Discussion on the recent airline IT chaos disrupting operations and the challenges of modernizing outdated technology in the industry. Emphasis on the importance of upgrading systems to improve customer service and ensure reliable operations.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh and Bloomberg News Cybersecurity Reporters Jamie Tarabay and Jordan Robertson discuss the botched software update from cybersecurity firm CrowdStrike that crashed countless Microsoft Windows computer systems globally on Friday. Helane Becker, Senior Research Analyst at TD Cowen, talks about how the global IT outage impacted the airline industry worldwide. Nikki Baird, Vice President of Strategy at Aptos Retail, shares her back-to-school shopping outlook. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation at Wells Fargo Investment Institute. Hosts: Carol Massar and David Gura. Producer: Paul Brennan.