Microsoft is attributing its recent tech failure to EU regulations, which restrict its ability to secure Windows as effectively as competitors like Apple.
An agreement from 2009 requires Microsoft to give the same access to its system to other security software companies.
The latest issue caused the notorious “blue screen of death” to affect millions of Windows users, disrupting businesses across various sectors and leading to significant flight cancellations. The problem originated from a faulty update issued by CrowdStrike, a competitor of Microsoft’s own security software, Windows Defender.
CrowdStrike’s CEO has apologized for the error, but the response has faced backlash from high-profile figures. Microsoft’s security vulnerabilities have been a recurring problem, attracting criticism and congressional scrutiny.
Decentralized systems, which distribute data and security across multiple nodes, are seen as a more robust alternative, potentially avoiding such widespread failures by eliminating single points of failure.
Ripple has chosen global banking giant BNY Mellon to act as the primary custodian for reserves backing its enterprise-grade stablecoin, Ripple USD (RLUSD).
Goldman Sachs now expects the Federal Reserve to begin cutting interest rates sooner than previously anticipated, forecasting the first reduction as early as September 2025.
Lithuania’s central bank has reached out to Robinhood for further details regarding its newly launched stock token products, following a public distancing by OpenAI from the initiative.
As President Trump accelerates his tariff strategy ahead of the August 1 deadline, new White House letters reveal formal trade warnings sent to multiple nations, including Tunisia, Cambodia, Indonesia, and others.