Technology: Page 8
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Alphabet taps Eli Lilly veteran to replace longest-running CFO
Anat Ashkenazi will succeed Ruth Porat, a powerful Silicon Valley leader who took the tech giant’s finance reins in May 2015.
By Alexei Alexis • June 5, 2024 -
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Sponsored by IBMThe CFO’s role in the age of generative AI
CFOs are the strategic transformation partners CEOs need to ensure swift and successful generative AI adoption.
By Monica Proothi, Global Finance Transformation Leader, IBM Consulting • June 5, 2024 -
Explore the Trendline➔
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TrendlineSpend 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 -
Courtesy of Consortium of Cybersecurity Clinics
Few CFOs control cybersecurity budgets. Here’s why more should.
Tech executives, not CFOs, most often call the shots on cybersecurity spending at middle market companies, according to a recent RSM US survey.
By Maura Webber Sadovi • June 4, 2024 -
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Live Nation confirms Ticketmaster data breach after proposed class action
The breach, which reportedly exposed the personal data of more than 500 million consumers to the “dark web,” was the direct result of poor cybersecurity measures, the lawsuit alleges.
By Alexei Alexis • June 4, 2024 -
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Number of CFO job listings calling for AI skills hits 23%: Datarails
The April number is up from 20% in January, according to the study, which analyzed listings on job portals such as Glassdoor, Indeed, Job2Careers and ZipRecruiter.
By Alexei Alexis • June 4, 2024 -
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AI powers uptick in middle-market cyberattacks
“While AI is available to the good guys it’s also available to the bad guys” and it is cutting the time it takes to mount a cyberattack, RSM’s Tauseef Ghazi said.
By Maura Webber Sadovi • May 30, 2024 -
Permission granted by Bluebird bio
Bluebird names new CFO after accounting errors
The biotech company is revising financial statements for 2022 and the first three quarters of 2023 following the discovery of accounting missteps.
By Alexei Alexis • May 30, 2024 -
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Alphabet’s Google Fiber appoints its first CFO
John Abbot, a Goldman Sachs and Morgan Stanley alum, has taken Google Fiber’s finance reins.
By Maura Webber Sadovi • May 29, 2024 -
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65% of CFOs are building GenAI into their strategy: Billtrust
The study also found a significant knowledge gap, with only 49% of CFOs saying they felt “very knowledgeable” about GenAI's capabilities.
By Alexei Alexis • May 29, 2024 -
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PwC to become largest ChatGPT enterprise customer with new OpenAI deal
The agreement represents the latest step by the Big Four firm to further develop GenAI following its pledge to invest $1 billion into the technology over a three-year period.
By Grace Noto • May 29, 2024 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC clarifies intent of cybersecurity breach disclosure rules after initial filings
The rules require notification of “material” breaches, but some early filers have reported incidents that appear to fall short of the regulatory threshold.
By Alexei Alexis • May 28, 2024 -
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Nvidia shows off strength of AI with 262% sales jump
“The next industrial revolution has begun,” Nvidia CEO Jensen Huang said during an earnings call last week.
By Alexei Alexis • May 28, 2024 -
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SEC fines NYSE’s parent $10M for failing to report cyberattack
The settlement sheds light on the costs of cyberattacks that can include penalties for non-compliance with timely disclosure requirements after the events occur.
By Maura Webber Sadovi • May 22, 2024 -
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AI startup Anthropic brings in Airbnb alum as first CFO
Anthropic is getting its first-ever finance chief as the company attempts to crack AI’s “black box” in the face of growing ethical and security worries.
By Grace Noto • May 22, 2024 -
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Getting employees ahead of the AI learning curve: Tipalti CFO
Leaders need to ensure they’re offering opportunities for employees to experiment with AI before the technology is ready for “prime time,” CFO Sarah Spoja said.
By Grace Noto • May 21, 2024 -
Lynne Marek/CFO Dive
Deep DiveReal-time lessons for FedNow from Brazil, India
The fledgling U.S. instant payments system can learn from real-time systems that have flourished in Brazil and India using QR codes and broad missions, say industry professionals.
By Christiana Sciaudone • May 21, 2024 -
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Shadow IT surge threatens corporate data: report
OpenAI’s ChatGPT tool remains the most frequently used AI application in the workplace, according to the research.
By Alexei Alexis • May 21, 2024 -
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Ballooning AI budgets expected to face ROI pressure
As corporate AI expenditures grow, they will likely come under increased scrutiny in earnings calls, Gartner’s Frances Karamouzis said.
By Alexei Alexis • May 21, 2024 -
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What’s the cost of the IT skills gap? IDC says $5.5 trillion by 2026
AI coding and workforce training capabilities could trim as much as $1 trillion from the losses by 2027, according to IDC researcher Gina Smith.
By Matt Ashare • May 17, 2024 -
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Scammers siphon $25M from engineering firm Arup via AI deepfake ‘CFO’
Cybercriminals utilized AI deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.
By Grace Noto • May 17, 2024 -
Kate Tornone/CFO Dive
Employers should include workers in AI plans, DOL says
The agency outlined a list of eight “AI Principles for Developers and Employers” on Thursday, following up on a 2023 directive from the White House.
By Ryan Golden • May 16, 2024 -
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OpinionThe problem that made ‘zero-based budgeting’ unachievable just got solved
Accounting for every dollar was largely just an elusive aspiration in finance circles — until artificial intelligence arrived, writes Globality’s Seth Catalli.
By Seth Catalli • May 14, 2024 -
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Congress wants to question Microsoft exec over security defects
A House panel wants to question Brad Smith, Microsoft’s president and vice chair, over the company’s security shortcomings and how it plans to strengthen security measures.
By Matt Kapko • May 13, 2024 -
Courtesy of Instacart
Instacart taps VP of finance, former Uber exec for CFO seat
The new CFO said the company remains “relentlessly” focused on investing in new technologies and cultivating its partnership with Uber.
By Alexei Alexis • May 9, 2024 -
Permission granted by Panax
AI-driven cash flow management startup gets $15M boost
Panax is among companies that say they’re seeing high demand for finance automation tools as businesses try to navigate an uncertain economic environment.
By Alexei Alexis • May 8, 2024
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