| Emma Roth / The Verge: |
The outage appears to have been caused by CrowdStrike pushing a faulty update to its Falcon software that causes Windows machines to get stuck in a boot loop — On Friday morning, some of the biggest airlines, TV broadcasters, banks, and other essential services came to a standstill as a massive outage rippled across the globe.| Robert McMillan / Wall Street Journal: |
A profile of CrowdStrike, founded in 2011 and used by 300 companies in the Fortune 500; Gartner: CrowdStrike has ~15% of the global security software market — The little-known company is very popular in Corporate America, contributing to the severity of the global IT outage| Ryan Browne / CNBC: |
CrowdStrike shares close down 11.1% after a software update caused a major outage; its shares had previously risen nearly 118% in the last 12 months — Cybersecurity firm CrowdStrike saw its shares plunge Friday, after an update led to a major outage, impacting businesses across the world.| George Kurtz / @george_kurtz: |
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| Tom Warren / The Verge: |
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Over 200 Bethesda Game Studios workers unionize with the CWA, forming the first “wall-to-wall” union at a Microsoft game studio; Microsoft recognized the union — Bethesda Game Studios workers have voted to join the Communications Workers of America, forming the first wall-to-wall union at a Microsoft video game studio.| Joseph Cox / 404 Media: |
The UK and US announce the arrest of a 17-year-old boy from Walsall, UK, suspected of being connected to the ransomware attack against MGM Resorts in 2023 — On Friday U.K. police announced, in a joint operation with the country's National Crime Agency (NCA) and the U.S. FBI … | New York Times: |
Michael Moritz urges Biden to drop out, joining other tech leaders such as Reed Hastings and the Zynga co-founder Mark Pincus in calling for Biden to step aside — Mr. Moritz became one of the party's top contributors to go public with his fears about the president's candidacy, saying that Mr. Biden had a choice: “vanity or virtue.”| Damien Wilde / 9to5Google: |
Xiaomi unveils the Mix Fold 4, starting at ~$1,237, and the Mix Flip, its first flip foldable, with a 4.01" cover display, starting at ~$825, available in China — Xiaomi has officially launched two brand new foldables, including the firm's first ever flip device.| Reuters: |
Nigeria fines Meta $220M after investigations showed data sharing on Facebook and WhatsApp violated local consumer, data protection, and privacy laws — Nigeria has fined Meta Platforms (META.O) $220 million after investigations showed data-sharing on its Facebook and WhatsApp platforms … | Brady Dale / Axios: |
Messari CEO Ryan Selkis says he's stepping down after a series of controversial political X posts, and Chief Revenue Officer Eric Turner will become interim CEO — - Selkis was there the moment that Trump first expressed support for the crypto world publicly, at an event the GOP nominee … | Alex Heath / The Verge: |
Sources: Google recently approached EssilorLuxottica's leadership about putting its Gemini AI assistant in future smart glasses — Meta is planning to spend billions to buy roughly 5 percent of EssilorLuxottica, the €88 billion European eyewear giant it has collaborated with on two generations of Ray-Ban smart glasses.| Emma Beavins / FierceHealthcare: |
Healthcare payments infrastructure provider Commure plans to acquire and take private Augmedix, which develops AI ambient clinical documentation tech, for $139M — Augmedix M&A Artificial Intelligence Digital Health — Healthcare technology company Commure plans to buy Augmedix … | Kylie Robison / The Verge: |
OpenAI's GPT-4o mini is its first model to use a safety technique called “instruction hierarchy” to prevent misuse and unauthorized instructions — Have you seen the memes online where someone tells a bot to “ignore all previous instructions” and proceeds to break it in the funniest ways possible?| Hayden Field / CNBC: |
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| Cecilia D'Anastasio / Bloomberg: |
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