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A massive global tech outage caused by a recent CrowdStrike update severely impacted Microsoft systems, leading to significant disruptions across industries. The financial markets were particularly hard hit, with Wall Street suffering its worst week since April as stocks plummeted. Traders faced major losses as the outage logged users out of their systems, leading to widespread frustration and demands for compensation from brokerages. The incident, which saw operations come to a standstill worldwide, highlighted the vulnerabilities in modern digital infrastructure.
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Source: Reuters
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