Companies That You Expect to Disappear Soon

[GRALISTAIR]

Crowdstrike? ! Surely they could go bust?

 

[skyhigh]

Crowdstrike? ! Surely they could go bust?

See the last 5 posts before yours

 

[Trackman]

Crowdstrike? ! Surely they could go bust?

Been looking at their shares (NASDAQ:CRWD), does look gloomy but by no means the end.

 

[JamesRowden]

Events like today can actually see a longer term boom for the company.

1) This software is likely well embedded within businesses and has been relatively hassle free for some time, doing it's job perfectly. Going through procurement and then rolling out a new solution is expensive and challenging.

2) The lightning doesn't strike twice approach - Crowdstrike will do absolutely everything to avoid this situation again, and I'd imagine they'll be absolutely bomb proof going forward.

3) Heavy discounting/compensation - they'll get a lot of new business and retain existing by offering generous compensation/incentives to recover their business.

All of your points can help the competition too, no specific benefit for Crowdstrike.

People will just remember that Crowdstrike, or an individual within it, was willing to cut the corner of testing the update properly. If Crowdstrike were thinking more about saving there own efforts a little there, rather than prioritising their customers' systems, then they might well have been doing similar things on a whole range of aspects of their products without getting caught out........

 

[GRALISTAIR]

See the last 5 posts before yours

Great minds think alike!

Been looking at their shares (NASDAQ:CRWD), does look gloomy but by no means the end.

Let’s watch this space.

 

[AM9]

It won't help Microsoft if Crowdstrike go under, especially if the claims for compensation take the relatively small company there. The chain of responsibility places some burden on MS as the upgrades are delivered as Windows updates, not updates to Crowdstrikes MDR* product. It's been mentioned that the level of likely compensation claims would be relatively small change for MS so maybe they would see that as worthwhile to protect the far bigger product, I.e. Windows (jn all of it's guises).

* Managed Detect and Recover

 

[Ediswan]

It won't help Microsoft if Crowdstrike go under, especially if the claims for compensation take the relatively small company there. The chain of responsibility places some burden on MS as the upgrades are delivered as Windows updates, not updates to Crowdstrikes MDR* product. It's been mentioned that the level of likely compensation claims would be relatively small change for MS so maybe they would see that as worthwhile to protect the far bigger product, I.e. Windows (jn all of it's guises).

Is there any strong evidence for this ?

 

[AM9]

Is there any strong evidence for this ?

It was mentioned in one of the interviews that the Crowdstrike service was a major key in enabling some of the commercial use of windows. In the same conversation, that fact that if this failure was a Microsoft error, MS would be able to compensate those businesses from their massive resources rather than drag the argumens out and damage their reputation. I believe that they would not want to lose the synergy they have and tieing into a new provider would be a major hit on their marketing and their customer base.
For the record, I can't remember which interviewee that was.

 

[gswindale]

Carpetright has been bought by rival flooring retailer Tapi in a rescue deal, but hundreds of its shops are expected to close, putting many jobs at risk.

Tapi Carpets & Floors has bought the Carpetright brand name, the company's intellectual property, two warehouses and 54 stores.

Carpetright: More than 1,500 jobs go despite rescue deal

The jobs are being lost despite a deal with rival flooring firm Tapi that will save 54 shops.

www.bbc.co.uk

 

[Towers]

Carpetright: More than 1,500 jobs go despite rescue deal

The jobs are being lost despite a deal with rival flooring firm Tapi that will save 54 shops.

www.bbc.co.uk

It’ll be interesting to see the plans for this, presumably Tapi won’t particularly want to be in competitiom with themselves?

 

[Blindtraveler]

I would have said that the tappy name might well disappear as carpet right? Have been around for a long time and still a good name as far as I'm concerned

 

[gswindale]

From what I can gather, our local Carpetright has now closed (as of today) whilst the Tapi store about 5 doors down is remaining open.

Given the relative reputations, I would expect Tapi to be the retained brand.

