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☆ The global tech outage showed how we’re just one mistake away from chaos
  + stars: | 2024-07-23 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
“So this is going to be incredibly painful for CrowdStrike customers.”And even if your business had nothing to do with CrowdStrike, the outage still might have ruined your day. You didn’t have to be a CrowdStrike customer to get screwed by the company’s mistake, and that’s what made Friday’s outage so frustrating. But the scale of the CrowdStrike outage is once again underscoring just how interconnected the world has become through a network almost none of us understands and which is largely self-regulating. Microsoft estimated the CrowdStrike outage affected some 8.5 million Windows devices. “Our tech platforms have a mix of legacy systems coupled with modern systems, which means that the weakest link determines the overall system performance.
Persons: CNN Business ’, — didn’t, you’ve, CrowdStrike, Brian Fung, ”, Kevin Beaumont, underscoring, Stuart Madnick, Anil Khurana, ” Khurana, Khurana, Madnick, it’s Organizations: CNN Business, New York CNN, Blue, Microsoft, MIT Sloan School of Management, Airlines, Baratta Center, Global Business, Georgetown’s McDonough Business School, Boeing, JPMorgan Locations: New York
☆ Fed Finds Economy Holding Stable, Price Pressures Easing
  + stars: | 2024-01-17 | by ( Tim Smart | Jan. | At P.M. | ) www.usnews.com   time to read: +4 min
Notably, the report suggested that inflation was not as powerful a force as it had been a few months back. These numbers point to a strong spring, especially with the Fed getting more dovish. “Both changes would support the economy and extend growth, but also likely weaken the US dollar,” Khurana says. Businesses are entering 2024 in a positive mood, according to Dun & Bradstreet’s quarterly Global Business Optimism index released on Tuesday. The National Association of Homebuilders’ sentiment index improved in January to its highest level since September.
Persons: “, ”, David Russell, Chip, ” Brij, Khurana Organizations: Federal Reserve, “, Fed, Wellington Management, National Association of Locations: York, Dun
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