CrowdStrike sends $10 Uber Eats gift cards as apology for global IT meltdown: report

CrowdStrike will reportedly offer customers $10 Uber Eats gift cards as an apology for the disastrous software update that caused a global tech meltdown last week. On Friday, a CrowdStrike glitch caused millions of computers running the Microsoft Windows operating system to experience a “blue screen of death,” rendering them unable to boot. CrowdStrike is […]

Microsoft to take hit as Fortune 500 suffers $5.4B in CrowdStrike losses: study

U.S. Fortune 500 companies excluding Microsoft are facing losses of $5.4 billion due to last week’s CrowdStrike outage, and Microsoft’s losses will add hundreds of millions more to the total. Cloud Insurance Company Parametrics Wednesday. A global technology outage caused by a faulty update to CrowdStrike security software crashed Microsoft Windows computers on Friday, forcing […]

CrowdStrike explains bug that caused global tech meltdown

CrowdStrike’s flawed software update that caused a global computer meltdown last week was sent because a bug caused the company’s quality control system to miss the flawed data, the cybersecurity giant acknowledged on Wednesday. Last Friday, airlines, hospitals, banks and a variety of other businesses were crippled as a result of a disastrous software update […]

Republicans question CrowdStrike outage impact on Arizona election systems 

The Republican National Committee (RNC) is questioning local election officials in Arizona about how last week’s CrowdStrike outage affected voting centers in the state. The RNC, the Arizona Republican Party and the Trump campaign’s election integrity division I sent a letter “We are visiting Arizona counties to ask for an explanation of whether CrowdStrike’s global […]

U.S. Officials Investigating Delta Air Lines in Wake of Massive CrowdStrike IT Outage

Government authorities are investigating Delta Airlines following the recent CrowdStrike IT outage which caused massive disruption to the airline industry and other industries around the world. US Department of Transportation investigating Delta after flight cancellations, delays, Spectrum News 1 report on tuesday. In a social media post on Tuesday, Transportation Secretary Pete Buttigieg said: Said“U.S. […]

House Republicans call on CrowdStrike CEO to testify about global outage

House Republicans are calling on CrowdStrike’s CEO to testify at a congressional hearing on the global technology outage that affected flights and businesses around the world on Friday. Rep. Mark Green (R-Tenn.) and Rep. Andrew Garbarino (R-N.Y.) I sent a letter On Monday, it called on CrowdStrike CEO George Kurtz to appear before the committee […]

CrowdStrike shares continue to tumble after causing global outage

CrowdStrike shares plunged 13% on Monday, extending losses as Wall Street analysts downgraded the company’s shares due to concerns about the economic impact of last week’s global cyber outage. A faulty update to CrowdStrike’s security software crashed computers running Microsoft’s Windows operating system and disrupted internet services around the world, affecting a wide range of […]

CrowdStrike says ‘significant number’ of devices back online after IT meltdown; Ryanair profits tumble 46% – business live | Business

Important Events Those views Ryanair Airlines’ stock prices have plummeted following their financial results announcements. Ryanair shares fell at the open Photo: Refinitiv Matt Britzman, senior equity analyst at Hargreaves Lansdown Investors suspect competitors are feeling similar pressure and say there will be cascading effects across the industry. Ryanair Weak outlook for the crucial summer […]