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Microsoft Corp

White House task force met to discuss Microsoft software weaknesses
World

White House task force met to discuss Microsoft software weaknesses

  • The group, which met on Monday, "included private sector members for the first time" who were invited "based on their specific insights to this incident," she said.
  • The White House group noted that paying to mitigate the hack "weighs particularly heavily on small businesses," Psaki said.
Updated 17 Mar, 2021 07:04pm
Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO
Markets

Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO

  • The company is looking to raise as much as $775.5 million through an offering of 16.5 million shares, priced between $44 and $47 apiece, according to a regulatory filing.
  • DigitalOcean provides its cloud platform and tools to developers, startups and small- and medium-sized businesses and has over 570,000 customers in more than 185 countries.
Updated 15 Mar, 2021 09:28pm
European banking regulator EBA targeted in Microsoft hacking
Markets

European banking regulator EBA targeted in Microsoft hacking

  • The European Union's banking regulator, which gathers and stores swathes of sensitive data about banks and their lending, said it believed the cyber attack had struck only its email servers.
  • Microsoft and a person working with the US response blamed the initial wave of attacks on a Chinese government-backed actor. A Chinese government spokesman said the country was not behind the intrusions.
Published 08 Mar, 2021 10:05pm
Futures slip after Wall Street ends at record highs
Markets

Futures slip after Wall Street ends at record highs

  • Futures down: Dow 0.21%, S&P 0.19%, Nasdaq 0.18%
  • Last week's data showing slower-than-expected growth in the labor market underscored the need for more government aid to blunt the effects of the COVID-19 pandemic.
Published 09 Feb, 2021 05:19pm