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Tech News

Tech News

The Flag Nobody Deleted

Knight Capital lost $440 million in 45 minutes to a leftover code flag, and its got me thinking about dead code and kill switches in my own tiny projects.

August 4, 2012 · 4 min read

Tech News

The 45 Minutes That Nearly Killed Knight Capital

Knight Capital lost something like $440 million in 45 minutes this week because of leftover code on one server nobody bothered to remove. As a programmer, that detail is the part I cant stop thinking about.

August 3, 2012 · 4 min read

Tech News

The $440 Million Bug That Was Just a Bad Deploy

Knight Capital's trading software lost $440 million in 45 minutes because of a stale server left running old code during a deploy, and it's a story every developer who's ever shipped to production should read.

August 2, 2012 · 4 min read

Tech News

When a Software Deploy Goes Really Wrong

A software deployment error at Knight Capital Group cost the trading firm $440 million in 45 minutes. An automated algorithm spiraled out of control on Friday, turning a tech fail into one of the costliest disasters in financial history.

July 23, 2012 · 3 min read