All flights in the United States are grounded until further notice “due to extraordinary circumstances and for reasons of safety,” the Federal Aviation Administration said in a statement.
The FAA issued the ground stop “following a communication issue impacting all Air Route Traffic Control Centers,” Secretary of Transportation Sean Duffy said in a social media post. “FAA technicians are investigating the issue.”
Air Route Traffic Control Centers are regional facilities that handle flights going across the country.
“Traffic should remain ground stopped until further notice,” the FAA said in an advisory. “International flights will be managed on a case by case basis.”
Microsoft spends a metric fuckton on legal to protect against this kind of risk.
Nobody is bankrupting them through the courts.
When publically traded companies issue offical statements that are outright falsehoods that materially impact share price, shit can actually hit the fan. A lot of uberwealthy people own a lot of MS stock and fucking with rich people’s money is one of the few ways a rich person can actually catch jail time in the US.
Its not about bankrupting, it’s about getting the high ranking bean counters scared. And that’s not hard, in fact it’s beyond easy.