(Bloomberg) -- In what will go down as the most spectacular IT failure the world has ever seen, a botched software update from cybersecurity firm CrowdStrike Holdings Inc. crashed countless Microsoft Windows computer systems around the world on Friday.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’From ATMs to Flights, Epic IT Crash Leaves Trail of ChaosCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareTravel Chaos Mounts as Airlines Resume Flight
Windows users around the globe woke up on Friday morning to "blue screens of death" (BSOD) thanks to a faulty software update from CrowdStrike. In 2024, one buggy software update should probably not be allowed to take down so many of the globe's most important computer systems. The CrowdStrike outage is drawing attention to cybersecurity companies, but CRV general partner Reid Christian notes this wasn't a cybersecurity event.
(Bloomberg) -- Stocks fell at the end of a wild week, with results from technology giants set to arrive at a critical moment on Wall Street.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’From ATMs to Flights, Epic IT Crash Leaves Trail of ChaosCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareTravel Chaos Mounts as Airlines Resume Flights After OutageBiden Vows Return to Campaign Trail Despite Calls to QuitMost groups in the S&P 500 dropped Friday