Xbox Live Encountering Issues on Xbox One, 360 [Update 2]

Update 2: Xbox Live has been restored and should now be running properly.

Update: Some parts of Live are still suffering from issues, but those involving trouble signing in have been resolved, according to Microsoft's status page.

Original Story: Xbox Live users are experiencing a variety of issues right now across all platforms, Microsoft has confirmed.

The Xbox Live Support Twitter account and service status page indicate that several aspects of Live are having issues. For one, Live's "Core Services" aren't working properly--that includes signing in and managing Xbox Live subscriptions. The "Purchase and Content Usage" service is also affected, which could present issues with game invites, notifications, purchasing content, and playing games or other things you own.

Both of these issues are accompanied by the standard text indicating it's being worked on. "We are aware of these issues and are working to get it fixed ASAP!" the service status page reads. "Thank you for being patient while we work. We’ll post another update when more information becomes available."

We'll keep an eye on the situation and update this story with any further developments.