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Computer systems failed across the globe on Friday, taking down services at airlines, banks and the London Stock Exchange after a widely used cybersecurity program crashed and Microsoft Corp. separately reported problems with its cloud services. 

IT outage affecting Microsoft's Azure cloud platform has caused major disruptions in the aviation sector, leading to the cancellation of over 200 flights by IndiGo. This global incident, which began on July 19, 2024, has had a cascading effect on travel systems worldwide, severely impacting airline operations. IndiGo’s Operational Challenges IndiGo, one of India’s largest carriers, has reported substantial operational disruptions. The airline announced on X, «Flights are cancelled due to the cascading effect of the worldwide travel system outage, beyond our control. The option to rebook/claim a refund is temporarily unavailable.» The outage has impacted IndiGo's flight operations, check-in systems, and baggage handling.

services of airlines, brokerages, financial institutions, and even media houses worldwide, causing significant damage to businesses in terms of data loss, productivity loss, IT downtime, financial loss, and even reputation loss. Even as CrowdStrike, Microsoft, CERT-In, and cybersecurity companies put out advisories, it's fortunately an issue that can be fixed. A server hardware or software issue can cause a Blue Screen error, also known as black screen error or STOP code.

Leading accounting firm KPMG has partnered with Cryptio, a crypto accounting software provider, to assist crypto firms in the United States in adhering to Generally Accepted Accounting Principles (GAAP) compliance.

IndiGo, Akasa and SpiceJet’s check ins have been affected due to an outage in systems which operate on Microsoft’s software. “Our systems across the network are impacted by an ongoing issue with Microsoft Azure, which has resulted in increased wait times at our contact centres and airports. You may experience slower check-ins and longer queues. We are all hands-on deck and are working relentlessly to restore stability and normalcy. Our digital team is also coordinating closely with Microsoft Azure to resolve these issues swiftly,” IndiGo took to Twitter to inform it's passengers. “State of Indigo Airlines check in counter at Sri Lanka airport. Complete mess! @IndiGo6E People standing for checkin since the past two hours, no queue management and fired up tempers,” a user on Twitter said.

Microsoft users worldwide, including banks, reported widespread outages on Friday, hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services. News outlets in Australia reported that bank services were disrupted as they lost access to computer systems. Some New Zealand banks said they were also offline. Australia's largest bank, Commonwealth Bank said some customers had been unable to transfer money due to the service outage.

₹29,999.But while the Nord 4 looks, on paper at least, like a formidable device, does it have what it takes to stand out in the very crowded sub- ₹30,000 price segment? Well, I used the Nord 4 for about 10 days and here's my detailed review of the device.Also Read | OnePlus 12R review: Relatively affordable ‘flagship killer’ that ticks all the right boxesInside the Nord 4 box you get the device itself, a red coloured Type A to Type C cable, a SIM ejector tool, a 100W adapter, a transparent case and some paperwork. I received the top-end model with 12GB RAM/256GB storage in Obsidian Midnight colourway.At 8mm thick and weighing in at around 200 grams, the Nord 4 isn't the lightest phone around, but OnePlus has done a good job with the weight distribution on this phone, making it easy to hold even during those long phone calls or gaming sessions.The Nord 4 immediately stands out from the competition with its metal unibody design and dual-tone finish.

ChatGPT maker OpenAI said on Thursday it was launching GPT-4o mini, a cost-efficient small AI model, aimed at making its technology more affordable and less energy-intensive, allowing the startup to target a broader pool of customers. Microsoft-backed OpenAI, the market leader in the AI software space, has been working to make it cheaper and faster for developers to build applications based on its model, at a time when deep-pocketed rivals such as Meta and Google rush to grab a bigger share in the market.

Bharti Airtel, under which the latter will provide network and connectivity solutions for CBDT's Taxnet-2.0 programme. This contract is an extension as Airtel has been the network partner to CBDT since 2008 in Taxnet-1.0.

