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Case in point: taking stock of the CrowdStrike outages

CIO

What happened In CrowdStrikes own root cause analysis, the cybersecurity companys Falcon system deploys a sensor to user machines to monitor potential dangers. Akamai was not itself a CrowdStrike customer, but does use similar services from outside vendors to help protect its systems. Clancy asks. The overall cost was estimated at $5.4

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Daily Crunch: In ‘an early experimental program,’ OpenAI opens waitlist for GPT Professional

TechCrunch

domestic flights were grounded when one of its key systems went down, Darrell reports. More companies are developing AI technology to help humans communicate, and DeepL, an AI-based language translator for businesses, is the latest to reap the benefits of investor hunger for companies like this. What did you say? You can sign up here.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Results, whether in the form of novel therapeutic programs, diagnostic capabilities or other clinically meaningful outcomes, are necessary.

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Use radical objectivity to create and retain an inclusive workforce

TechCrunch

Recent research by McKinsey shows that organizations with the most ethnically diverse teams are 36% more likely to financially outperform those with the least. Now, as the world adjusts following the pandemic, it’s time to stop pretending that outdated diversity programs work. Rewiring the system.

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LinkSquares benefits from the legal tech boom with a fresh $100M

TechCrunch

Demonstrating that there’s a robust market for contract management solutions, LinkSquares , a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. million at an $800 million valuation. Image Credits: LinkSquares.

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Is your disaster recovery a house of cards? Why BIA, BCP, and DRP are your foundation

CIO

IDCs June 2024 Future Enterprise Resiliency and Spending Survey, Wave 6 , found that approximately 33% of organizations experienced system or data access disruption for one week or more due to ransomware. DRP: A DRP helps in the recovery of IT infrastructure, critical systems, applications, and data.

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Daily Crunch: Kurtosis raises $20M Series A to give web3 developers ‘a place to play around’

TechCrunch

Tooling around : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year, Jacquelyn reports. Diving into due diligence. See you tomorrow! The TechCrunch Top 3.