Cybersecurity firm CrowdStrike saw its shares plunge Friday in premarket trading, after an update led to a major outage, impacting businesses globally.
US tech giant Microsoft said Friday it was taking "mitigation actions" after service disruptions.
Major U.S. airlines including American, Delta, and United grounded flights on Friday while the London Stock Exchange also experienced technical issues.
Microsoft users worldwide, including banks and airlines, reported widespread outages on Friday, hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services.
Flights have been grounded, banks and IT systems crippled and a TV station forced off air after Microsoft's Windows platform was hit by what reports are calling a "flawed anti-viral update". A cloud services outage overnight caused chaos in the US.
Microsoft's cloud services have been restored after they suffered an outage, the company said on Friday. The U.S. tech giant said late on Thursday that customers in the Central U.S. region may expereince issues with multiple Azure services.
Microsoft reported a service outage for its Microsoft 365 apps and services, affecting businesses and users across the world.
Microsoft said on Thursday that it was investigating issues with multiple Azure services in the Central U.S. region, including failures with service management operations and connectivity or availability of services.
Microsoft-backed (MSFT) OpenAI unveiled GPT-4o mini, its latest artificial intelligence (AI) model that is smaller and lower cost than its predecessors, in a move that could help advance the AI pioneer's position in the AI race.
Microsoft Corp (NASDAQ:MSFT) stock staged a pullback after its recent July 5 record high of $468.35, currently headed for its seventh daily loss in the last nine trading sessions.
Microsoft Corp MSFT has recently disbanded its diversity, equity, and inclusion (DEI) team. This information was revealed through a leaked email from the DEI team leader, who mentioned "changing business needs" as the reason for the decision.
OpenAI on Thursday launched a new AI model, "GPT-4o mini," the artificial intelligence startup's latest effort to expand use of its popular chatbot. The company called the new release "the most capable and cost-efficient small model available today," and it plans to integrate image, video and audio into it later.