Flights grounded and passengers warned of delays amid global IT outage
Economy

Flights grounded and passengers warned of delays amid global IT outage

Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and […]

Microsoft users hit with ‘blue screen of death’ after massive outage
Economy

Microsoft users hit with ‘blue screen of death’ after massive outage

Microsoft users around the world are experiencing an error screen known as the “blue screen of death,” amid persisting widespread tech outages. The U.S. technology giant was impacted by an update from cybersecurity firmCrowdStrikewhichled to a major IT outage.Many other businesses have also been affected. “We’re aware of an issue with Windows 365 Cloud PCs […]

In the face of trade tensions, China says it will focus on its own economy
Economy

In the face of trade tensions, China says it will focus on its own economy

Real estate building under construction in Qingjiangpu District, Huai ‘an City, Jiangsu province, China, on July 15, 2024. Cfoto | Future Publishing | Getty Images BEIJING — Top Chinese officials on Friday emphasized the country would focus on its own affairs in the face of rising trade tensions. “As long as we do our own […]

Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Economy

Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy

Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over.Justin Tallis | Afp | Getty ImagesCryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to diversify the… […]

Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy
Economy

Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy

JPMorgan Chase and Company President and CEO Jamie Dimon testifies before a Senate Banking, Housing, and Urban Affairs hearing on “Annual Oversight of the Nation’s Largest Banks”, on Capitol Hill in Washington, U.S., September 22, 2022. Evelyn Hockstein | ReutersJPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington… […]