CrowdStrike

Crowdstrike forecasts first-quarter revenue below estimates

The company expects revenue for 2026 to be between US$4.74 billion and US$4.81 billion, in line with estimates

South Korean President Yoon Suk-yeol has been impeached by the nation's lawmakers.

2024 review: News that made global headlines

POLITICAL drama, historic interest-rate adjustments and crypto peaks. Major happenings in 2024 have caused some upheavals in certain corners of the global markets and political landscapes – and kept i...

Businesses are increasingly investing in Crowdstrike’s comprehensive cybersecurity services to combat the widespread threat of online hacking and digital fraud.

CrowdStrike raises annual forecast on steady cybersecurity demand

CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting on growing demand for cybersecurity services amid growing onli...

Delta, which has purchased CrowdStrike products since 2022, said the outage forced it to cancel 7,000 flights, affecting 1.3 million passengers over five days.

Delta Air Lines sues CrowdStrike over software update that prompted mass flight disruptions

Delta Air Lines’ lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike “catastrophic” and said the firm “forced untested and faulty updates to its customers,...

CrowdStrike expects annual revenue to be between US$3.89 billion and US$3.90 billion, compared with its prior expectations of US$3.98 billion to US$4.01 billion.

CrowdStrike cuts forecasts as Windows outage weighs on new deals

CYBERSECURITY firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain chall...

The conference marks the first big step by Microsoft to address the issues that affected nearly 8.5 million Windows devices on Jul 19, disrupting operations across industries ranging from major airlines to banks and healthcare.

Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage

MICROSOFT said on Friday (Aug 23) it would hold a summit in September on improving cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month.

The sales hit is due primarily to customer refunds and compensation in the form of cash and loyalty miles, says the airlines.

Delta sees US$380 million in lost sales from system breakdown

DELTA Air Lines expects US$380 million in lost revenue this quarter from the CrowdStrike Holdings technology outage that forced the carrier to cancel thousands of flights last month.

Last month, a software update from cybersecurity firm CrowdStrike triggered a global tech outage that caused massive disruptions to businesses with Microsoft Windows-based computers.

Singapore sets up task force to look into impact of CrowdStrike incident

It will assess if further measures are needed to improve the Republic’s digital resilience

The airline says it has invested billions of US dollars since 2016 in capital spending and annual operating costs related to IT.

Microsoft hits back at Delta in clash over system breakdown

MICROSOFT said Delta Air Lines turned down repeated offers for assistance following last month’s catastrophic system outage, echoing claims by CrowdStrike Holdings in an increasingly contentious confl...

CrowdStrike says that it hopes Delta will “agree to work cooperatively to find a resolution”.

CrowdStrike says Delta CEO ignored offer for help during outage

CROWDSTRIKE Holdings said the leadership of Delta Air Lines failed to respond to an offer for assistance in the wake of last month’s catastrophic system outage that led to thousands of cancelled fligh...