CrowdStrike, a cybersecurity firm, is being sued by shareholders and faces a class action lawsuit for a major software outage that crashed millions of computers, resulting in billions of dollars in losses for companies like Delta Air Lines and the Fortune 500. The outage was caused by faulty software upgrades from CrowdStrike and Microsoft.
CrowdStrike denies the allegations and says it will vigorously defend the lawsuit. Delta Air Lines, one of the companies affected by the outage, has hired an attorney to recoup its losses.
The incident has led to a significant drop in CrowdStrike's stock value. The outage affected 8.5 million Windows computers and disrupted airlines, banks, and hospitals.
The company's CEO testified to Congress about the incident. This event highlights the need for accountability and reliability in software systems, as a single line of code should not be able to cause such widespread disruption.
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