By MICHAEL LIEDTKE Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other exasperating disruptions. Although the massive outage spooked customers that […]


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Originally Published: <time datetime="2024-08-28 19:06:41">August 28, 2024 at 7:06 p.m.</time>

By MICHAEL LIEDTKE Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a softw…{ai:summary}<p>CrowdStrike Holdings faced a significant setback, estimating a $60 million loss in sales due to a software update failure that caused widespread disruptions, including stranding passengers at airports. The incident raised concerns among customers about the company's reliability.</p><p>#technology</p>

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

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