Microsoft

2024 - 8 - 1

Kiwis in a Microsoft Meltdown: Teams, Outlook, and Azure Outage!

AI capital expenditures - Azure - Cloud computing - Cyber attack - DDoS attack - Microsoft - New Zealand - Outlook - Teams

Microsoft's services face a cyber attack crisis in NZ, leaving thousands of Kiwis in the lurch!

In a stunning turn of events, New Zealanders woke up to a major Microsoft service outage that left thousands unable to access their beloved Outlook, Teams, and Azure cloud computing services. Reports of Microsoft failures poured in from across the country on Wednesday, prompting frantic Kiwis to take to social media to voice their frustrations. The culprit? A cyber attack that has turned life upside down for many as they rely heavily on these services for work and personal communication.

But that’s not all! As if the service outage wasn't enough to deal with, Microsoft's stock has also been facing a massive decline. Their recent investments in artificial intelligence have hit an astonishing $56 billion, leading to capital expenditures that have put them at a crossroads with stockholders. While AI is touted as the next big frontier for tech companies, the sputtering growth of their Azure service is leaving investors feeling a bit uneasy. Is there a light at the end of the tunnel? Surely Copilot profits have got to save the day!

Meanwhile, on the flipside of the tech battlefield, Nvidia has taken the market by storm! With a colossal increase, their stock surged by an incredible 13%, adding about $330 billion in market value in just one day. Talk about a rollercoaster ride in the stock market! While Microsoft is wrestling with outages and stock struggles, Nvidia seems to be basking in the bright glow of success, proving that not all tech giants face turmoil at the same time.

In an odd twist, the Microsoft debacle and Nvidia triumph have got tech enthusiasts buzzing. There’s something almost poetic about how one company’s downfall coincides with another’s rise. Wouldn't it be amusing to think of Kiwis using Nvidia chips to get through their Microsoft woes? As we sit and watch this drama unfold, we should remember that in the world of tech, it’s always best to expect the unexpected—and perhaps have a good backup plan!

Interestingly, in addition to these corporate struggles and triumphs, Microsoft has been quietly working on their Semantic Kernel AI tooling, focusing on making AI more manageable by shrinking model sizes. It’s a different approach that could revolutionize how developers interact with AI technology. Meanwhile, Kiwis can only hope that their favorite Microsoft services will bounce back soon, making a simple wish for smoother, more stable operations a reality!

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Image courtesy of "Otago Daily Times"

Microsoft services down across NZ: report (Otago Daily Times)

Products such as Outlook, Azure cloud computing and Teams were affected. There were thousands of reports of Microsoft failures across the country, ...

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Image courtesy of "Newstalk ZB"

Cyber attack hits Microsoft, thousands of Kiwis can't use Outlook ... (Newstalk ZB)

The firm says a cyber attack took several of its Azure cloud and 365 services - including Outlook and Teams - offline on Wednesday.

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Image courtesy of "Financial Times"

Microsoft's AI spending plans should stack up (Financial Times)

The market had drastically different reactions to earnings from Microsoft and Advanced Micro Devices this week. The software and cloud giant run by Satya ...

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Image courtesy of "Forbes"

Microsoft Stock Drops As AI Capital Expenditures Surge To $56 Billion (Forbes)

Microsoft stock is lagging the S&P 500 as July draws to a close. Azure growth fell short as capital expenditures spike. Will Copilot profits earn back the ...

Microsoft Going Small in Semantic Kernel AI Dev Tooling -- Visual ... (Visual Studio Magazine)

In revealing future plans for its Semantic Kernel AI dev tooling, Microsoft said it's going small -- at lease in terms of AI model size.

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Image courtesy of "Yahoo Finance"

New Zealand Microsoft 365 users struggle to access service (Yahoo Finance)

New Zealand users of Microsoft services including Exchange online are having difficulty accessing them, Microsoft confirmed on Thursday.

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Image courtesy of "Reuters"

Nvidia shares surge 13%, lift market value a record $330 billion (Reuters)

Nvidia added about $330 billion in stock market value on Wednesday, a record one-day gain for any company on Wall Street after Microsoft and Advanced Micro ...

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Image courtesy of "SC Magazine"

Nearly 10-hour Azure outage caused by DDoS attack, says Microsoft (SC Magazine)

While the DDoS attack was the initial trigger, Microsoft said it was “amplified” by an internal misconfiguration.

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Image courtesy of "CFO Dive"

Microsoft, Alphabet disappoint investors in latest earnings season (CFO Dive)

Wall Street is closely watching big tech companies to see if their heavy investments in artificial intelligence are paying off.

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Image courtesy of "Newstalk ZB"

Microsoft email outage: Why you can't send or read emails (Newstalk ZB)

Microsoft was hit with a cyber attack that took several of its services, including Outlook and Teams, offline.

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Image courtesy of "Cybersecurity Dive"

Microsoft confirms Azure, 365 outage linked to DDoS attack (Cybersecurity Dive)

Microsoft said an unexpected spike in usage led to intermittent errors, spikes and timeouts in Azure Front Door and Azure Content Delivery Network. An initial ...

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