Tech Q1 job cuts surge above 50K

The latest figures show that layoff activity in the tech sector may be far from over despite a huge drop after the first quarter of last year.

By Alexei Alexis • March 19, 2024

CFOs play it safe on AI spending

Close to two-thirds (62%) of CFOs responding to a Deloitte poll anticipated an allocation of less than 1% of their organization’s budget for GenAI next year.

By Alexei Alexis • March 19, 2024

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Audit committees rank cybersecurity as top priority amid SEC crackdown

Cyberattacks are just one of several rapidly changing threats confronting audit committees, according to the Center for Audit Quality and Deloitte.

By Jim Tyson • March 14, 2024

Visa teams with SAP’s Taulia on embedded payments

The card network giant wants to simplify payment processes for CFOs, accounts payable staff and procurement professionals, via the new tie.

By Tatiana Walk-Morris • March 14, 2024

Apex Fintech CFO looks to identify key skill gaps ahead of potential IPO

Nasdaq alum Chantal Wessels is aiming to identify the critical skill sets and technologies Apex might need as it consolidates its plans for an IPO.

By Grace Noto • March 13, 2024

EU lawmakers pass sweeping AI rules with global reach, stiff penalties

Penalties include up to €35 million or 7% of a company’s total worldwide annual turnover — whichever is higher — for violations of a ban on “emotion recognition” in the workplace.

By Alexei Alexis • March 13, 2024

Lack of C-suite trust puts focus on transparency, coordination: PwC

Building trust in the C-suite requires a “common view of prioritization,” PwC’s Wes Bricker said.  

By Grace Noto • March 12, 2024

New SEC cyber rules draw ‘question-begging’ breach disclosures

Filers may be opening the door to investor confusion by reporting breaches that don’t appear to be “material” as described, without explaining why they’re doing so.

By Alexei Alexis • March 12, 2024

Costs, not security, worry enterprise leaders most as cloud estates multiply

Optimizing spend surpassed security among enterprise concerns, Flexera’s annual survey found.

By Matt Ashare • March 12, 2024

AI deepfakes targeted in Biden’s State of the Union speech

The president’s remarks come amid growing concerns about the potential use of deepfakes to wreak havoc in elections or perpetrate fraud against businesses.

By Alexei Alexis • March 12, 2024

OpenAI quells some enterprise fears as leadership saga concludes

The AI startup’s board expansion to include more enterprise experience will partly allay customer worries, one expert said, but safety concerns across vendors persist.

By Lindsey Wilkinson • March 11, 2024

Visa spends ‘billions’ battling cybersecurity threats

“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

By Lynne Marek • March 11, 2024

The high cost of outdated AR

Today’s B2B customers demand a seamless order-to-cash experience, and brands must embrace automation to adapt.

March 11, 2024

Legacy tech stymies cost-cutting innovations

Most companies fell short of their cost-reduction targets last year, with half citing challenges related to legacy tech as a top barrier, Deloitte found.

By Alexei Alexis • March 5, 2024

Tech startup Slice raises $7M for equity compensation platform

The funding will help the startup to further develop the platform while expanding its geographic reach, according to CEO Maor Levran.

By Alexei Alexis • March 5, 2024

Legal woes continue for OpenAI as Elon Musk sues over contract breach

OpenAI eschewed its nonprofit status to become a de facto Microsoft subsidiary, the Tesla CEO alleged in a Thursday filing before the Superior Court of California.

By Roberto Torres • March 1, 2024

SEC charges Lordstown Motors with misleading investors on sales outlook

Lordstown’s auditor and adviser also faces SEC sanctions for allegedly violating independence standards.

By Jim Tyson • March 1, 2024

Yelp exec jumps to AI realm, takes Xometry’s CFO chair

Yelp’s James Miln is joining the manufacturing marketplace provider as a spotlight continues to shine on AI-powered services and offerings.

By Grace Noto • March 1, 2024

Microsoft rolls out Copilot AI tool to finance teams

The move is part of Microsoft’s effort to layer AI across its enterprise offerings, with the ambitious goal of impacting every role in the workplace.

By Alexei Alexis • Feb. 29, 2024

SaaS license waste tops IT spend challenges

Hasty software purchasing during the pandemic led to bloated tech stacks that are now ripe for trimming.  

By Alexei Alexis • Feb. 27, 2024

CFOs take backseat to CISOs on SEC cyber rules

Less than half of finance chiefs are involved in the SEC's cybersecurity breach disclosure process, AuditBoard found.

By Alexei Alexis • Feb. 27, 2024

AI, employee balance key to driving tech strategy: IMA

Treating AI like a new colleague, rather than a replacement for employees, can help CFOs more seamlessly incorporate the technology.  

By Grace Noto • Feb. 26, 2024

MGM Resorts’ cyberattack headache continues as regulators launch investigations

The company said it could face fines in connection with regulatory inquiries stemming from the social engineering attack.

By David Jones • Feb. 26, 2024

New Prophix CFO: championing the ‘data steward’ shift

The “bird’s eye view” of the business provided by finance chiefs makes them ideal choices as stewards of data, Prophix CFO Aaron Levine says.  

By Grace Noto • Feb. 22, 2024

‘Maverick’ SaaS spending by workers can waste millions: Vertice

A company with more than 2,000 employees wasted, on average, as much as $4.3 million on underutilized SaaS licenses in 2023.

By Alexei Alexis • Feb. 20, 2024