News Formal

Delta Airlines CEO says company is facing US$500-million in costs from global tech outage last week

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

Streetwise News

Business Business Latest News,Business Business Headlines

CrowdStrike blamed a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off the global tech outage that grounded flights

CEO Ed Bastian says the airline is facing $500 million in costs related to a global tech outage last week that disrupted emergency services, communications and thousands of businesses.

A week ago, , took TV broadcasts off air and disrupted banks, hospitals and retailers. Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AI company Cohere cuts jobs a day after raising US$500-million in financingThe layoffs affected multiple Cohere offices. The company had 250 employees at the start of the year, with locations in San Francisco, New York and London
Source: globebusiness - 🏆 31. / 66 Read more »

AI startup Cohere raises US$500-million, valuing company at US$5.5 billionThe company’s latest financing round was led by the Public Sector Pension Investment Board and counts Cisco Systems Inc., AMD Ventures, Fujitsu and Export Development Canada as new investors
Source: globeandmail - 🏆 5. / 92 Read more »