Global IT Outage Grounds Flights, Causes Major Delays
A large crowd is seen at Suvarnabhumi Airport in Bangkok, Thailand, on July 19, 2024, due to a global cyber outage triggered by issues with Microsoft and CrowdStrike. Airlines around…
Elliott Management Acquires Major Stake in Starbucks, Engages with Management
Elliott Management recently acquired a significant stake in Starbucks and is working with the company’s management to improve its stock, according to a report published Friday by the Wall Street…
Capgemini Predicts AI-Driven Self-Employed Workers to Debut in 2025
Capgemini, a leader in technology services, predicts that by 2025, AI-powered agents will collaborate to perform tasks within a multi-agent AI framework. Pascal Brier, Capgemini's chief innovation officer, revealed in…
Delta Faces Major Disruption From Microsoft Outage
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world have been severely disrupted by…
Caitlin Clark Star Takes Over The Brickyard
The worlds of NASCAR and WNBA collided this weekend when Caitlin Clark's image graced the hood of Josh Berry's car at Indianapolis Motor Speedway. The unexpected partnership between the rising…
CrowdStrike Outage Highlights Risks of Rapid Software Updates
A widespread outage caused by a faulty CrowdStrike software update has raised concerns about the potential consequences of rapidly deploying the software. The incident, which disrupted operations at numerous companies…
IMF questions rapid rate-cutting path amid persistent inflation
The International Monetary Fund (IMF) has tempered expectations for rapid interest rate cuts, warning of increased inflation risks that could extend the Federal Reserve's tightening cycle. While recent data have…
Tech rout eases as investors eye rate cuts, policy change
U.S. stock futures edged higher Sunday night, offering a reprieve from last week’s tech-led selloff. The S&P 500 suffered its steepest weekly decline since April as investors shifted from mega-cap…