Saturday, July 20, 2024

CrowdStrike’s update fail causes global outages and travel chaos

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This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT outages, including Windows “blue screen of death” errors on their computers, impacting airlines, banks, retailers, brokerage houses, media companies and railway networks. OpenAI released GPT-4o […]

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TechCrunch Minute: OpenAI shrinks its flagship model

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OpenAI is launching a mini version of its latest AI model. These small AI models are meant to be faster and more affordable than the full version — making them particularly useful for simple, high-volume tasks. That should appeal to smaller developers who don’t necessarily have a lot of money for AI costs but want […]


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Friday, July 19, 2024

CrowdStrike outage: How your plane, train and automobile travel may be affected

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The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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CrowdStrike outage: How your plane, train and automobile travel may be affected

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The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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CrowdStrike outage: How your plane, train and automobile travel may be affected

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The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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Banks, airlines, brokerage houses report widespread outages across the globe

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Businesses worldwide are experiencing widespread outages, including Windows “blue screen of death” errors, many of them said Friday. The problems are affecting various sectors, from banks, food chains, brokerage houses, news organizations to airlines. Many customers have reported being unable to restart their computers due to the issue. This outage comes shortly after Microsoft confirmed […]

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Thursday, July 18, 2024

Paytm loss widens and revenue shrinks following regulatory clampdown

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Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit.  The Noida-headquartered firm’s loss more than doubled to $100 million in the quarter ending June, it disclosed Friday. The […]

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Fandango founder dies in fall from Manhattan skyscraper

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J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells TechCrunch. The New York Police Department responded to 911 calls from the Kimberly Hotel, a 30-story hotel on 50th street in midtown Manhattan on Tuesday […]

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