A global tech outage demands action, not acceptance

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on [Bloomberg]( This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. [CrowdStrike’s Global Outage Doesn’t Have to Be a Recurring Nightmare]( — Parmy Olson One of the most disturbing things about Friday’s devastating global outage of IT systems is how routine such ruinous events have become. In the last few years, [similar glitches]( from companies like Amazon.com Inc. have temporarily shut down systems across the globe, and this latest issue comes as a result of a botched software update [from cybersecurity firm CrowdStrike Holdings Inc.](, whose link to mega-customer Microsoft Corp. has led to worldwide problems — including [chaos in airports](, stock exchanges [and]( [hospitals](, though [a fix has now been deployed](. This time, the scale is unprecedented. That should spur Microsoft and other IT firms to do more than simply administer a Band-Aid. Policymakers could address the world’s overreliance on just three cloud providers, too. Today’s reality, where a single bug can harm millions of people at once, doesn’t have to be the status quo. Read the [whole thing](. [Ambani’s $600 Million Wedding Is Just Business as Usual]( — Andy Mukherjee [Wall Street Senses the Barbarians Are Finally at the Gates]( — Paul J. Davies [Why Is Sweden Paying Grandparents to Babysit? It’s Worth a Try]( — Tyler Cowen [Yes, You Can Save Too Much for Retirement]( — Allison Schrager [Republicans’ War on Divorce Is Just Christian Nationalism in Disguise]( — Patricia Lopez [Dismissal of Trump Classified Document Case Is Too Coincidental]( — Timothy L. O’Brien [Putin Is Crushing the Arctic Ice While the US Is Barely Afloat]( — James Stavridis [Musk’s Robotaxi Plan Shows He Gets Cars But Not People]( — Dave Lee [The Housing Market Will Tell the Fed How Much to Cut Rates]( — Conor Sen More From Bloomberg Opinion Here’s what we’ve been listening to and watching this week. - The rise of Donald Trump — a criminal, demagogue and coup-plotter — encapsulates the [GOP’s long history of using fear]( to sway elections, says Francis Wilkinson. - [Want real-time news](? Use X. Don’t want rage bait and misinformation? Sorry, not an option, says Kyla Scanlon. - Matt Levine and Katie Greifeld discuss Trump Media’s stock sale, people who are too good at sports betting and stock trading, and single-stock private funds in the latest episode of [Money Stuff: The Podcast](. Follow Us Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](. Want to sponsor this newsletter? [Get in touch here](. You received this message because you are subscribed to Bloomberg's Opinion Today newsletter. If a friend forwarded you this message, [sign up here]( to get it in your inbox. [Unsubscribe]( [Bloomberg.com]( [Contact Us]( Bloomberg L.P. 731 Lexington Avenue, New York, NY 10022 [Ads Powered By Liveintent]( [Ad Choices](