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Alaska Airlines Resumes Operations After System Glitch Grounds All Flights

1 month ago
Alaska Airlines and Horizon Air grounded all flights Sunday night due to a major IT outage, prompting a system-wide FAA ground stop that lasted until early Monday. Although operations have since resumed, passengers are still facing delays and residual disruptions. Gizmodo reports: The airline requested a system-wide ground stop from federal aviation authorities at about 11 p.m. ET on Sunday night. That stop remained in effect until around 2 a.m. ET Monday, when the Federal Aviation Administration confirmed it had been lifted. But disruptions didn't end there. Alaska warned passengers to brace for likely delays throughout the day. [...] The FAA's website listed the stop as applying to all Alaska Airlines aircraft. Gizmodo notes that the incident comes nearly a year after the massive 2024 CrowdStrike crash, which has become known as the largest IT outage in history. "The July 2024 outage brought down an estimated 8.5 million Microsoft Windows systems running CrowdStrike's Falcon Sensor software, disrupting everything from hospitals and airports to broadcast networks." "There's no word yet from Alaska on whether the outage ties into a broader software problem, but the timing, almost exactly a year after the CrowdStrike crash, isn't going unnoticed on social media, with users wondering if the events are related."

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Figma Aims At $16.4 Billion Valuation As Tech IPOs Bounce Back

1 month ago
An anonymous reader quotes a report from Reuters: Figma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design software firm prepares for a debut on the NYSE that could inject fresh momentum into a resurgent market for tech listings. The San Francisco-based company, along with some investors, is eyeing proceeds of up to $1.03 billion by selling nearly 37 million shares priced between $25 and $28 each, it said on Monday. The listing could be a major milestone for Figma, coming more than a year after its $20 billion sale to Adobe failed due to regulatory hurdles in Europe and the UK. Figma's IPO is expected to occur the week of July 28th, offering shares priced between $25 and $28. It'll trade under the symbol "FIG".

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