In recent years, the frequency of large-scale attacks on corporate enterprise IT systems has been on the rise. This trend is not surprising given the significant investments made by companies in cybersecurity to combat cyber threats posed by hackers. However, the recent incident involving the largest IT outage in history, caused by a software bug
A recent global tech outage has been attributed to a software update by cybersecurity firm CrowdStrike, affecting nearly 8.5 million Microsoft devices. The issue was highlighted in a blog post by Microsoft, stating that the update caused disruptions to a significant number of Windows machines. The incident shed light on the potential risks associated with
The recent global IT outage that occurred due to a botched software update from cybersecurity company CrowdStrike highlighted the interconnectedness of our modern society’s reliance on technology. According to sources, the outage was caused by a faulty content update tied to the CrowdStrike Falcon monitoring software. This incident showcased the catastrophic repercussions that can arise
The recent surge in small-cap investments has led to speculation about the motives behind this shift. According to Dave Nadig, a prominent ETF journalist and financial expert, the influx of money into small caps may not necessarily be a result of a rotation from winning growth trades. Instead, Nadig believes that investors are focused on
The United States Air Force recently announced that it had reached a provisional deal with Boeing for the supply of E-7 Wedgetail airborne warning and control aircraft. This agreement came amidst concerns about Boeing’s internal crisis impacting its ability to deliver on contracts for the Pentagon. The deal includes the production of prototypes to replace
As EA Sports rolls out the long-awaited revamp of its college football game, fans of the old game are quickly realizing that they have a lot of practicing to do. The changes in gameplay have been compared to going from a flip phone to an iPhone, illustrating the significant transformation the game has undergone over
Societe Generale (OTC:SCGLY) strategists have recently sounded the alarm for growth-focused investors, cautioning them about the potential risks of a bubble burst in the US technology sector. The banking giant pointed out the soaring market capitalization of US Tech within the S&P 500 and highlighted the contrasting trends of smaller stocks on the rise versus
The plan to use Japanese factories to increase the production of Patriot air defense missiles, which are crucial for Ukraine to defend against Russian attacks, is facing delays due to a shortage of a critical component manufactured by Boeing. The production snag in Japan highlights the challenges faced by Washington in integrating industrial support from
The recent fluctuations in the stock market, particularly concerning the technology sector, have left investors on edge. With the upcoming earnings season, there is hope that corporate results will help stabilize the market. However, the sharp decline in technology shares over the past week has raised concerns among bullish investors. This article will delve into
On Friday, Wall Street’s main indexes experienced a significant decline, primarily driven by tech stocks and mixed earnings reports. The sell-off was exacerbated by a global cyber outage that caused Cybersecurity firm CrowdStrike’s shares to plummet to an over two-month low. Investors were left evaluating the implications of this outage, which disrupted businesses across various