Microsoft Outage CausesRs 75,000 Crore Wealth Wipeout Of Crowdstrike
The shares of CrowdStrike, a US-based cybersecurity firm, fell by 11 per cent on Friday, July 19. The company lost over $9 million (₹75,300 crore approx.) of its market value due to the global tech outage that crashed Microsoft’s computer systems, reported Bloomberg. The report added that even after the drop CrowdStrike’s total worth stands at