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Crowstrike will take weeks to resolve

Broadcast United News Desk
Crowstrike will take weeks to resolve

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How do you work in Pärnu in the summer? How do you build the world’s largest company in your industry in Pärnu? How do you manage a remote team of 25 employees in 16 countries? And how do you make tomatoes grow more efficiently?

Tarmo Wilki, Aly Rayev, and Oliver Schild.
  • Tarmo Wilki, Aly Rayev, and Oliver Schild. photo: Talmo Fortress

These questions and many others will be answered in the show “Unicorn Breeding Center”, where host Tarmo Virki visits Pärnu. Guests include Oliver Sild, founder of the free software security company Patchstack, and Aare Raev, founder of the agricultural startup Tamiatics.

In addition to the challenges and opportunities of building a startup in Pärnu, we will also discuss the impact of the Crowdstrike software update, which caused millions of computers to stop working. Oliver Sild says that this problem will plague large companies in the coming weeks, as all affected computers will have to be manually checked.

Security startup executive: Crowdstrike issues will take weeks to resolve

Shares of cybersecurity company CrowdStrike rose another 3.43% in pre-market trading today after falling by more than a tenth on Friday.

Microsoft announced on Friday that the world-changing IT outage affected a total of 8.5 million devices, the BBC reported.

The “blue screen of death” was a global technology glitch that disrupted operations across multiple industries on Friday, grounded flights and shut down everything from banks to health care systems. Why did it happen?

The impact on Estonia is quite limited

Today, banks, airlines and media groups have all been hit by global IT outages causing massive damage.

Gold prices rose to new highs in both the dollar and the euro. The market believes that the Federal Reserve is increasingly likely to decide to cut interest rates as early as September after a speech by Federal Reserve Chairman Jerome Powell on Monday. In the short term, this provides momentum for gold prices to surpass the highs in May.

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