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Without drastic change, global IT outage will hit again

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Elements of Friday’s global IT outage have occurred before and until more contingencies are built into networks, and organisations put better back-up plans in place, it will happen again.

Fridays outage was caused by an update that U.S. cybersecurity firm CrowdStrike pushed to its clients early on Friday morning which conflicted with Microsoft’s Windows operating system, rendering devices around the world inoperable.

CrowdStrike has one of the largest shares of the highly competitive cybersecurity market that provides such tools, leading some industry analysts to question whether control over such operationally critical software should remain in the hands of just a handful of companies.

But the outage has also raised concerns among experts that many organisations are not well-prepared to implement contingency plans when a single point of failure such as an IT system, or a piece of software within it, goes down.

At the same time there are also more solvable digital disasters looming on the horizon, with perhaps the biggest global IT challenge since the Millennium Bug, the “2038 Problem”, just under 14 years away – and, this time, the world is infinitely more dependent on computers.

“It’s easy to jump at the idea that this is disastrous and therefore suggest there must be a more diverse market and, in an ideal world, that’s what we’d have,” said Ciaran Martin, former head of Britain’s National Cyber Security Centre (NCSC), part of the country’s GCHQ intelligence agency.

“We’re actually good at managing the safety aspects of tech when it comes to cars, trains, planes, and machines. What we’re bad at is then providing services,” he added. #featured

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China leads world in AI and 6G patents

China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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In Short:
– China holds 60% of global AI patents and 40.3% of 6G patent applications.
– The country leads in 5G infrastructure with 4.55 million base stations and 1.12 billion users.
China has emerged as the leading holder of artificial intelligence patents, responsible for 60 percent of the global total.
The country also leads in next-generation 6G patent applications, accounting for 40.3 percent of worldwide filings. The insights were presented in reports at the 2025 World Internet Conference held from November 7-9 in Wuzhen, Zhejiang Province.The conference showcased China’s technological advancements, highlighting participation from over 1,600 delegates across 130 nations.

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As of June 2025, China has established 4.55 million 5G base stations, with 1.12 billion 5G mobile phone users.

The nation’s computing power has reached 788 EFLOPS, boasting 10.85 million standard racks in operation, ranking among the world’s top infrastructures. Projections estimate that China’s 6G industry will soar to 1.2 trillion yuan by 2030, with industrial applications making up 40 percent and smart cities at 30 percent.

The quantum computing sector is expected to reach 11.56 billion yuan in 2025, with growth rates surpassing 30 percent.

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China continues to hold the title of the largest e-commerce market globally for the 12th consecutive year, with 974 million online shoppers recorded by December 2024.

Online retail sales reflected a 7.2 percent increase. JD.com’s founder announced plans for an unmanned delivery station by April 2026, while Alibaba is developing a “super AI cloud” for global developers.


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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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