MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the second quarter of fiscal 2020, which ended Jan. 31. “We are halfway through our fiscal year and continue to see strong momentum as we make progress on our strategy to become an A.I.-driven expert platform,” said Sasan […]
Archives for February 2020
Proposed regs. issued on meal and entertainment expense deductions
In REG-100814-19, the IRS issued proposed rules clarifying that taxpayers may generally continue to deduct 50% of the food and beverage expenses associated with operating their trade or business, despite changes to the meal and entertainment expense deduction under Sec. 274 made by the tax law known as the Tax Cuts and Jobs Act (TCJA), […]
Intuit to Acquire Credit Karma
Combined Companies to Create Consumer Finance Platform That Works Like a Personalized Financial Assistant Companies Aim to Transform FinTech, Power the Economy and Help Consumers Make Financial Progress MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks and Mint, today announced that it has agreed to acquire Credit Karma, the consumer technology […]
How a connected motorcycle could save thousands of lives
A motorcycle with smart sensors could combine IoT monitoring of the vehicle and bio-sensors that measure a rider’s health to reduce deaths on the road. More about IoT It’s clear that connected devices are helping improve lives by monitoring things like blood pressure and infusion pumps in hospitals, and there’s the promise of solutions like […]
White House planning to ask Congress for emergency funds to fight coronavirus spread
Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images The White House is planning to ask Congress to approve an emergency spending package to help the Trump […]
Oil prices drop 4% on demand concerns as virus spreads
LONDON (Reuters) – Oil prices fell 4% on Monday, as the rapid spread of the coronavirus in countries outside China added to investor concerns about the impact on demand. Global shares also extended losses as worries about the impact of the virus grew, with the number of infections jumping in Iran, Italy and South Korea. […]
AI Regulation: Has the Time Arrived?
Most of the world’s leading democracies want to investigate the impact of AI’s exponential growth. The US isn’t one of them. Image: Sdecoret – stock.adobe.com Is artificial intelligence getting too smart (and intrusive) for its own good? A growing number of nations have concluded that it’s time to take a close look at AI’s impact […]
Too Much Data Privacy Regulation Too Fast?
While the California Consumer Protection Act is a step in the right direction in the war for data privacy, are the hurdles that businesses are forced to jump effective and cost-worthy? There’s no sweeping federal US consumer data privacy law, and so far, all the action has been at the state level. The California Consumer […]
Court restrains Club Factory from using trade secrets of Snapdeal
A Gurgaon court has restrained Club Factory and one of its employees from sharing, divulging, using or utilising Snapdeal‘s trade secrets, financial data and confidential information. Civil Judge Suyasha Jawa also directed Club Factory and its employee, who earlier worked for Snapdeal, to refrain from using Snapdeal’s trade secrets in approaching, contacting, soliciting, enticing, inducing […]
eSIM is all about business growth and digital experience
SPONSORED INTERVIEW Yuval Mayron is general manager for Internet of Things (IoT) at Amdocs and has worked extensively to create the company’s comprehensive eSIM offerings. He explains to George Malim how exploiting the full benefits and opportunities of eSIM necessitates a holistic approach that brings together the technical solution, with the device makers, network operators, […]