Fed's Williams says inflation is too high but will start coming down soon
NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high but he is confident it will start decelerating later this year.
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Salesforce shares tumble 19%, on pace for worst day since 2004
Shares of Salesforce tumbled 19% Thursday morning, putting the stock on pace for its worst day since 2004.
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it's raised 34 million euros ($36.9 million) from leading European banks, including UBS and Commerzbank.
Philippines reels from shortage of ‘cyber warriors’ as hacking attacks soar amid China tensions
But industry analysts say such plans could struggle due to big shortages of skilled “cyber warriors” in the Philippines, which is estimated to need tens of thousands of digital security professionals.
DOJ charges Chinese national with operating 'world's largest botnet' that stole $5.9 billion in Covid relief funds
A global malware network responsible for the theft of $5.9 billion in Covid relief funds and tied to other crimes like child exploitation and bomb threats has been shut down, Department of Justice officials announced Wednesday.
Suspected militants burn girls’ school in northwest Pakistan, in third such attack this month
DERA ISMAIL KHAN, Pakistan (AP) — A group of militants used kerosine to set fire to a girls’ school in a former Pakistani Taliban stronghold, destroying furniture, computers and books, police said Wednesday, in the latest in a surge in such attacks.
Hong Kong police arrest 6 people accused of violating the city’s new national security law
HONG KONG (AP) — Hong Kong police on Tuesday arrested six people, including a former organizer of the city’s decades-long annual vigil that commemorated China’s Tiananmen Square crackdown, for allegedly publishing seditious social media posts, in what were the first publicly known arrests under the city’s new national security law.