Impacts other MS services
According to the MS Office 365 Service Status portal, https://portal.office.com/servicestatus , it is also causing problems on outlook.com (aka hotmail) and yammer.com
Current status: We identified a certificate issue that is causing the problem, and we're restarting affected systems to force a certificate update. We anticipate that restarting affected systems will take several hours, but we're working to expedite this as much as possible. Users will continue to experience service restoration as the affected systems are restarted.
Start time: Sunday, May 28, 2017, at 9:40 PM UTC
Next update by: Tuesday, May 30, 2017, at 1:00 AM UTC