Category: outage

  • SUI Price Crashes 10% Amid Blockchain Outage

    This article is also available in Spanish. The Sui Network stopped producing blocks for more than two hours, leading to a sharp drop in the price of the token. Data from suivision and suiscan indicate that block creation stopped at 09:15 UTC today, and the network has not yet resumed…

  • Delta sues cybersecurity firm CrowdStrike over tech outage that canceled flights

    ATLANTA (AP) — Delta Air Lines Inc. filed a lawsuit against CrowdStrike on Friday, alleging the cybersecurity company took shortcuts and caused technology outages around the world that led to the cancellation of thousands of flights in July. The airline is seeking compensatory and punitive damages stemming from the outage,…

  • Cuba gets some electricity back after major power outage left millions in the dark

    Breadcrumb links PMN BMN Business Article writer: Associated Press Andrea Rodriguez Posted on October 19, 2024 • Last updated 2 hours ago • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content HAVANA (AP) — Some…

  • Why the CrowdStrike outage hit Delta so hard

    But while rivals like United and American Airlines were able to bounce back after just a few days (United canceled nearly 1,500 flights, by comparison), Delta was still struggling. A memo Thursday from Bernstein Research sheds light on what went wrong. According to the memo, Delta canceled about 30% of…

  • AirAsia’s Tony Fernandes wants Microsoft compensation for CrowdStrike outage

    On Friday, a flawed update from US cybersecurity firm CrowdStrike caused Windows computers around the world to crash, displaying the dreaded “blue screen of death.” The outage hit global airlines particularly hard, disrupting thousands of flights as staff scrambled to get systems up and running again. Some airlines, such as…

  • CrowdStrike outage: Worst IT failure ever hit less than 1% of all Windows devices

    A flawed software update from cybersecurity firm CrowdStrike Holdings Inc. has affected 8.5 million devices worldwide that run Microsoft’s Windows operating system. Microsoft Corp. presented the full scope of the worldwide IT outage for the first time in Blog Microsoft said Saturday that the affected devices represented less than 1…

  • Dollar climbs for the week, cyber outage unsettles investors By Reuters

    By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday and was on track to end a two-week losing streak as investors fretted over a global computer outage that has hit banks, airlines and broadcasters, although volatility in currency markets was largely contained. A software update by global…

  • Microsoft Outage Draws Criticism From Crypto Community, Is Shiba Inu The Answer?

    The team behind Shiba Inu Microsoft recently experienced the largest IT outage in history on Friday, July 19. Businesses around the world were struggling with the shutdown due to a Microsoft shutdown that was caused by a glitch. The outage occurred through CrowdStrike, a cybersecurity platform that encountered an issue…

  • United Airlines, American Airlines provide updates after global IT outage (NASDAQ:UAL)

    labsas/iStock Not published via Getty Images United AirlinesNASDAQ: UAL) said on Saturday that most of its technology systems were back up and running a day after a global IT outage, while American Airlines said itNASDAQ:AL) said its operations were fully back to normal. Wrong update from cybersecurity company Crowd Strike…

  • Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage By Reuters

    A global outage linked to a software update from cybersecurity firm CrowdStrike has affected nearly 8.5 million of its devices, Microsoft said in a blog post on Saturday. “We currently estimate that the CrowdStrike update affected 8.5 million Windows devices, or less than one percent of all Windows PCs,” the…

  • Bitcoin eyes $67k amid CrowdStrike outage debacle 

    As traditional systems raced to resolve the CrowdStrike outage, the value of Bitcoin and the cryptocurrency market soared. Decentralized technology proved itself once again on Friday, as a global IT outage disrupted banking, media, travel and a range of everyday operations. Web3 markets have boomed as Web2 activity has slowed…

  • Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage

    Bitcoin price quickly recovered from its recent drop to a six-month low of $53,500 on July 5, reclaiming the $66,000 level and focusing on retesting it. All time high From $73,700 reached in March. The recovery comes as major airlines, medical facilities, businesses and police forces around the world struggle…

  • Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage

    Bitcoin price quickly recovered from its recent drop to a six-month low of $53,500 on July 5, reclaiming the $66,000 level and focusing on retesting it. All time high From $73,700 reached in March. The recovery comes as major airlines, medical facilities, businesses and police forces around the world struggle…

  • CrowdStrike update that caused global outage likely skipped checks, experts say By Reuters

    Written by Ziba Siddiqui SAN FRANCISCO (Reuters) – A routine update by CrowdStrike Inc (NASDAQ: CST) to its widely used cybersecurity software that caused its clients’ computer systems to crash worldwide on Friday did not appear to have undergone adequate quality checks before it was deployed, security experts said. The…

  • CEO at cybersecurity firm that caused a global outage forgot to apologize

    CrowdStrike Holdings Inc. CEO George Kurtz co-authored the article book It’s often referred to as the bible of computer security. But when it comes to crisis management, it stands on shakier ground. in mail On social media platform X early Friday morning about a failed software update. has crashed Speaking…

  • Traders eye return to business as usual after cyber outage, issues remain By Reuters

    LONDON/NEW YORK (Reuters) – Trading returned to normal on Friday after a global technology outage that disrupted operations at financial firms from London to Singapore and New York, although some problems remained, including an outage at some JPMorgan Chase ATMs. A software update has wreaked havoc on computer systems worldwide,…

  • Dow slips in wake of global outage

    U.S. stocks fell on Friday as concerns about a global IT outage eased, with Wall Street looking to recover from a selloff that saw the Dow Jones Industrial Average snap a winning streak and technology stocks continue to slide. The Dow Jones Industrial Average (^DJI) fell 0.2%, after the blue-chip…

  • A pullback in CrowdStrike stock amid IT outage is a buying opportunity: analysts By Investing.com

    Rosenblatt analysts see the decline in CrowdStrike (NASDAQ:) shares as a strategic buying opportunity despite a global technology outage caused by a faulty software update. CrowdStrike shares fell more than 14% in premarket trading after the outage, a reaction Rosenblatt considers excessive given the nature of the issue. Analysts confirmed…

  • Cloudstrike—massive IT outage is not cyberattack

    A major internet outage affecting Microsoft has disrupted flights, banks, media outlets and businesses around the world, with problems lasting hours after the tech company said it was gradually working to fix an issue affecting access to Microsoft 365 apps and services. Airlines and airports in the United States, Europe,…

  • Microsoft stock falls as outage grounds flights, Azure services impacted By Investing.com

    Microsoft (NASDAQ:) experienced an outage of Azure and Office365 services that grounded flights by at least two low-cost airlines in the United States late Thursday, with services still suspended through Friday morning. Microsoft shares fell 1.8% in premarket trading on Friday. Frontier Airlines said its systems were gradually returning to…