Microsoft Windows : Largest IT outage in history ?

Neeraj Upadhyay — Tue, 23 Jul 2024 10:54:46 +0000

A huge Microsoft outage caused chaos worldwide, stopping flights and disrupting banks, stock exchanges, payment systems, and emergency services.
One of the biggest IT crashes happened early on Friday, affecting almost all sectors, including finance , stock market, banks, and NBFCs, public transport, aviation, companies, media broadcasting, and hospitality.

Late on Friday, Microsoft Chairman and CEO Satya Nadella said that CrowdStrike released an update that started affecting IT systems worldwide on July 18.

Yesterday, CrowdStrike released an update that began impacting IT systems globally. We are aware of this issue and are working closely with CrowdStrike and across the industry to provide customers technical guidance and support to safely bring their systems back online.
— Satya Nadella (@satyanadella) July 19, 2024

Reason for the Outage:

It is not a security incident or a cyberattack. A defect was found in a content update for the Windows Hosts System. The issue impacted computers running the Windows operating system and CrowdStrike software.” Mac and Linux hosts are not impacted. The issue has been identified, isolated and a fix has been deployed.” says CrowdStrike CEO George Kurtz. Separately, Microsoft said on Friday that its cloud services were restored after an outage, although many users still reported problems. CrowdStrike’s shares closed down 11%.

Here’s a tweet below that shares more technical detail about the issue:

Crowdstrike Analysis:

It was a NULL pointer from the memory unsafe C++ language.

Since I am a professional C++ programmer, let me decode this stack trace dump for you. pic.twitter.com/uUkXB2A8rm
— Zach Vorhies / Google Whistleblower (@Perpetualmaniac) July 19, 2024

India’s IT Ministry:

The central government in India noticed the outage and said it is talking with Microsoft to fix the problem. The Ministry of Electronics and Information Technology might release advice about the outage. Union Minister Ashwini Vaishnaw said that the IT ministry is in touch with Microsoft regarding the global outage.

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NVIDIA is the world’s most valuable company overtaking Tech Giant Microsoft

Neeraj Upadhyay — Wed, 19 Jun 2024 11:07:57 +0000

On Tuesday Nvidia’s share price rallied over 3% making the chip manufacturer the world’s most valuable company by market share capitalization among public corporations. dethroning the global tech company Microsoft. Nvidia’s shares went up by 3.5% to $135.58, increasing its market value by over $110 billion to $3.335 trillion. This happened just a few days after it surpassed Apple to become the second most valuable company.

Recent stock performance:

Shares of Microsoft and Apple, the second and third most valuable companies, dropped by 0.45% and 1.1%, respectively. Nvidia’s stock price increased, which has pushed the S&P 500 and Nasdaq indexes to record highs, continuing to go up. Nvidia’s graphics processing units or (GPUs) are essential for AI development. Nvidia also controls about 80 percent of the market for AI chips used in data centers needed to run AI models such as OpenAI’s ChatGPT.

Overview of NVIDIA’s products:

NVIDIA is famous for making powerful graphics cards used in gaming, professional work, and data centers. They are also known for their technology in artificial intelligence, self-driving cars, and their software that helps developers use their graphics cards for more than just graphics.

Nvidia’s products include NVIDIA RTX, NVIDIA DGX Systems(computing systems designed for AI research), NVIDIA Jetson(developer kits used for embedded applications, and robotics) and NVIDIA Drive(An End-to-End Autonomous Vehicle Development Platform).

Historical stock performance:

Since it started selling stock in 1999, NVIDIA’s shares have increased by 591,078%. If someone invested $10,000 in NVIDIA back then, their shares would be worth $59,107,800 today.
For many years, NVIDIA mainly made chips for computer games. NVIDIA’s market value grew quickly from $1 trillion to $2 trillion in nine months by February. Then, it reached $3 trillion in just over three months by June.

Corporate Announcements and Events

NVIDIA has announced that its 2024 Annual Meeting of Stockholders will take place online on Wednesday, June 26th at 9 a.m. Pacific Time.
The US stock market is closed on Wednesday, June 19th for Juneteenth National Independence Day and will reopen on Thursday, June 20th.