Shimla: The Himachal Pradesh Police has arrested one of the masterminds of a Rs 2,500-crore cryptocurrency scam, which was unearthed in the state in 2022, from Kolkata, officials said on Thursday. Accused Milan Garg (35), a resident of Meerut in Uttar Pradesh, was apprehended on Wednesday night from the Netaji Subhash Chandra Bose International Airport, Kolkata while he was trying to flee to Bangkok in Thailand, they said. Garg, who was allegedly involved in designing and marketing of a fake cryptocurrency, was later brought to Shimla, Deputy Inspector General of Police (DIG), Northern Range, Abhishek Dhullar told. Garg, who earlier fled to Dubai after the scam came to light, had returned to India in June and was again leaving the country when he was detained at Kolkata airport. The accused has been arrested and brought to Shimla, said Dhullar, who is heading an SIT probing the case.

Sensex on Thrsday jumped over 600 points and crossed the 81,000 mark for the first time, while Nifty inched closer to Mt 25K by crossing the hurdle at 24,800. As the buying momentum was led by heavyweight bluechips, small and midcap indices fell around 1% each. The combined market capitalization of all listed stocks on BSE, consequently, fell around Rs 80,000 crore to Rs 454.43 lakh crore.

LTIMindtree with a target price of Rs 7000. The current market price of LTIMindtree Ltd. is Rs 5567.15. LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 164736.43 Crore) operating in IT Software sector.

Many of us can barely keep up with our jobs, never mind hobbies. Yet some top executives run marathons, wineries or music-recording studios on the side. How can they have bigger responsibilities and more fun than we do? It can seem like ultrahigh achievers find extra hours in the day.

Kunal Bahl and Rohit Bansal, founders of ecommerce firm Snapdeal and investment fund Titan Capital, have exited at-home services platform Urban Company, bagging a nearly 200 times return on their nine-year-old seed cheque. They sold their stake to Vy Capital’s offshoot Dharana Capital which made a $50 million secondary transaction at the Gurugram-based firm. Bahl and Bansal, who had invested Rs 57 lakh in 2015, made the full exit that closed earlier this month with aggregate proceeds of Rs 111 crore, according to people aware of the transaction.

BitMEX co-founder and popular crypto trader Arthur Hayes is now funding Bitcoin Core development through a grant program at Maelstrom – his family office’s crypto investment firm.

Wall Street is looking beyond the obvious megacap stocks to find the next leg of the artificial intelligence trade.

The acqusition of Elwood Capital Management (ECM) is another plank in Zodia Markets' ambition to build a fully-rounded digital asset business.Usman Ahmad, co-founder and CEO of Zodia Markets, says: "This acquisition is a significant progression to create greater diversification in our service offering and footprint, enabling scale and accelerating product capability. "Acquiring a successful, established business with a similar regulatory-first mindset allows us to extend our offering to the clients we will welcome and provide our existing clients with a broader suite of capabilities and value."For Elwood, the sale marks a strategic shift to focus on its institutional-grade SaaS products and services, including execution managment and portfolio and risk management.Chris Lawn, CEO of Elwood, comments: "The sale of our OTC trading business supports Elwood's strategic plan to build a world-class end-to-end EMS and PMS software platform and allows us to fully dedicate our resources to the SaaS business.

iOS 18 was initially showcased at WWDC 2024 last month, highlighting its new customization options, redesigned apps, and significant changes for iPhone users. Touted as one of Apple's most substantial iPhone upgrades, iOS 18 promises to bring a host of new functionalities.However, it is essential to note that not all iPhones are eligible for the iOS 18 beta.

Panasonic Avionics on Wednesday opened a new software design and development facility in Pune. The new facility, inaugurated by the Minister of State for Civil Aviation, Murlidhar Mohol, is the first in the country by Panasonic Avionics Corporation dedicated to supporting the development and delivery of IFEC solutions. The facility employs over 200 skilled engineers in the beginning with growth plans in place to scale it up further to support the increasing demand from airlines for these solutions, the company said.

Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy