CrowdStrike’s shares fell a further 13% on Monday 22nd July 2024 while the cybersecurity software firm attempted to help clients from various sectors to recover from an outage that disrupted millions of Microsoft Windows devices on Friday 19th July 2024. CrowdStrike 5-day share price chart Early Friday, the company releasedRead More →
CrowdStrike issue causes major outage affecting thousands of businesses around the world The irony It has been widely reported that an ‘update‘ by ‘cybersecurity‘ firm CrowdStrike led to a major IT outage on Friday 19th July 2024, impacting businesses around the world. Microsoft systems have been badly affected. CrowdStrike statementRead More →
The world is in debt to the tune of $315 trillion, and counting. $315,000,000,000,000 $315 trillion or $315,000,000,000,000 is a daunting number, it’s massive. In 2024, the global GDP reached just $109.5 trillion, just over a third of the global debt figure. Perspective To provide some perspective, with the worldRead More →
More than $170 billion has been erased from the cryptocurrency market due to concerns over the Mt. Gox bitcoin payout. Bitcoin’s price plummeted over 6% in 24 hours, reaching $54,237, marking its lowest point since late February 2024. The total cryptocurrency market lost over $170 billion in market capitalization withinRead More →
Tories trashed as the Labour Party achieve landslide victory – but will this translate to an era of better politics or will it deliver just more of the same?Read More →
UK Election betting scandal mars politicians and the police! Just when you think the state of UK politics couldn’t get any worse… it does! The ‘clicky’ inner circles of both the Conservative and of the Labour Party with their mucky little antics – placing bets on the date of theRead More →
SS Sunak – rats deserting a Sinking Ship! UK Election: I don’t know if it’s just me but… where are all the Conservative Party cabinet BIG hitters? Sunak has very little support, if any from his cabinet! Where is Jeremy Hunt, the Chancellor of the Exchequer for example? He’s notRead More →
UK election defence device to help stop you getting… ‘drowned out’.Read More →
On 22nd May 2024, UK Prime Minister Rishi Sunak announced a snap general election for 4th July 2024 This decision caught many by surprise, as the election was called more than around six months earlier than legally required. Election Date: 4th July 2024 – let the fireworks begin The Conservative Party, led by Rishi Sunak, isRead More →
The federal debt reportedly reached $34.5 trillion, marking an increase of approximately $11 trillion since March 2020. This surge has sparked discussions among government and financial leaders, with a notable Wall Street firm questioning whether the associated costs could threaten the stock market’s upward trend. The Congressional Budget Office projectsRead More →
Shares of GameStop and AMC surged by approximately 60% in premarket trading on Tuesday 14th May 2024, signalling a potential continuation of gains as the meme stock crazes makes an unwelcome comeback. Shares of the video game retailer GameStop surged 59% higher in late trade while the movie theatre chainRead More →
The Home Office eventually resolved a nationwide ‘issue’ that led to significant delays at passport e-gates. UK airports such as Heathrow, Gatwick, Edinburgh, Birmingham, Bristol, Newcastle, and Manchester have all reported delays in arrivals late on Tuesday 7th May 2024 due to a Border Force issue. E-gates, which are automatedRead More →
The breach involved a third-party payroll system used by the MoD The compromised system contained names and bank details of both current and past members of the UK armed forces. While the full extent and consequences of the breach are still under investigation, preliminary results reportedly indicate that no data was extracted during the incident.Read More →
UK police have dismantled a gang that provided a technology service enabling criminals to use fraudulent text messages to defraud victims Britain’s Metropolitan Police announced on Thursday 18th April 2024 that the ‘LabHost‘ website had been utilised by 2,000 criminals to pilfer personal details from users. The police have reportedlyRead More →
It has been a turbulent time at Twitter since Musk’s acquisition and the subsequent renaming of the company to X. X is a subsidiary of X Holdings Corp., which is owned by Elon Musk. X has faced several issues and controversies since its inception, such as advertiser boycott, declining user base,Read More →
A recent cyber-attack on CTS, a company that provides IT services to law firms and other organisations in the UK legal sector. It was reported the cyberattack occurred on Wednesday, 22nd November 2023, and caused a widespread outage that affected dozens of law firms and homebuyers. The cyberattack was reportedlyRead More →
It is widely reported that HSBC‘s online banking system is experiencing some problems today, 24th November 2023. According to the news reports, many customers are unable to access the app or the website or make payments. The bank has acknowledged the issue and said it is working hard to fixRead More →
At the speed of AI, the story at OpenAI moves at lightning speed. Hundreds of OpenAI employees signed a letter demanding the OpenAI board resign or face an employee exodus to Sam Altman’s new venture at Microsoft ‘imminently‘. The board then attempted to negotiate Altman’s return, but those talks wereRead More →
Welcome politics at No. 10 Downing street The phrase ‘throwing your toys out of the pram’ is a British idiom that means to behave in a childish or immature way when you are angry or frustrated. It is usually used to criticize someone who is acting unreasonably or making aRead More →
Sam Altman, the former CEO of OpenAI, who was fired last week in a controversial board decision. According to the latest reports, Altman is joining Microsoft to lead a new AI research team that will focus on advanced and ethical AI development. Altman is a well-known entrepreneur and investor whoRead More →
Sam Bankman-Fried, founder of the world’s biggest cryptocurrency exchange, has been found guilty of fraud and money laundering at the end of a month-long trial in New York. He was accused of lying to investors and customers and stealing billions of dollars from FTX, which went bankrupt in November 2022. HeRead More →
It has been suggested Rishi Sunak and Boris Johnson have overseen biggest tax rises since the Second World War ‘Fiscal responsibility’ – code words for ‘cock-up!’ Chancellor Jeremy Hunt and Prime Minister Rishi Sunak have stressed the need for ‘fiscal responsibility’ amid still-high inflation and rising debt costs. According toRead More →
The stock market can’t get a break It’s frustrating! The stock market can be very volatile and unpredictable, especially in times of uncertainty and crisis. It seems like investors are reacting to every piece of news, whether it’s good or bad, with fear and panic. According to some analysts, theRead More →
