Global Computer Outage Stems from Software Update
Cost of Outages Difficult to Measure
The costs of such an outage will take some time to be known and will be hard to measure, Cloud cost analyst CloudZero estimated mid-morning.
CrowdStrike Stock Price Drops
On Friday, the stock price of CrowdStrike, which reported $3 billion in annual revenue last year, closed down 11 percent.
Software Update Implicated
The global computer outage affecting airports, banks, and other businesses on Friday appears to stem at least partly from a software update.
Widespread Impact
Outages were experienced worldwide, reflecting the wide use of Microsoft Windows and CrowdStrike software by large and global corporations in many industries.
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