKE DEAL TO OPEN BRIDGE LINKING DETROIT AND WINDSOR AFTER DISPUTE DELAYED LAUNCH

Autos were another major issue in the trade deal. (Lucy Nicholson/Reuters, File / Reuters Photos)
Autos were another major sticking point. Carney said the two sides disagreed over tariff levels, the treatment of Canadian content and which vehicles would be covered by a potential agreement.
He said the U.S. also continued efforts to seek changes involving Canada’s protections for its culture and the French language, which Carney said Ottawa would not accept.
The breakdown came just days after Trump paused the 50% tariffs for three days and announced that the U.S. and Canada, subject to final documentation, had reached a “DEAL!”
Carney said Saturday that the two sides had made significant progress before the negotiations unraveled.

President Donald Trump holds up a chart of “reciprocal tariffs” while speaking during a trade announcement event in the Rose Garden at the White House, April 2, 2025, in Washington, D.C. (Chip Somodevilla/Getty Images / Getty Images)
Canada is now preparing additional support for businesses affected by the tariffs, particularly small and medium-sized companies, with Carney saying the government will release details alongside its retaliatory measures.
Asked whether the latest escalation amounted to a full-scale trade war, Carney said Canada was responding to an attack.
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“We’re attacked, like you’re at war when you get attacked, we got attacked,” Carney said.
“We’ve got the reserves, we’ve got resilience, we have the plan, we get the focus, we respond, we’re going to focus on what we can control, we are going to build.”
Business
Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports

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