Microsoft apologises for outage that could cost Australian economy billions
Microsoft said it is “deeply sorry” for a widespread outage that disrupted millions of users, organisations and businesses around the world and that it has…
Microsoft said it is “deeply sorry” for a widespread outage that disrupted millions of users, organisations and businesses around the world and that it has “addressed the underlying issue”, The Guardian reported.
The outage, which is still being remedied, has raised concerns about Australia’s reliance on foreign technology, according to experts cited by the outlet. They warned the disruption could force some small Australian businesses to shut down and that the economic damage could run into the billions of dollars.
The software giant’s services are gradually being restored, but the incident highlights the vulnerability of economies that depend heavily on overseas tech platforms.
Why it matters
The outage threatens significant financial loss for Australian businesses and exposes the country's dependence on foreign technology.
Key details
- Location
- Australia · Oceania
- Reported by
- The Guardian
- First reported
- Key names
- Microsoft, Australian
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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