A $57,590 Robot Was Supposed to Transform Learning. Instead, It Triggered a Backlash
The move raises concerns about the lack of tested evidence and community support for such an initiative.
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Block to pay $45M to states for fraud on Cash App
Jack Dorsey, CEO of Block, formerly Square. David Paul Morris/Bloomberg Processing Content Key insight: Block allegedly falsely advertised “advanced fraud detection” and secure account protocols when predatory scams were permitted to proliferate. What’s at stake: Block has paid several multimillion-dollar settlements to federal and state authorities for failing to provide any live customer service agents…
AI Startup Etched Takes Just One Month To Double In Valuation
Etched, an artificial intelligence (AI) firm that designs chips, racks, software, and manufacturing methods that aim to provide best-in-class throughput, latency, cost, and power efficiency, reported yesterday that it had raised $700 million at a valuation of $21 billion. The funding round was led by financial trading firm Jane Street. Other investors included Kleiner Perkins,…
FinCEN ends beneficial ownership reporting
The Treasury Department’s Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. Processing Content FinCEN also announced it would delete previously reported information by U.S. persons — now exempt from the reporting requirements —…
Walmart is Betting on These 10 AI-Proof Jobs—and Many Pay 6 Figures
As AI transforms the workplace, Walmart shared a strategy any founder can use to reduce turnover, build loyalty, and develop future leaders.
What transaction accountants should know before trusting an AI proof-of-cash
The proof-of-cash is one of the few procedures in the transaction accountant’s toolkit that has not changed meaningfully in decades. Processing Content The concept is straightforward: Every dollar that appears in the general ledger should be traceable to a corresponding bank transaction, and vice versa. In practice, executing that reconciliation across multiple bank accounts, multiple…
Performance Brokerage Services Advises on the Purchase of Mansfield Motor Group, a Three-Rooftop Nissan, Honda, and Volvo Dealership Group, in Mansfield, Ohio, from Dirk Schulter & Brett Schulter to Clement Auto Group
Performance Brokerage Services, the leader in dealership buy-sell activity, announces the purchase of Mansfield Motor Group, a three-rooftop Nissan, Honda, and Volvo dealership group, in Mansfield, Ohio, from Dirk Schulter & Brett Schulter to Penuel “Raj” Clement of Clement Auto Group. IRVINE, Calif., Sept. 9, 2026 /PRNewswire/ — Performance Brokerage Services, North America’s highest volume dealership brokerage…
