Microsoft, CrowdStrike shares fall in premarket trading after major outage hits businesses worldwide – CNBC
CrowdStrike develops software that helps businesses manage security in their IT environments. Sopa Images | LightRocket | Getty Images Shares in cybersecurity company CrowdStrike plummeted on Friday after an update caused a major outage that affected businesses around the world. Shares of the company, which makes software to help companies manage security in their IT […]
Major global IT network outage affecting banking services, flights, television, supermarkets – New Zealand Herald
A global IT outage is causing chaos tonight, halting banking services, disrupting flights, preventing supermarket shopping and causing chaos for public transport users. There were reports of disruptions to parts of the national bank payment system this evening, as well as global network outages for television and Microsoft services. The Federal Aviation Administration grounded flights […]
Microsoft cloud outage causes airlines to ground flights
Microsoft said on Thursday it was investigating issues with its cloud services in the central United States that caused several flights to be grounded or canceled. Low-cost carrier Frontier Airlines, a unit of Frontier Group Holdings, Allegiant Air and Sun Country Airlines reported disruptions affecting operations. Frontier Airlines said a “major Microsoft technical outage” temporarily […]
AutoNation says CDK outage will hurt its second quarter bottom line
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. AutoNation said Monday that CDK Global’s recent widespread software outage will have a negative impact on its second-quarter bottom line. The car dealership said the June outage at its auto dealer software provider will […]