 

[Busaholic]

From what I can gather, our local Carpetright has now closed (as of today) whilst the Tapi store about 5 doors down is remaining open.

Given the relative reputations, I would expect Tapi to be the retained brand.

Well, yes, it's not them that's gone bust (again.)

 

[Andyh82]

From what I can gather, our local Carpetright has now closed (as of today) whilst the Tapi store about 5 doors down is remaining open.

Given the relative reputations, I would expect Tapi to be the retained brand.

I wasn’t too familiar with this brand, and looking at the store finder on the Tapo website, the stores seem pretty skewed towards the south of England

Stores in the North are pretty thin on the ground

Looks like there are just 4 across all the four counties that make up Yorkshire, plus 2 Homebase concessions

 

[JamesT]

It was mentioned in one of the interviews that the Crowdstrike service was a major key in enabling some of the commercial use of windows. In the same conversation, that fact that if this failure was a Microsoft error, MS would be able to compensate those businesses from their massive resources rather than drag the argumens out and damage their reputation. I believe that they would not want to lose the synergy they have and tying into a new provider would be a major hit on their marketing and their customer base.
For the record, I can't remember which interviewee that was.

Interview where? Rolling news will often grab the first warm body who may work in a vaguely related field to spout something that sounds authoritative, even if they’re completely clueless.
Information Security has turned into a very bureaucratic system, organisation leaders want something that claims to tick all the boxes which CrowdStrike did. There are alternatives, which is why although this error took down a lot of systems (estimated at 8.5million), it’s less than 1% of the installed base of Windows. I’ve certainly never seen MS promoting it, indeed they have their own competing products.
https://www.crowdstrike.com/blog/falcon-update-for-windows-hosts-technical-details/ has nothing on it that suggests they use MS infrastructure to distribute their updates.

 

[Towers]

I wasn’t too familiar with this brand, and looking at the store finder on the Tapo website, the stores seem pretty skewed towards the south of England

Stores in the North are pretty thin on the ground

Looks like there are just 4 across all the four counties that make up Yorkshire, plus 2 Homebase concessions

Surely people up north don’t have carpet, do they?!!

 

[Busaholic]

Surely people up north don’t have carpet, do they?!!

It's well known ferrets can cause serious damage to carpets.

I can hear my late wife who was from Lancashire, berating me severely for that, and quite right too.

 

[cjmillsnun]

It’ll be interesting to see the plans for this, presumably Tapi won’t particularly want to be in competitiom with themselves?

Which would be why 200 stores are going to close.

 

[TheSmiths82]

I am not surprised about Carpet Right. I think the general public just see past the fake sales and sales tactics. We have bought all our carpets from local independent carpet firms and it was not only better but much cheaper. I managed to work out one of the carpets was exactly the same as one in Carpet Right but we paid half the price. One carpet was faulty and unfortunately it was a large £1500 carpet. The carpet supplier came out, inspected it and said there was no fix other than to replace the entire thing. They came a few days later and replaced it. I don't think CR would have been so quick to resolve the issue.

 

[renegademaster]

It’ll be interesting to see the plans for this, presumably Tapi won’t particularly want to be in competitiom with themselves?

PC world and Currys did it for ages before they killed off the PC world brand

 

[Towers]

PC world and Currys did it for ages before they killed off the PC world brand

A bit different I’d suggest; PC World became an ‘in store’ brand selling PCs inside Currys, didn’t it?

 

[Dai Corner]

A bit different I’d suggest; PC World became an ‘in store’ brand selling PCs inside Currys, didn’t it?

As far as I remember there were separate Currys and PC World shops, then they combined under the Currys PC World name and more recently dropped the PC World part. I don't recall whether Currys shops ever sold computers. PC World certainly never sold washing machines or vacuum cleaners!

 

[Busaholic]

As far as I remember there were separate Currys and PC World shops, then they combined under the Currys PC World name and more recently dropped the PC World part. I don't recall whether Currys shops ever sold computers. PC World certainly never sold washing machines or vacuum cleaners!

Their Dixons shops sold computers.

