Blue Screens of Death 07/19/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 19 July 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

One of the largest IT outages in history started with a software update from cyber security firm Crowdstrike. Around the world, hospitals, businesses, news networks (including NBC) were affected when the update rolled out and crashed Microsoft Windows. CNBC’s Phil LeBeau reports from the airport in Wales, where many flights were grounded as airlines grappled with the outage. CNBC’s Steve Kovach explains how one company’s mistake can bring down millions of systems, and Wedbush analyst Dan Ives explains what’s next for the tech sector. The other headline this Friday: Donald Trump has accepted the Republican nomination for President for the third time. CNBC’s Eamon Javers reports from the Republican National Convention on the increasing pressure on President Biden, and pollster Frank Luntz explains the mixed reactions to Donald Trump’s 93 minute speech. Phil LeBeau 4:24 Eamon Javers 6:01 Steve Kovach 14:02 Dan Ives 20:13 Frank Luntz 29:07 In this episode: Dan Ives, @DivesTech Frank Luntz, @FrankLuntz Eamon Javers, @eamonjavers Phil LeBeau, @Lebeaucarnews Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer.
0:08.0	Today on Squack Pod, Blue Screen of Death
0:11.2	all over the world. I'm looking at a blue screen of death all over the world.
0:12.6	I'm looking at a blue screen of death right now on the computer next to me.
0:16.5	Cyber company crowd strikes sparking a global software outage, shocking businesses,
0:22.3	grounding flights, and interrupting live TV programming.
0:25.0	CNBC's Steve Kovac reports on what the company's CEO is telling us.
0:30.0	This is not a hack or some kind of cyber attack.
0:32.8	Crowdstrike pushed out an update, he said,
0:34.9	that caused the outage, and they're rolling it back.
0:37.9	How we got here and where tech goes next
0:40.6	with analyst Dan Ives.
0:42.4	If you're a lawyer for Crowdstrike, I don't think you're going to be seeing the beach this summer.
0:47.0	Plus today's other big story, Donald Trump accepts the Republican nomination for president again.
0:54.0	I'm here tonight to lay out a vision for the whole nation.
0:57.6	Digesting his 93 minute speech at the RNC with Polster Frank Luntz.
1:02.6	The last week has been very good for his campaign even if it's been bad for his health.
1:07.0	And the last month, Trump has found his sea legs and Joe Biden has come apart.
1:11.6	So what now for the Biden campaign?
1:14.6	Our Aiman Jaffer's reports.
1:16.6	There's no real great solution though on the Democratic side.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.