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(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.


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