CrowdStrike, the cybersecurity firm, experienced a major outage on Friday morning, affecting numerous industries worldwide. The outage halted news broadcasts and grounded flights. As a result, CrowdStrike's stock price plummeted, dropping over 14% during pre-market trading. The company confirmed that an update to its software might be linked to the widespread tech blackouts impacting Windows systems. Microsoft also saw a decline, with its shares falling by over 2%.