Code & Brew
In a recent address, Federal Reserve Chair Jerome Powell provided an update on the central bank’s decision to maintain interest rates at their current levels, emphasizing the importance of careful monitoring of economic indicators. Powell articulated that the Federal Reserve will remain vigilant, stating, “We are committed to using our tools to support the economy…
In a significant development within the Indian IT sector, Clorox has filed a $380 million lawsuit against Cognizant, alleging gross negligence during a 2023 cyberattack. According to the Financial Times article “Clorox sues Cognizant as troubles mount in India’s tech sector,” Clorox claims that Cognizant’s staff handed over credentials to hackers without proper verification. Cognizant…