Technology

M&A

Workday Buys Zimit to Add Price Quote Solution

“Bringing Zimit into the Workday community is a natural fit and aligns with our mutual goal to automate complex finance processes.”
Cybersecurity

Budgeting for Cybersecurity Requires a New Approach

It’s time for CFOs to dump the traditional line-item method to setting cybersecurity spending.
Cryptocurrency

BitConnect Charged With $2B Crypto Fraud

The crypto exchange platform allegedly misrepresented to investors that it would deploy their funds to trade bitcoin using a proprietary bot.
Regulation

Brokerages Fined Over Cybersecurity Failures

The SEC says inadequate security at three firms resulted in the information of customers being compromised through email account break-ins.
Mobile

Apple Settles App Makers’ Suit for $100 Million

The settlement of the antitrust class action also includes changes to App Store rules that prevented developers from billing customers directly.
Data Security

Data of 47 Microsoft Customers Exposed to Web

The data exposures discovered by a cybersecurity firm "show how one bad configuration setting in a popular platform can have far-reaching consequences.”
Cash Management

Coinbase Amasses $4B War Chest

Almost all of Coinbase’s revenue comes from trading fees, meaning that price volatility in crypto markets came as a boon to its trading business.
Capital Markets

Meme Stock Phenomenon Presents Opportunities for CFOs

What starts out as a “cultish response to a flagging brand” can result in favorable outcomes for the formerly distressed issuer.
Cryptocurrency

Walmart Is Hiring a Digital Currency and Cryptocurrency Product Lead

The executive will be in charge of identifying crypto-related investment and developing a digital asset strategy.
Data Security

T-Mobile Confirms Hackers Accessed ‘Some Data’

“If claims that data for 100 million people have been hacked prove to be true, [the] breach will be among the largest carrier data breaches ever."
Cybersecurity

Pearson to Pay $1M Fine for Misleading Investors About Cyber Breach

The 2018 cyber intrusion involved the theft of millions of student records, including birth dates and email addresses.
Technology

Nikola Wins Research Grant From DOE

The announcement of the grant comes two weeks after Nikola founder Trevor Milton was charged with lying to investors.
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