Wall Street falters, CrowdStrike slumps on global tech outage

By Lisa Pauline Mattackal and Ankika Biswas (Reuters) – Wall Street’s main indexes slipped on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike’s shares. Cybersecurity firm CrowdStrike slumped 9.3% after an update to one of its products appeared…

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Factbox-Thirty Democrats in US Congress have called on Biden to drop out

By Moira Warburton WASHINGTON (Reuters) -Thirty congressional Democrats have publicly called on Democratic President Joe Biden to end his re-election bid after the 81-year-old incumbent’s halting debate performance against Republican rival Donald Trump. They represent more than one in ten Democrats in Congress, where Biden’s party controls 213 seats in the House of Representatives and…

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Factbox-What disruptions have been reported after the global tech outage?

(Reuters) -A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES, AIRPORTS Airports and airlines around the globe have warned of delays and cancellations or…

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