The CrowdStrike (CRWD) outages did more than just sink the cybersecurity provider's stock on Friday; a CrowdStrike update to Microsoft Windows (MSFT) systems led to worldwide tech outages and massive headaches for banks, airlines, and even emergency services. Market Domination host Julie Hyman details the pain points felt by these industries over the course of the day. Notably, Delta Air Lines (DAL) reported a whopping 777 cancelled flights globally. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan. Yahoo Finance extensively covered the CrowdStrike incident throughout the course of the day: Explainer: How CrowdStrike knocked the world offline Global tech outage: Microsoft VP explains what went wrong CrowdStrike update leads to global outage: Industries affected Understanding the CrowdStrike outages, errors in IT space CrowdStrike shares fall more than 13% as global IT outage grounds flights, cuts off 911 access CrowdStrike 'too critical a tool' to cast off after outages CrowdStrike still reputable, blowback will be short: Expert IT outage opens questions about consolidation in tech: Analyst Global tech outage disrupts businesses, flights Read More...
Microsoft outage leaves China largely untouched as tech self-sufficiency campaign pays off
The Microsoft Windows outage that affected foreign businesses and luxury hotels in China on Friday left the country’s key infrastructure, from airlines to banks, largely unaffected, according to industry sources and social media posts. As of 6pm local time, there have been no reports in mainland China of infrastructure breakdowns, while many airports in the Asia-Pacific region, from Hong Kong to Australia, were hit with disruptions. The international airports in Beijing and Shanghai were operati
South China Morning Post•
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