CrowdStrike – the cybersecurity company that caused a global IT outage last year – has confirmed its plans to cut 5% of its workforce, in part due to its AI efficiency efforts. The company said it would lay off around 500 employees as part of recent global redundancies, but also said it planned to hire…
CrowdStrike dips on bleak revenue forecast Intel drops after Trump’s plans to kill chips subsidy law US service sector expands in February; price growth accelerates Nasdaq Composite on track to confirm correction Indexes up: Dow 0.94%, S&P 500 0.87%, Nasdaq 1.07% By Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5 (Reuters) – Wall…
After the Microsoft outage on July 19, a global crisis struck Windows users, disrupting critical services like airports, banks, and telecommunications. This chaos stemmed from a defective update issued by CrowdStrike via its Falcon platform. The issue left Linux and Mac users unaffected. Promptly, Microsoft and CrowdStrike identified the problem and released a fix. However,…
About 8.5 million computers got disabled globally in the great outage that left users of Windows blue-walled last week, as estimated by Microsoft, which makes the operating software. This, the company noted, meant that less than 1% of the world’s devices with Windows got hit by the faulty update installed online by CrowdStrike, a cybersecurity…
With the whirlwind of events that hit us throughout the week, it can be hard to keep track of the top news stories. But fear not, we have got you covered with the Weekly Tech Recap, where we take a look at the top 5 stories that made waves in the world of technology. This…
Students, who are studying in Bangladesh, upon their arrival following protest against the government job quota, at the Akhura Check post, in Agartala, on July 20, 2024. | Photo Credit: PTI Nipah virus resurfaces in Malappuram, 15-year-old boy in critical condition Nipah virus scare resurfaced in Malappuram on July 20 following the confirmation of a case…
As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain. Government cybersecurity agencies across the globe and even CrowdStrike CEO George Kurtz are warning businesses and individuals around the world about…
Under normal circumstances, such a question would sound odd since one would assume that most companies would have insured themselves against data breaches, ransomware attacks, cyberattacks and other such business interruptions or even power outages. But Friday, 19 July, was not a normal day. An apparently simple and routine “sensor configuration update” by a CrowdStrike…
