Treasury Department

Report: Treasury Hacked by Group Backed by Foreign Government

A report published on Sunday revealed that data stored by the United States Treasury was compromised by a sophisticated hacking group backed by a foreign government. The hackers also infiltrated the Commerce Department’s National Telecommunications and Information Administration. The National Security Council launched an investigation into the incident after a meeting on Saturday at the White House.

Hackers-Hacking-Reuters

Chinese State Media Hail TikTok-Oracle Partnership Proposal

Chinese state media praised the proposed deal between TikTok creators ByteDance and Oracle Corporation on Tuesday, with the Communist Party’s Global Times saluting it as recognition for “the hard-won efforts of the Chinese company amid a lack of trust between the world’s two largest economies.”

President Donald Trump gave TikTok six weeks to sell its US operations