Elon Musk: We just deleted Crowdstrike $CRWD from all our systems
Businesses worldwide struggled with a major IT outage on Friday, causing disruptions in financial services, doctors’ offices, and some TV broadcasters. Air travel was especially affected, with grounded planes, delayed services, and airports advising passengers.
The outage followed a significant disruption at cybersecurity giant CrowdStrike early Friday due to an issue with a recent tech update.
CrowdStrike CEO George Kurtz stated that the company is “actively working with customers impacted by a defect found in a single content update for Windows hosts,” noting that Mac and Linux hosts were not affected.
“This is not a security incident or cyberattack. The issue has been identified, isolated, and a fix has been deployed,” Kurtz said on social media.
One expert suggested it might be the “largest IT outage in history.”
Separately, Microsoft cloud services were restored after an outage, the company announced on Friday, though many users continued to report issues.
Shares of CrowdStrike closed down 11%.
Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices
5/17/2025 11:59 PMMoody’s downgrades US credit rating to Aa1 from Aaa
5/17/2025 4:55 AMYouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos
5/16/2025 7:55 PMCEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected
5/16/2025 7:51 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
