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Global Technology Outage Reportedly Affects Banks, Flights, Media
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Global Technology Outage Reportedly Affects Banks, Flights, Media
Jul 19, 2024 3:25 AM

06:08 AM EDT, 07/19/2024 (MT Newswires) -- A global Microsoft ( MSFT ) outage disrupted operations across multiple industries on Friday, affecting flights, broadcasts, as well as the banking and health care systems, according to multiple reports.

Cybersecurity firm Crowdstrike ( CRWD ) also suffered a major outage resulting from an issue with its latest update, the reports said.

Shares of Microsoft ( MSFT ) were down more than 2% in recent premarket activity Friday, while Crowdstrike ( CRWD ) fell more than 18%.

Airlines, telecoms, banks and media broadcasters in Australia were also impacted by the outage, local media reported.

Meanwhile, major US airlines have grounded flights over apparent communication problems, the reports said.

In an X post early Friday, Microsoft ( MSFT ) 365 said that "multiple services are continuing to see improvements in availability as our mitigation actions progress."

Microsoft ( MSFT ) and Crowdstrike ( CRWD ) did not immediately respond to requests for comment from MT Newswires.

Price: 430.01, Change: -10.36, Percent Change: -2.35

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