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    Business StandardITNewspapers

    Google parent Alphabet reduced stake in Crowdstrike before July outage

    Binu Mathew
    By Binu MathewAugust 3, 2024

    Google-parent Alphabet cut its stake in cybersecurity company Crowdstrike, according to a regulatory filing on Friday, much before a global outage last month triggered by a software update.

    The company cut its stake to 427,895 class A shares from 855,789 shares. The change in holdings is as of June 30.

    Crowdstrike did not immediately respond to a Reuters request for comment.

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