Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
(Bloomberg) -- Meet the Y2K-bug’s little brother.

Thanks to a quirk in how Global Positioning Systems keep track of time, some devices are due to have their calendars reset at 7:59 p.m. EDT on Saturday. This echoes the hysteria -- mostly overhyped -- over global computers systems that gripped the world when the calendar was about to click over from 1999 to 2000.

Fortunately, the glitch only affects older GPS systems or ones that haven’t been updated, and the U.S. Department of Homeland Security says it isn’t expecting wide-scale disruptions. But they’ve still been warning that utilities, financial systems, airlines and telecommunication systems could be affected by the problem.

...

More at:
https://finance.yahoo.com/news/apos-y2k-revisited-gps-reset-...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.