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(Reuters) -- A global tech outage on Friday crippled industries from travel to finance before services started coming back online after hours of disruption, highlighting the risks of a global shift toward digital, interconnected technologies.
The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and global ports, with highly complex air freight systems suffering the heaviest hit, according to logistics experts, as global airlines grounded flights.
A massive IT outage that is causing unprecedented global disruptions isn't holding up business as usual in most parts of the financial markets, though one index provider did experience complications.
(Reuters) -- A global tech outage was disrupting operations in multiple industries on Friday, with airlines halting flights, some broadcasters off-air and everything from banking to health care hit by system problems.
SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing the company off as on the verge of going out of business.
ExxonMobil has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.
Several airlines halted flights on Friday, while others warned of delays and services being unavailable as the impact of an unprecedented IT outage was felt globally.
▶ Follow the AP’s live coverageof the global outage.