There must be a few CTO's feeling rather uncomfortable at their recommendation to the Board that their organisation should use Microsoft's Azure hosted computing facility. It was down again for eight hours on 23rd February from 9pm GMT. Someone in MS had forgotten to renew a security certificate. This is almost on the anniversary of a similar failure last year.
Apparently Microsoft will offer "credits" for the lost service hours. They should be showing someone's head on a platter, after paying genuine compensation.