Sunday, July 21, 2024

WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral ratio […]

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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.

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Saturday, July 20, 2024

Bethesda Game Studios employees form a ‘wall-to-wall’ union

Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first official union in the United States. In its announcement, the CWA calls Bethesda’s new union […]

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CrowdStrike’s update fail causes global outages and travel chaos

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

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

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

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

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

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

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