Wolff Mercedes stake sale will have impact on value of Formula 1 Sport Business The valuation placed on Formula 1 team Mercedes after co-owner Toto Wolff’s interest in reducing his stake will have a welcome impact on the overall worth of the sport, experts have suggested. Wolff co-owns the outfit – officially titled Mercedes AMG Petronas F1 Team – equally with the eponymous German car manufacturer and Ineos billionaire [...]
North Korean hackers use fake WFH jobs to infiltrate UK firms Tech North Korean state-backed hackers are using AI generated resumes and stolen identities to infiltrate UK firms, under the guise of remote IT working. According to a new threat report from Crowdstrike, the group – known as ‘Famous Chollima’ – has pivoted its focus from the US to the UK and Europe after a string of [...]
Crowdstrike shares slide despite beating expectations amid IT outage fallout Tech Shares in cybersecurity firm Crowdstrike tumbled over seven per cent in after-hours trading, even as the scandal-stricken company posted better than expected second-quarter earnings for its financial year 2025. The Nasdaq-listed company, still reeling from last month’s global IT outage, posted total revenue of $963.9m (£729m), a 32 per cent increase from $731.6m (£553.3m) in [...]
The Crowdstrike disaster was bound to happen. The cloud is a chokepoint in our interconnected world July 23, 2024 Last week, Crowdstrike caused a global tech meltdown due to a botched software rollout. The incident should be seen as a dry run for the next time someone throws a spanner into our globally interconnected tech ecosystem, writes Andy Blackmore.
More flight cancellations and delays expected in wake of global IT outage July 20, 2024 A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.
A ‘blue screen of death loop’: How a Crowdstrike update crashed Microsoft systems around the world July 19, 2024 Crowdstrike's flagship product, reported to be the cause of the tech crash today, acts like an antivirus, using artificial intelligence and machine learning to detect and prevent threats.