this post was submitted on 18 May 2024
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Google Cloud accidentally deletes $125 billion Australian pension fund (www.business-standard.com)
submitted 3 months ago by [email protected] to c/[email protected]
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The original was posted on /r/worldnews by /u/Accomplished_One6135 on 2024-05-18 22:22:47+00:00.

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[–] [email protected] 1 points 3 months ago

Horrible article title, obviously written to be misleading clickbait.

They didn't delete the pension fund.

They deleted the Google Cloud account running the management of said fund.

It was inaccessible for a week, but has been fixed.

Big fuck up, and big news. But on the level of "hurts Alphabet stock and panics people for a week" not "bankrupts countless people, maybe crushing a whole nation's economy."