NB489: Shareholders Sue CrowdStrike; Intel to Fire 15,000 Employees
This week covers a class action lawsuit against CrowdStrike, Delta's damage claims, Azure's DDoS error, campus switch sales drop, and DigiCert's warning.
MAIN POINTS
- CrowdStrike faces a proposed class action lawsuit and Delta seeks damages.
- Microsoft Azure experiences downtime due to a DDoS defense error.
- Campus switch sales are expected to significantly decline in 2024.
TAKEAWAYS
- Legal and financial challenges are impacting major tech companies.
- Service reliability issues continue to affect cloud providers like Microsoft Azure.
- The networking hardware market faces a challenging year ahead.