- Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.
- The airline canceled more than 4,000 flights in the wake of the outage, which was caused by a botched CrowdStrike software update and took thousands of Microsoft systems around the world offline.
- Bastian, speaking from Paris, told CNBC’s “Squawk Box” on Wednesday that the carrier would seek damages from the disruptions, adding, “We have no choice.”
I can’t wait to see crowdstrike get liquidated from all of this, MSOFT is getting so much flak when this straight up wasn’t their fault
Their stock is at +44% since July 2023, they might be fine
Pure gambling
Lawsuits haven’t started yet, too soon. Companies effected by the outage are still running number to see HOW effected they were
Why would they be liquidated?
Inability to pay the settlements on the inevitable lawsuits that will be coming their way for halting the world economy for a day
I’m sure their Terms of Service make it clear they have limited liability or need to go to arbitration.
Yea because that always holds up in court. I’m sure every legal team will claim the lack of QA was gross negligence on Crowdstrikes part and that normally allows vast portions of agreements to be nullified as one party clearly didn’t hold up their end of the deal
Crowdstrike wouldn’t have a business model if the security of Microsoft Windows wasn’t so awful. Microsoft isn’t directly to blame for this, but they’re not blameless either.
Windows defender for enterprise is a strong competitor in that market, and CISO that went with crowdstrike did it because the crowdstrike sales team hosts really great lunches and sponsors lots of sports teams