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Elon Musk’s X and Starlink face daily fines in Brazil for ban evasion

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Elon Musk’s X and Starlink face daily fines in Brazil for ban evasion

Combinations showing Entrepreneur Elon Musk (L) and Brazil Supreme Court Justice Alexandre de Moraes (R) Reuters (L) | Getty Images (R) Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court on Thursday. The fines, imposed by Brazil’s … Read more

What is CrowdStrike (CRWD), and how did it cause global IT outages?

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What is CrowdStrike (CRWD), and how did it cause global IT outages?

George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks … Read more