Industry News

Industry News

 

Accounting

India’s securities regulator sanctions PwC for failing to detect the $1.7 billion fraud at Satyam Computer Services. (CFO)

http://ww2.cfo.com/fraud/2018/01/pwc-fined-2m-indian-accounting-fraud/

Information Systems

IBM has announced a joint venture with Danish shipping giant Maersk to use blockchain technology to cut through the red tape of global trade. (CFO)

http://ww2.cfo.com/technology/2018/01/ibm-maersk-bring-blockchain-shipping/

Supply Chain Management

Manufacturers should work with vendors that are implementing blockchain into their processes to shorten lead times, save money and build more transparent supply chains. (Industry Week)

http://www.industryweek.com/supply-chain/blockchain-2018-disruptor-year

Marketing analytics

BP Plc plans to invest $500 million a year on low-carbon energy, which presents a growing challenge to its traditional oil business. (Industry Week)

http://www.industryweek.com/companies-executives/bp-plans-invest-500-million-year-low-carbon-energy

Finance

Facebook reported a record sales quarter and an 11th straight quarterly revenue beat even though users spent about 50 million hours per day less on the social network. (CFO)

http://ww2.cfo.com/financial-performance/2018/02/facebook-posts-record-sales-12-9b-q4/

Business & Management

How Is Big Business Using the Trump Tax Cut? Apple is repatriating hundreds of billions of dollars, Lockheed Martin is earmarking cash for its pensioners, AT&T handed out thousand-dollar bonuses for employees, and more. (Industry Week)

http://www.industryweek.com/corporate-finance-tax/how-big-business-using-trump-tax-cut-what-we-know-so-far

Business Analytics

SpaceX plans to launch its Falcon Heavy this afternoon, and Elon Musk guarantees it will be exciting — either an exciting success or an exciting failure. (Industry Week)

http://www.industryweek.com/emerging-markets/spacex-counts-down-launching-world-s-most-powerful-rocket