Technology: Page 7
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Almost 60% of corporate cybersecurity budgets are higher this year: report
Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.
By Alexei Alexis • July 3, 2024 -
NVIDIA-backed WEKA zeros in on AI data storage, infrastructure
The company made a concentrated decision to catch the AI “wave” early in order to help clients build out modern, “AI-native” tech stacks, Weka’s CFO says.
By Grace Noto • July 2, 2024 -
Trendline
Spend management innovation yields equity value
Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value.
By CFO Dive staff -
Chevron ruling adds new wrinkle to US cybersecurity efforts
The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.
By Alexei Alexis • July 2, 2024 -
Cyber insurance prices fall amid rising competition: report
The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.
By Alexei Alexis • July 2, 2024 -
Sponsored by ScottMadden
Achieve real AI results in finance
Standing idle is not an option as our organizations demand AI-enabled solutions.
By Brad DeMent • July 1, 2024 -
Enterprise cloud storage spend to double by 2028 as AI ramps up
AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.
By Matt Ashare • June 28, 2024 -
Cyberattack costs outpace insurance coverage: Sophos
Only 1% of organizations that made a cyber insurance claim within the previous year saw their policy cover 100% of the costs they incurred while remediating the incident.
By Alexei Alexis • June 27, 2024 -
HP taps former JP Morgan executive as CFO
The transition comes as the tech giant is focused on recovering from sagging sales after heightened demand during the COVID-19 pandemic.
By Alexei Alexis • June 26, 2024 -
SEC’s $2.1M fine on RR Donnelly over hack response slammed as overreach
The agency’s assertion that a cybersecurity failure can be punished as an “internal accounting controls” violation is raising eyebrows.
By Alexei Alexis • June 25, 2024 -
Opinion
Harnessing GenAI in corporate finance: Lessons from Microsoft
Finance teams deploying the technology need a "trust, but verify" approach to outputs, among other best practices, a pair of Microsoft executives write.
By Georg Glantschnig and Cory Hrncirik • June 25, 2024 -
Sponsored by Celonis
AI-Driven Efficiency: The fusion of digital twins, process intelligence and process mining
To capitalize on the potential of AI in the business world, companies must address the challenge of deriving meaningful insights from their data.
June 24, 2024 -
76% of large automating firms plan to swap workers with AI: CFO survey
Automation ranks as a high or moderate priority for about 65% of companies, both large and small, Duke University’s Fuqua School of Business found.
By Alexei Alexis • June 20, 2024 -
Startup focused on AI-driven cyber threats raises $18M
The announcement comes as artificial intelligence adoption explodes and enterprises grapple with related risks.
By Alexei Alexis • June 18, 2024 -
Tech layoffs impact nearly 100,000 workers so far in 2024
Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.
By Alexei Alexis • June 18, 2024 -
McDonald’s ends automated drive-thru pilot
The fast food chain still sees a future for automated order taking at the drive-thru and expects to make a decision about the tech by year’s end.
By Aneurin Canham-Clyne • June 17, 2024 -
Sponsored by CoStar Real Estate Manager
ASC 842 lease accounting software for the long term
Lease accounting solutions have to be advanced enough to actually solve both the problems of today and those to come.
June 17, 2024 -
Microsoft president promises significant culture changes geared towards security
Brad Smith detailed plans to tie compensation to security, as lawmakers raised new questions about the company’s commitment to transparency.
By David Jones • June 14, 2024 -
Office fit-out cost growth downshifts to 2.7%: JLL
While U.S. and Canadian workers are typically in the office just 3.1 days a week, employers are still spending more when building new space.
By Maura Webber Sadovi • June 11, 2024 -
How CFOs can tap a holistic strategy to cut through indirect tax noise
Taking a platform-based approach can help CFOs get a clearer handle on the data they need to comply with disparate indirect tax requirements.
By Grace Noto • June 11, 2024 -
IBM’s Apptio unit tests AI tool trained to tackle rising IT costs
The effort comes as many finance leaders are grappling with out-of-control cloud expenses.
By Alexei Alexis • June 11, 2024 -
OpenAI appoints Nextdoor, Square alum as CFO
Sarah Friar brings a resume packed with both Silicon Valley and investment banking experience to her new role at the artificial intelligence firm.
By Maura Webber Sadovi • June 10, 2024 -
Few companies report solid EBIT gains from rush into GenAI: McKinsey
Seven out of 10 companies that use generative AI most effectively said they faced challenges in governing and integrating data, McKinsey said.
By Jim Tyson • June 10, 2024 -
Alphabet hands new CFO $9.9M sign-on bonus
The incoming finance chief — Eli Lilly veteran Anat Ashkenazi — was granted the bonus in light of “her prior company’s forfeited compensation,” Alphabet said.
By Alexei Alexis • June 10, 2024 -
Sponsored by Planful
Finance teams have so much to gain from AI - here’s why
Discover how AI is revolutionizing finance by boosting productivity, automating tasks and providing insightful analytics. Learn how CFOs can harness its potential while building trust.
By Grant Halloran, Planful CEO • June 10, 2024 -
Cyberattacks pose mounting risks to creditworthiness: Moody’s
“As more data becomes available — thanks to recently adopted disclosure requirements — attacks continue to proliferate,” a Moody’s executive said.
By Jim Tyson • June 5, 2024