Technology

59402 readers

2667 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

1202

Major IT outage affecting banks, airlines, media outlets across the world (www.abc.net.au)

submitted 4 months ago* (last edited 4 months ago) by rxxrc@lemmy.ml to c/technology@lemmy.world

555 comments fedilink hide all child comments

All our servers and company laptops went down at pretty much the same time. Laptops have been bootlooping to blue screen of death. It's all very exciting, personally, as someone not responsible for fixing it.

Apparently caused by a bad CrowdStrike update.

Edit: now being told we (who almost all generally work from home) need to come into the office Monday as they can only apply the fix in-person. We'll see if that changes over the weekend...

you are viewing a single comment's thread
view the rest of the comments

[–] TheBat@lemmy.world 2 points 4 months ago (1 children)

You're going to love this: https://old.reddit.com/r/wallstreetbets/comments/1e6ms9z/crowdstrike_is_not_worth_83_billion_dollars/?sort=old

[–] sugar_in_your_tea@sh.itjust.works 2 points 4 months ago* (last edited 4 months ago)

Nice. The first comment is basically saying, "they're best in class, so they're worth the premium." And then the general, "you'll probably do better by doing the opposite of /r/wallstreetbets" wisdom.

So yeah, if I wanted to gamble, I'd be buying calls for a week or so out when everyone realizes that the recovery was relatively quick and CrowdStrike is still best in class and retained its customers. I think that's the most likely result here. Switching is expensive for companies like this, and the alternatives aren't nearly as good.