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Delta hires David Boies to seek damages from CrowdStrike, Microsoft after outage - TL;DR CNBC

Delta hires David Boies to seek damages from CrowdStrike, Microsoft after outage

Publishing timestamp: 2024-07-29 23:17:09


Summary

Delta has hired attorney David Boies to pursue damages from CrowdStrike and Microsoft after a mass outage. CrowdStrike shares fell, and Delta estimates the outage cost them $350 million to $500 million. Boies is known for high-profile cases, and the incident resulted in significant losses for companies. Delta plans to seek compensation, but no lawsuit has been filed yet.


Sentiment: NEGATIVE

Tickers: MSFT,  DAL,  CRWD, 

Keywords: cybersecurity,  microsoft corp,  business,  airlines,  breaking news: technology,  business news,  crowdstrike holdings inc,  enterprise,  delta air lines inc,  technology, 

Source: https://www.cnbc.com/2024/07/29/delta-hires-david-boies-to-seek-damages-from-crowdstrike-microsoft-.html


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