Oprah Was Offended When People Called Her a Brand. Her Authenticity Is What Scaled

IBM shares tumbled Tuesday as CEO Arvind Krishna acknowledged in an unusual letter to investors that the company had failed to adapt quickly enough, a blunt admission that followed a surprise earnings miss and sent the stock toward its worst drop in decades.  Fortune talked to several analysts about the resulting 25% stock crash, the…

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…

Soybeans found late session strength to post 2 to 9 ¾ cent gains, as nearby July was up 14 ½ cents. The cmdtyView national average Cash Bean price was up 10 1/4 cents at $11.46. Soymeal futures were $2.30 to $3.40 higher across most contracts, with Soy Oil futures 32 to 83 points higher.  USDA reported a private…

Jensen Huang is urging Washington to stop worrying about China’s open-source AI just as an all-out panic has broken out over the highly capable, low-cost models that can increasingly compete with the most advanced products by OpenAI and Anthropic. The Nvidia CEO said in an interview with Axios Tuesday the U.S. should not ban these…

KPMG Australia has appointed Chief Financial Officer John Sams as its new head, as the arm of the global audit and consulting giant attempts to steer through a scandal that has rocked the firm. Processing Content Sams was selected as the firm’s chief executive officer effective immediately by the board, after a search across its…