Online video and music on-demand platforms, which saw a huge jump in viewership during the lockdown, are seeing their thunder stolen by rampant piracy, especially on encrypted messaging platforms like Telegram and WhatsApp, and the deep dark web. Telegram saw piracy on its platform jump a staggering 1092% or about 11 times during lockdown, while […]
Archives for September 2020
How auditors can enhance the reliability of non-GAAP reporting
Engaging external auditors to perform procedures outside the financial statement audit related to non-GAAP financial measures or key performance indicators (KPIs) can raise public confidence in this information, according to a Center for Audit Quality (CAQ) report issued Tuesday. In an audit of the financial statements, auditors generally have limited responsibility for non-GAAP measures and […]
Xero and SAIPA join forces to help accountants navigate current challenges
I had the opportunity to sign a Memorandum of Understanding (MoU) with one of South Africa’s leading accountancy bodies – the South African Institute of Professional Accountants (SAIPA). This followed continued work with their team to support and educate South Africa’s accounting practitioners. Alongside other industry leaders, Xero will work with SAIPA in its mission […]
Perspective appoints group acquisitions director
Fast-growing Financial Planner Perspective Financial Group has appointed Sam Smith as its group acquisitions director as it looks to finalise more deals. The Financial Planner also said it has seven acquisition deals it hopes to complete before Christmas, with another eight in the pipeline. Mr Smith joins from Attivo Group where he held a similar […]
Treasury yields fall ahead of U.S. presidential debate
U.S. government debt prices were higher on Tuesday morning as investors monitored stimulus discussions and awaited the first debate ahead of the U.S. presidential election. At around 2:20 a.m. ET, the yield on the benchmark 10-year Treasury note dropped 1.04% to trade at 0.6561%. In the meantime, the yield on the 30-year Treasury bond fell by 0.57% to trade at […]
E-tailers, logistics company may hire 1.5 lakh people for festive sales
With consumer demand expected to surge for e-commerce in the festive sales, top e-tailers and logistics platforms are cumulatively expected to create over 1.5 lakh such seasonal jobs in supply chain and delivery, including the hirings that started few months ago. Amazon India is set to hire another 15,000-20,000 additional seasonal workers for delivery and […]
E-tailers, logistics company may hire 1.5 lakh people for festive sales
With consumer demand expected to surge for e-commerce in the festive sales, top e-tailers and logistics platforms are cumulatively expected to create over 1.5 lakh such seasonal jobs in supply chain and delivery, including the hirings that started few months ago. Amazon India is set to hire another 15,000-20,000 additional seasonal workers for delivery and […]
Google to enforce its 30% cut on Play Store apps
Google plans to enforce its Play Storepolicies that will require app developers selling digital goods to use its in-app payment system, giving the tech giant a 30% commission for each transaction. “We have clarified the language in our Payments Policy to be more explicit that all developers selling digital goods in their apps are required […]
LIFE AFTER JOBKEEPER
The past few months have been tough on everybody, particularly business. Without the government lifelines of JobKeeper, Cash Boost, loans and grants, low interest loans and deferrals, many businesses simply would not have been able to survive. In just days that lifeline is about to end for many small businesses. There has been a truckload […]
Study says social groups still risky for children
The presence and proliferation of child sexual abuse material (CSAM) on messaging platforms like WhatsApp and Telegram continue unabated, and many groups that were flagged for such material are still active, a new study has found. CyberPeace Foundation, a cybersecurity think tank that conducted the study, also proposed a techno-legal strategy to tackle the issue, […]