Paul Brody, Global Blockchain Innovation Leader of EY Getty Images The idea that enterprises could use a public blockchain network is usually met with a lot of skepticism and raised eyebrows by the senior executives in Fortune 500 company boardrooms. Most of the time, engineers and product owners are even scared to mention any of […]
Archives for 2020
Ban on non-essential sales continues for e-commerce firms
The government on Saturday said that e-commerce players such as Flipkart and Amazon would be allowed to sell only essential goods on their platforms even as offline stores selling non-essential items would be allowed to operate. The Ministry of Home Affairs (MHA) issued a clarification stating the same just hours after issuing guidelines on Friday […]
U.S. FDA warns against malaria drugs Trump championed for COVID-19
(Reuters) – The U.S. Food and Drug Administration on Friday cautioned against the use of malaria drug hydroxychloroquine in COVID-19 patients even as President Donald Trump, who has touted it as a “game changer,” advocated for an additional review. The drug, first approved in 1955, provided no benefit and potentially higher risk of death for […]
Facebook takes aim at Zoom with Messenger Rooms
Facebook on Friday unveiled a new video chat service with virtual “rooms” where people can pop in to visit friends, aiming at users turning to the popular Zoom platform during the pandemic. Through the Facebook Messenger application, users will be able to start video call sessions that as many as 50 friends can join and […]
As coronavirus crushes travel industry, Expedia maps out private equity survival strategy
Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers As online travel giant Expedia struggles to survive the ravages of the coronavirus crisis, private equity has jumped in to help the company stay afloat and potentially ready it for sale when the economy restarts. Apollo […]
Tax & Accounting Update – The CPA Journal
Tax & Accounting Update is provided by Thomson Reuters and based on material published on Checkpoint, its online news and research platform. The Update is a quick-reference guide to the most pressing issues coming down the regulatory and administrative pipeline. Visit https://tax.thomsonreuters.com/checkpoint-news/ for further information and daily updates. Tax News IRS properly withheld employee names, cellphone numbers […]
SAS@home Virtual Summit Showcases New Threat Intel, Industry Changes
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SBA warns that larger companies may not qualify for PPP loans
The U.S. Small Business Administration (SBA) issued guidance Thursday reminding larger companies with adequate sources of liquidity to support ongoing operations of their responsibility to certify their eligibility for Paycheck Protection Program (PPP) loans if they apply or have applied. The SBA also issued guidance Friday in an interim final rule related to the PPP […]
Weekend Reading for Financial Planners (Apr 25-26)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the news that the Senate and House (and imminently, the President) are signing into law the next wave of coronavirus pandemic stimulus, a $484B bill that includes another $310B of funding for the PPP (along with […]
View: Raise the bar for online liquor sale
By Aman Taneja & Anirudh Rastogi, Ikigai LawWith more than another week of nationwide lockdown to go, and the Indian economy continuing to face unprecedented batterings due to businesses being shut for more than amonth, the prohibition on the sale of liquor has become a contentious issue. Keeping practical issues like social distancing and the […]