 

[GusB]

As far as I remember there were separate Currys and PC World shops, then they combined under the Currys PC World name and more recently dropped the PC World part. I don't recall whether Currys shops ever sold computers. PC World certainly never sold washing machines or vacuum cleaners!

Currys did sell PCs - our first family PC came from there, although we had to go to a larger store to get it. If I recall correctly, our local branch was still on the High Street and probably didn't have the space to stock them.

The PC in question had a 386 processor, which will give you an indication of when it was bought!

 

[Peter Sarf]

In the beginning there was Dixons and Currys - two competing high street stores (remembering Rumbelows as well). That was the case as far back at 1980. Curries I think sold white goods as well as smaller stuff while Dixons did not really sell white goods (washing machines, fridges and freezers). Dixons Group then set up PC world and these were usually (always ?) as out of town big stores - specialising in computers and peripherals. Dixons Group then bought Currys (circa 2000) and eventually the Dixons name got replaced by Currys especially where out of town stores selling small stuff and large white goods was concerned. Last ten years PC world seemed to wane and got moved into "Currys". Dixons Group is the parent. The Dixons name on the outlets seems to have completely disappeared. That is my recollection.

 

[RuddA]

I believe that the Dixons brand was used for their airport stores until 3-4 years ago.

 

[Dai Corner]

I was in a Currys shop yesterday morning to collect a product I'd earlier clicked on.

The place was deserted apart from me, a man having a long conversation with the person behind the counter and a couple who looked ready to buy something but couldn't attract the attention of a sales person. I did manage to speak to a salesman but he declined to fetch my purchase for me so I had an irritating wait before being served with the absolute minimum of politeness.

If this is typical then I can quite image Currys disappearing soon despite having hardly any competition on the retail parks or High Street.

 

[AM9]

In the beginning there was Dixons and Currys - two competing high street stores (remembering Rumbelows as well). That was the case as far back at 1980. Curries I think sold white goods as well as smaller stuff while Dixons did not really sell white goods (washing machines, fridges and freezers). Dixons Group then set up PC world and these were usually (always ?) as out of town big stores - specialising in computers and peripherals. Dixons Group then bought Currys (circa 2000) and eventually the Dixons name got replaced by Currys especially where out of town stores selling small stuff and large white goods was concerned. Last ten years PC world seemed to wane and got moved into "Currys". Dixons Group is the parent. The Dixons name on the outlets seems to have completely disappeared. That is my recollection.

Actually, Dixons was cheap brand photographic an binoculars shop in the '60s.

 

[Ken X]

I believe that the Dixons brand was used for their airport stores until 3-4 years ago.

There was certainly a Dixons in the departure lounge in North Terminal, Gatwick when I retired in 2020.

 

[Peter Sarf]

Actually, Dixons was cheap brand photographic an binoculars shop in the '60s.

That males sense - probably saw off "the DG leisure centre" in about 1980.

By mid-late 70s Dixons was selling calculators and small mains electrical goods. A friend bought a Texas Instruments programmable calculator in 1978 - he brought it to a cafe where he proudly opened the box to discover the box was empty !. We went back with him and they quite unquestioningly believed him - led me to believe it was ex display and I was bending everyone's ear to angle for a discount. I also bought a Bush BR5902 radio in about 1978 and they were selling ESSENTIAL binoculars ("Miranda") earlier in about 1975-76. What I remember was the hard sell for the extended warranty and the difficulty getting a return refunded.

Apparently the Dixons staff got commission on sales and Curry's staff did not. So it was always easier to deal with problems at Currys. In the late 1970s I was always boring my friends with my theory that Currys would out out last Dixons. I was not very correct about that was I !.

I bought a Matsui (Dixons own brand) microwave for £49.99 in 1985 from Dixons and I declined the extended warranty for another £49.99 - that microwave died over 30 years later !. Dixons also had an own brand "Miranda" iirc for electronics so the "Matsui" name might have been used for the larger kitchen goods with the same name (iirc ?) for Currys.