WashingtonExaminer

On July 18, the average person had no idea what “CrowdStrike” was. That changed in a hurry when a minor programming error in a mandatory, and automatically distributed, update to the company’s “Falcon” program disabled much of the Western world’s computing infrastructure. It grounded flights, disabled 911 response centers in at least three states, and […]

Computing chaos: When CrowdStrike sneezes, the entire business world catches a cold

PYMNTS

The artificial intelligence landscape is experiencing a dramatic transformation as tech giants and startups compete for dominance in AI-powered search, robotics and edge computing while regulators rush to adapt. From Microsoft and Google’s battle for search supremacy to the emergence of AI delivery bots and unicorn startups, the AI boom is reshaping industries and attracting billions in investment, even as U.S., EU and U.K. regulators unite to address potential antitrust issues in this rapidly evolving field.

This Week in AI: AI Surge Ignites Global Tech Race and Regulatory Response

Distributing workloads among various providers offers protection from failure, but make sure your business can handle the complexity and costs. A July 18 software update from CrowdStrike caused a massive IT outage, leading to chaos across airports, banks, stock exchanges, hospitals, and more. This incident, marked by widespread occurrences of the “blue screen of death” (BSOD), highlighted the vulnerability of relying on a single cloud provider.

The case for multicloud: Lessons from the CrowdStrike outage

The global technology marketplace is increasingly dominated by a select few companies, each fighting to further reinforce their competitive position. As a clear demonstration of this trend, recent analysis shows that Amazon Web Services (AWS), Microsoft Azure and Google Cloud control over two-thirds of the entire public cloud industry. In what has come to be known as the ‘cloud oligopoly’, a consolidation of the market has created some unexpected challenges for businesses. In pursuit of a distributed and more resilient business, many organizations have been left inadvertently exposed to concentration risk – with many of the SaaS products they rely on hosted on the same public cloud providers.

The Risks of the Cloud Oligopoly

Generative AI has emerged as the poster child for the burgeoning AI movement, driven by popular apps such as ChatGPT. But it remains a cause for concern within enterprise settings, largely due to issues around security and data privacy. Prompt response. Founded out of Zurich in 2021, Lakera officially launched...

Lakera, which protects enterprises from LLM vulnerabilities, raises $20M

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Rite Aid is making headlines again, but unfortunately, not for the best reasons. The essential pharmacy chain is closing a staggering 400 stores, a major uptick from the 143 closures initially planned when it filed for Chapter 11 bankruptcy last October.

A large retail chain is shutting down hundreds stores after going through Chapter 11 bankruptcy

Maryland State

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Fairfax County, VA

Washington, DC

Cheryl E Preston

The Bunny Man is an ever-evolving urban legend. The story originated from two documented incidents in 1970 in Fairfax County, Virginia, where a man in a rabbit suit attacked people in different locations. In both situations, he yelled that his victims were trespassing.

The Bunny Man legend was based on real events and continues to evolve over the decades

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

By tracking these layoffs, we’re able to understand the impact on innovation across companies large and small. We’re also able to see the potential impact of businesses embracing AI and automation for jobs that had previously been considered safe. It also serves as a reminder of the human impact of layoffs and what could be at stake in regards to increased innovation.

A comprehensive list of 2024 tech layoffs

The Associated Press

RALEIGH, N.C.--(BUSINESS WIRE)--Jul 25, 2024-- Lenovo, the global technology powerhouse, today announced the appointment of Dr. Tolga Kurtoglu as the group’s new Chief Technology Officer, succeeding Dr. Yong Rui in further accelerating the Group’s technology vision and AI leadership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240725000049/en/ Dr. Tolga Kurtoglu, Chief Technology Officer, Lenovo Group. (Photo: Business Wire)

Lenovo Names Dr. Tolga Kurtoglu as New Chief Technology Officer

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

The Independent

CrowdStrike has offered some of its partners a $10 Uber Eats gift card as an apology for the massive global outage that crashed millions of computers last week.The cyber security firm sent an email to its “teammates and partners” in the wake of Friday’s disruption, which one insurer estimated will cost major companies more than $5 billion (£3.9bn) in financial losses.“We recognise the additional work that the 19 July incident has caused. And for that, we send our heartfelt thanks and apologies for the inconvenience,” the email stated, which recipients shared on Reddit forums and on X (formerly Twitter).“To express...

CrowdStrike offers $10 gift card apology for $5bn outage

WASHINGTON (AP) — U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world.  CrowdStrike said this week a “significant number” of the millions of computers that crashed on Friday, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong.  Republicans who lead the House Homeland Security committee said Monday they want those answers soon.  “While we appreciate CrowdStrike’s response and coordination with stakeholders, we cannot ignore the magnitude of this incident, which some have claimed is the largest IT outage in history,” said a letter to Kurtz from Rep. Mark E. Green of Tennessee and Rep. Andrew Garbarino of New York.

CrowdStrike CEO called to testify to Congress over cybersecurity's firm role in global tech outage

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Bucks County Beacon

As chairman of the U.S. Senate Committee on Health, Education, Labor & Pensions, Senator Bernie Sanders released a June report entitled “ By the Wealthy, for the Wealthy: The Coordinated Attacks on Public Education in the United States .” The report is a brief but thorough (16 pages of text, 4 pages of footnotes) takedown of the current wave of attempts to end public education as we know it.

Senator Bernie Sanders Warns in New Report of Right-Wing Billionaire Plot to Sabotage Public Education in Order to Privatize It

Washington State

Mill Creek, WA

Timothy A Gruver

The Washington State Department of Labor & Industries reported on Wednesday that it fined four roofing contractors more than a million dollars for letting their workers perform on top of homes without fall protection gear, among other safety violations.

Roofing Companies Fined $1.27M for Endangering Workers

Your payday might be delayed thanks to the global CrowdStrike outage. The Global Payroll Association (GPA) warned Friday that millions of workers around the world “risk going without their wages” because their employers or banks rely on CrowdStrike. Suggested Reading. Austin-based CrowdStrike issued an update late Thursday to...

The CrowdStrike tech outage could mean a missed payday for millions

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

NewsBreak

ZeroTier raises $13.5M to help avert CrowdStrike-like network problems

While legacy companies like Cisco or Palo Alto Networks typically secure edge networks, the new vanguard of this sector is considered to be more focused around...

ZeroTier raises $13.5M to help avert CrowdStrike-like network problems

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