Financial

May 31, 2025 Microsoft is gaining ground on Amazon Web Services (AWS) in the cloud race. Currently AWS is the market share leader with AWS 29% market share versus Azures 22% and Google Cloud's 12%. But Microsoft and more...

April 10, 2025 The US Office of the Comptroller of the Currency (OCC) reported a cybersecurity breach involving unauthorized access to emails of its executives and employees. Discovered on February 11, 2025, the breach was publicly disclosed approximately more...

April 8, 2025 The Social Security Administration (SSA) has experienced multiple website outages in recent weeks, disrupting services for beneficiaries. These issues have been traced to a recent software update mandated by the Department of Government Efficiency (DOGE), more...

September 4, 2024 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 has raised concerns about the viability of Intel's advanced 18A manufacturing more...

June 26, 2024 The Federal Reserve, the central banking system of the United States, is reportedly in negotiations with the ransomware gang LockBit following an alleged breach involving 33 terabytes of sensitive banking data. LockBit, notorious for its more...

June 24, 2024 In a recent report by Citigroup, the global investment firm has projected that artificial intelligence (AI) could lead to the displacement of more than 50% of jobs in the banking industry. This revelation highlights the more...

June 13, 2024 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 Tan highlighted strong growth in forward bookings and substantial cost cuts more...

June 3, 2024 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. The issue involved "LULD Bands," or limit up/limit down rules, designed more...

May 16, 2024 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 in over half a million fund members being unable to access more...

April 30, 2024 Many consumers believe that changing their credit card can end unwanted recurring charges from streaming services. However, a lesser-known banking system,  ensures these charges continue seamlessly. This system allows subscription services  to automatically update payment more...

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