Chris Liu
The Latest
-
CrowdStrike Faces Investor Lawsuit and Corporate Backlash Following Global Outage
CrowdStrike, a leading cybersecurity company, is facing a class action lawsuit from shareholders following a significant global outage caused by a faulty software update. The incident, which occurred on July 19, led to the crash of over 8 million computers worldwide and has resulted in severe disruptions across various sectors, including airlines, banks, hospitals, and emergency services. 
CrowdStrike, a leading cybersecurity company, is facing a class action lawsuit from shareholders following a significant global outage caused by a faulty software update. The incident, which occurred on July 19, led to the crash of over 8 million computers worldwide and has resulted in severe disruptions across various sectors, including airlines, banks, hospitals, and emergency services. -
Delta Faces $500 Million Hit from IT Meltdown, Seeks Damages from CrowdStrike and Microsoft
Delta Air Lines is grappling with the financial fallout from a significant IT outage earlier this month, which CEO Ed Bastian disclosed has cost the company $500 million. The disruption, caused by a botched software update from cybersecurity firm CrowdStrike, led to thousands of canceled flights and left passengers stranded, incurring massive costs in lost revenue and customer compensation. 
Delta Air Lines is grappling with the financial fallout from a significant IT outage earlier this month, which CEO Ed Bastian disclosed has cost the company $500 million. The disruption, caused by a botched software update from cybersecurity firm CrowdStrike, led to thousands of canceled flights and left passengers stranded, incurring massive costs in lost revenue and customer compensation. -
Microsoft Confirms New Azure Outage Caused by Cyberattack
Microsoft has confirmed that a distributed denial-of-service (DDoS) cyberattack was behind the Azure outage that disrupted services for nearly 10 hours on July 30. The incident, which affected various Microsoft services including Microsoft 365 products and Azure, highlights the tech giant's vulnerability despite its robust cybersecurity measures. 
Microsoft has confirmed that a distributed denial-of-service (DDoS) cyberattack was behind the Azure outage that disrupted services for nearly 10 hours on July 30. The incident, which affected various Microsoft services including Microsoft 365 products and Azure, highlights the tech giant's vulnerability despite its robust cybersecurity measures. -
Intel Plans Thousands of Job Cuts Amid Financial Struggles and Market Share Losses
Intel Corporation is preparing to cut thousands of jobs as part of a strategy to finance its recovery and address eroding market share, according to a report by Bloomberg News. The move is expected to help the company cope with financial challenges and intensify its efforts to regain competitive ground in the semiconductor industry. 
Intel Corporation is preparing to cut thousands of jobs as part of a strategy to finance its recovery and address eroding market share, according to a report by Bloomberg News. The move is expected to help the company cope with financial challenges and intensify its efforts to regain competitive ground in the semiconductor industry. -
Apple Reveals AI Training on Google Chips, Sidelines Nvidia
Apple's latest move in the artificial intelligence arena has raised eyebrows, as the tech giant disclosed that its AI models were trained on Google's custom chips, rather than Nvidia's widely used GPUs. This revelation, detailed in a recently published technical paper by Apple, marks a significant shift in the landscape of AI training infrastructure, underscoring the competitive and strategic decisions being made by leading technology firms. 
Apple's latest move in the artificial intelligence arena has raised eyebrows, as the tech giant disclosed that its AI models were trained on Google's custom chips, rather than Nvidia's widely used GPUs. This revelation, detailed in a recently published technical paper by Apple, marks a significant shift in the landscape of AI training infrastructure, underscoring the competitive and strategic decisions being made by leading technology firms. -
Apple Unveils Groundbreaking AI Features in iOS 18.1 Developer Beta
Apple Inc. (AAPL) has taken a significant step in integrating advanced artificial intelligence (AI) into its ecosystem with the release of its latest developer betas for iOS 18.1, iPadOS 18.1, and macOS Sequoia. This rollout marks the first time developers can access Apple's highly anticipated Apple Intelligence platform, a major initiative aimed at enhancing user experience through sophisticated AI capabilities. 
Apple Inc. (AAPL) has taken a significant step in integrating advanced artificial intelligence (AI) into its ecosystem with the release of its latest developer betas for iOS 18.1, iPadOS 18.1, and macOS Sequoia. This rollout marks the first time developers can access Apple's highly anticipated Apple Intelligence platform, a major initiative aimed at enhancing user experience through sophisticated AI capabilities. -
CrowdStrike CEO: 97% Systems Restored After Global IT Outage, 250,000 Devices Still Offline
In the wake of a massive IT outage triggered by a faulty update, CrowdStrike CEO George Kurtz reported that over 97% of systems affected by the issue are now back online. The incident, which grounded flights and disrupted major services worldwide, affected approximately 8.5 million machines. Despite the significant recovery progress, around 250,000 devices remain offline. 
In the wake of a massive IT outage triggered by a faulty update, CrowdStrike CEO George Kurtz reported that over 97% of systems affected by the issue are now back online. The incident, which grounded flights and disrupted major services worldwide, affected approximately 8.5 million machines. Despite the significant recovery progress, around 250,000 devices remain offline. -
Apple to Replace iPhone 17 Plus with Innovative Ultra-Slim Model - Report
Apple is set to discontinue the iPhone 17 Plus, introducing a new ultra-slim model in its place. This move comes in response to the low demand for the Plus variant and signals a strategic pivot towards innovative design over traditional hardware upgrades. 
Apple is set to discontinue the iPhone 17 Plus, introducing a new ultra-slim model in its place. This move comes in response to the low demand for the Plus variant and signals a strategic pivot towards innovative design over traditional hardware upgrades. -
CrowdStrike Bug Causes $5 Billion Loss for Fortune 500 Companies, Disrupts Global Operations
A software glitch in CrowdStrike's cybersecurity system led to a massive global technology outage last week, causing significant disruptions across multiple industries, including airlines, hospitals, banks, and other businesses. The incident, which affected approximately 8.5 million computers running Microsoft Windows, has been described as the largest IT outage in history. 
A software glitch in CrowdStrike's cybersecurity system led to a massive global technology outage last week, causing significant disruptions across multiple industries, including airlines, hospitals, banks, and other businesses. The incident, which affected approximately 8.5 million computers running Microsoft Windows, has been described as the largest IT outage in history. -
Huawei Delays Mate 70 Launch to Finalize HarmonyOS NEXT Development
Huawei, the Chinese tech giant, has reportedly delayed the launch of its highly anticipated Mate 70 smartphone series, initially slated for October. The postponement is attributed to the need for further development of its in-house operating system, HarmonyOS NEXT. This delay underscores the challenges Huawei faces as it transitions away from Android and seeks to establish its own software ecosystem free from U.S. trade sanctions. 
Huawei, the Chinese tech giant, has reportedly delayed the launch of its highly anticipated Mate 70 smartphone series, initially slated for October. The postponement is attributed to the need for further development of its in-house operating system, HarmonyOS NEXT. This delay underscores the challenges Huawei faces as it transitions away from Android and seeks to establish its own software ecosystem free from U.S. trade sanctions.
