Financial

US Bank Regulator Hacked – Sensitive Banking Info Stolen

The US Office of the Comptroller of the Currency (OCC) reported a cybersecurity breach involving unauthorized access to emails of its executives and employees....

Social Security Website Crashes Linked to DOGE Software Update

The Social Security Administration (SSA) has experienced multiple website outages in recent weeks, disrupting services for beneficiaries. These issues have been traced to a...

Intel’s contract manufacturing hits setback with quality issues

Intel’s contract manufacturing business has encountered a major setback after silicon wafers produced for Broadcom failed to meet expectations during recent tests. This failure...

Federal Reserve targeted by ransomware gang: Claims of 33TB data theft

The Federal Reserve, the central banking system of the United States, is reportedly in negotiations with the ransomware gang LockBit following an alleged breach...

AI could displace more than 50% of banking jobs, according to new Citigroup report

In a recent report by Citigroup, the global investment firm has projected that artificial intelligence (AI) could lead to the displacement of more than...

VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track

In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion. Despite this decline, Broadcom CEO Hock...

NYSE technical error sends stocks tumbling

A technical glitch at the New York Stock Exchange (NYSE) today caused several high-profile stocks to rapidly lose value before being halted from trading....

Google does the unthinkable – reportedly erasing a 125 billion dollar pension fund

It's reported that Google inadvertently erased the Google Cloud account of UniSuper, an Australian pension fund valued at approximately $125 billion. This error resulted...

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