By Natalie DeCoste Bad news for the U.S. economic recovery as the latest weekly jobless claims numbers revealed an unfortunate upward turn. For the week ending July 17, initial filings for unemployment insurance totaled 419,000. The new figures reflect an increase of 51,000 from the previous week's revised level, which was already revised by 8,000 from [...]
By Natalie DeCoste Microsoft announced on July 21 that it is acquiring CloudKnox Security to help strengthen its cybersecurity. The deal allows Microsoft to expand its security business and keep Windows and its other products secure. CloudKnox Security claims to be the only multi-cloud, hybrid cloud permissions management platform. The company provides “granular visibility,” automated remediation, and continuous monitoring [...]
By Natalie DeCoste Supply chain problems have been plaguing American consumers since the start of the pandemic, and the latest word coming from the restaurant industry reveals these issues have not gone away. Two major chains, Starbucks and Taco Bell, have warned consumers that some of their menu items may not be available. Taco Bell is [...]
By Natalie DeCoste The Center for Disease Control (CDC) has won a legal battle that helps to affirm the government agency's COVID-19 related authority. A late-night order from the Atlanta-based Eleventh Circuit Court of Appeals on Saturday granted a stay on an order from a federal judge in Tampa which was issued last month that blocked the [...]
By Natalie Decoste Three government agencies that oversee banking regulations are seeking public comments on a new regulation involving a risk management framework for third-party relationships. The Federal Deposit Insurance Corp., the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (OCC) are seeking comments on their newly [...]
By Natalie DeCoste Zoom, one of the pandemic’s biggest winners, announced on Sunday that it is buying Five9, a provider of cloud contact center software, in a move to expand beyond communication software. The company announced that it entered into a definitive agreement to acquire Five9 in an all-stock transaction valued at approximately $14.7 billion. This deal marks [...]
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