Delta Airlines is suing CrowdStrike, which was behind the glitchy software update that sparked a global outage of critical flight systems.
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A single point of software failure can turn entire industries into teetering Jenga towers. Next time could be a lot worse.
In the face of a wide-spread outage, such as what occurred with Crowdstrike last Friday, there’s only so much the company can do, one expert said.
A single file in a defective software update caused a global IT outage that disrupted airports, banks, hotels, trains, hospitals, and more.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.