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Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours

TechCrunch

That’s what Microsoft is saying after some of its services, like Outlook, Xbox Live and Teams, went down during a “change made to the Microsoft Wide Area Network,” Ivan reports. Image Credits: Jenny Dettrick (opens in a new window) / Getty Images Americans spent nearly $20 billion on pizza deliveries in 2021. Rebecca has more.

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Extra Crunch roundup: NS1 EC-1, Pakistan’s tech ecosystem, SPACs bonanza

TechCrunch

Since its founding in 2013, NS1 has raised more than $100 million to build an engineering team and robust product portfolio that’s expanded to include DDI, which helps companies manage internal networks. Image Credits: Nigel Sussman (opens in a new window). Image Credits: Juj Winn (opens in a new window) / Getty Images.

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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

My best advice: Strengthen your network. Image Credits: Nigel Sussman (opens in a new window). Image Credits: mikkelwilliam (opens in a new window) / Getty Images. Image Credits: Jeffrey Coolidge (opens in a new window) / Getty Images. Image Credits: MicroStockHub (opens in a new window) / Getty Images.

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Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit

TechCrunch

News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Network security startup ExtraHop skips and jumps to $900M exit. Image Credits: Prasit photo (opens in a new window) / Getty Images.

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TechCrunch+ roundup: Alternative financing, Web3 adoption, India’s hot Q3 fundraising

TechCrunch

individuals give money and personal data to network operators in exchange for access to information. “In In Web3 there is a possibility — not saying that it’s going to actually 100% gonna happen — but there is a possibility where the network owns the network,” said Rubin. Image Credits: Nigel Sussman (opens in a new window).

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U.S. and Australian Agencies Publish Joint Cybersecurity Advisory on BianLian Ransomware Group

Tenable

The group originally favored the double-extortion technique, a tactic where data was encrypted on the victim’s machines and also exfiltrated to the operator’s infrastructure, then teasers of the data are advertised on a leak website to publicly shame and entice the victim into paying the ransom.

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8 open source companies from YC Demo Day Winter ’22

TechCrunch

Promises include: Tuva wants to become the open standard for healthcare data transformation and build the data network for multisite benchmarking and research. How it says it differs from rivals: Tuva uses machine learning to further develop its technology. Now, to get that nurse off of Windows 2000…. Founded: 2021. Use wisely.