When 4G launched, it offered some significant performance improvements over 3G. But with 5G, says Guy Matthews, editor of NetReporter, something far more profound is going on. The doors of possibility have been blown off their hinges. So what lies beyond? With all the buzz that surrounds 5G right now, it is an interesting contrast to look […]
Archives for 2021
New Covid variants are going to ‘hit us pretty hard,’ says Dr. Peter Hotez
Dr. Peter Hotez, co-director of the Center for Vaccine Development at Texas Children’s Hospital, says that the U.S. is “in for a tough ride” as new Covid variants spread across the country. “Because they’re more transmissible, it means more Americans will become infected, so even though we’ve had a slight decrease in the number of […]
Robinhood is said to draw on bank credit lines amid tumult
Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter. The firm has tapped at least several hundred million dollars, one of the people said. The company’s lenders include JPMorgan Chase and […]
Who the f*** is handling comms for Robinhood lol
Imagine being Robinhood’s PR person right now? Today they managed to enrage AOC, Ted Cruz, Donald Trump, the Winkelvii, Dave Portnoy, Elizabeth Warren and Elon Musk. Holy shit. Delete all of your socials, gentlemen. They’re talking about this company like they invented COVID or something. Oh my god. Portnoy wants them in jail or dead. […]
FASB simplifies revenue recognition for private company franchisors
Private company franchisors will be able simplify their revenue recognition accounting under a standard issued Thursday by FASB. The new Accounting Standards Update provides a practical expedient that simplifies how private company franchisors analyze certain activities when determining their performance obligations in a franchise agreement. When a business owner opens a new branch of a […]
Employee retention credit changes leave practitioners with questions
The IRS recently posted instructions on its website explaining how taxpayers who did not get their Paycheck Protection Program (PPP) loan forgiven can claim the employee retention credit (ERC) when they file their employment tax return. However, the guidance addresses only the situation in which the employer was denied PPP forgiveness; it does not address […]
ESG responsibilities increase for accountants in 2021 – Accounting Today
Environmental, social and governance (ESG) issues are steadily becoming the responsibility of accounting and finance professionals, according to the Association of International Certified Professional Accountants. In a release on Wednesday, the Association shared six ESG trends affecting accounting and finance professionals in 2021, with a main point being a shift in responsibility of ESG matters […]
Mimecast Confirms SolarWinds Hack as List of Security Vendor Victims Snowball
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Need an In-depth Understanding of Single Taxation vs. Double Taxation? Start Here
Taxes, taxes, taxes. As a business owner or aspiring entrepreneur, you probably dread hearing the word “taxes.” But the truth is, you’re going to hear it a lot when you’re in business. And depending on your type of business structure, you may have single taxation or double taxation. So … what’s the difference between single […]
Robo-adviser to close UK wealth business
EU-headquartered robo-adviser Scalable Capital is to close its UK business. The robo-adviser said it will no longer serve retail customers in the UK and will consolidate its wealth business into one platform in Germany. Scalable Capital entered the UK robo-advice market in 2017 with a financial advice service with a £200 fixed fee. Its service […]