Microsoft Cloud Outage Causes Global Disruption

A far-flung outage in Microsoft’s cloud software has caused wide disruption for businesses around the world. Users reported an inability to get access to computers and corporate systems; many posted blue error screens on social media.

Companies Affected:

The problems ranging from communications to customer service hit companies like McDonald’s, United Airlines, and the London Stock Exchange Group. The airline KLM announced that it had grounded most of its flights globally due to the worldwide computer outage.

Reaction of Microsoft

Microsoft acknowledged the issue and explained that the problem was due to an update from a third-party software platform. The company is working on fixing its Azure services in the shortest time possible.

Economic Impact:

Experts say it will have a big economic impact. The affected sectors include airlines, insurers, and stock exchange operators. CrowdStrike’s shares slid 20%, while those of Microsoft dropped 2.9%.