Software Financial News

25.07 / 03:56

UPS Provident Platform Software hospital prevention Updates CrowdStrike blames bug for letting bad data slip through, leading to global tech outage

CrowdStrike has blamed a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers

25.07 / 03:55

Airlines Software Boeing Justice Department prevention Courts US files details of Boeing’s plea deal related to plane crashes. It's in the hands of a judge now

The Justice Department has filed an agreement in which Boeing will plead guilty to a fraud charge for misleading regulators who approved the 737 Max jetliner before two of the planes crashed, killing 346 people

25.07 / 03:53

Progressive CEO Airlines Software Olympics travelers Department Delta CEO, in Paris for the Olympics, says outage-related cancellations should end Thursday

The chief executive of Delta Air Lines expects flight cancellations and delays that resulted from a global technology breakdown last week to be resolved by Thursday

24.07 / 16:30

Provident CEO Platform Software track 2020 Genstar Capital becomes majority investor in Docupace

Docupace has announced a strategic investment from Genstar Capital (Genstar) that will make the latter the majority investor of the tech provider.

24.07 / 16:20

Airlines security Software Fitch Healthcare Schools Updates Fortune 500 firms to see $5.4 billion in CrowdStrike losses: insurer Parametrix

Fortune 500 companies, excluding Microsoft, will face $5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday.

24.07 / 14:52

UPS Mobile Software performer Schools Features KPIT Tech Q1 profit jumps 54% on one-time gain, revenue up 24%

net profit at Rs 204.2 crore for the first quarter ending June of the ongoing fiscal year 2025. The profit was due to a one-time income gain of Rs 39.6 crore as compared with Rs 13.4 crore a year ago.

24.07 / 11:22

markets SUN Software Healthcare Experts Cautious investors reap Rs 3.2 lakh crore even as Sensex, Nifty extend losses to 4th session

The BSE Sensex fell 280 points, or 0.35%, to settle at 80,149. The broader NSE Nifty declined 65 points, or 0.27%, to end at 24,413.

24.07 / 11:11

Aviat Platform Software Healthcare Experts show Updates CrowdStrike says bug in quality control process led to botched update

CrowdStrike software update that crashed computers globally last week hitting services from aviation to banking and healthcare was caused by a bug in the U.S. cybersecurity firm's quality control mechanism, the company said on Wednesday.

24.07 / 10:34

markets IPO Waters Software Trade Diversity track Track these 2 SME IPOs commanding over 100% GMP in unlisted market

SME IPOs are commanding a premium of over 100% above the issue price, according to the latest grey market trends. The shares of VL Infraprojects, whose IPO opened for subscription on Wednesday, are trading with a GMP of Rs 55 in the unlisted market. This translates to a premium of over 130% to the offer price.

24.07 / 08:18

BLOCK Google Mobile Apple Software Browser track Time to turn off cookies? Making sense of Google’s Chrome changes

Google was going to dump its cookie jar into the garbage. For now, it’s back on the shelf. The company reversed course on Monday and said it isn’t getting rid of the software cookies that track you across the web.

24.07 / 07:53

Provident JPMorgan Software Trade information recommendations Investigations FTC orders 8 companies to provide information on 'surveillance pricing' practices

The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics

24.07 / 02:35

COST Target Software Tesla track reports Tesla profit margins worst in five years as price cuts, incentives weigh

electric vehicle maker cut prices to revive demand while it increased spending on AI projects.

23.07 / 15:44

Target CEO JPMorgan Software Cybercrime Updates A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

After a yearlong search, Rana Robillard was elated to learn she'd beaten three other bidders for a house in the leafy California suburb of Orinda, just outside of San Francisco.

23.07 / 02:08

markets Gap Software Research Trade show 2020 Wipro goes for a tumble, may stay weak in near term

Wipro shares tumbled over 9% in Monday's trading after the company's first-quarter results missed estimates. Analysts expect the stock to underperform its peers such as Infosys and Tata Consultancy Services (TCS) in the foreseeable future till the software major shows signs of revival in revenue growth. The stock closed at ₹505.35 on Monday, down 9.2% — its biggest single-day fall since March 2020.

23.07 / 00:13

UPS Software performer testing recommendations Features CMF Phone 1 review: Look beyond the screws

₹20,000 price segment. I thoroughly tested out the Phone 1for over 10 days and here's my take on how the first phone from Nothing's sub-brand performed in terms of day-to-day usage.Inside the box of CMF Phone 1, you get the device itself, some paperwork, a USB type C to type C cable, and an orange coloured SIM ejector tool.

22.07 / 21:50

Provident Platform Airlines Software hospital reports Updates How a faulty CrowdStrike update crashed computers around the world

Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches

22.07 / 21:26

UPS Digital Airlines Software Research hospital Updates Small businesses grapple with global tech outages created by CrowdStrike

Businesses from airlines to hospitals have been grappling with faulty software update that caused technological havoc worldwide on Friday

22.07 / 21:02

UPS Software Browser Research Experts recommendations AI industry is influencing the world. Mozilla adviser Abeba Birhane is challenging its core values

“Scaling up” is a catchphrase in the artificial intelligence industry as tech companies rush to improve their AI systems with ever-bigger sets of internet data

22.07 / 20:36

Provident Booking Airlines Software travelers Department Updates Delta Air Lines says cancellations continue as it tries to restore operations after tech outage

Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights

22.07 / 20:33

Provident CEO Airlines Software reports travelers Updates Most airlines except one are recovering from the CrowdStrike tech outage. The feds have noticed

Delta Air Lines is struggling for a fourth straight day to recover from the tech outage, even as other airlines are returning to nearly normal levels of service

22.07 / 20:29

markets Action Airlines Software Healthcare hospital Updates Customers CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown

Cybersecurity firm CrowdStrike says a “significant number” of the millions of computers that crashed on Friday, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong

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