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News
A Chinese humanoid startup flips 'distillation' claim on OpenAI as it releases a new robotics model
3+ day, 5+ hour ago (427+ words) The CEO of an Ant-backed humanoid robotics startup has published a letter to OpenAI in Chinese that raises questions about technical and design similarities between the two companies' recent models. "People often say major tech companies have intelligence networks monitoring…...
M&A roundup: Hot start to September
1+ week, 5+ day ago (145+ words) CRI added Morrison & Smith; Ascend acquired GreerWalker; Nichols Cauley added LaRocco; Accuity acquired KKDLY; Grimes added Stevens and Ciccone; BGM acquired John T. Chipman; and WPWealth added Optimus Capital Advisors. Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more. Employees…...
Current developments in S corporations
1+ mon, 1+ week ago (1332+ words) This annual update covers recent developments, including court cases and selected administrative changes occurring in the 12 months ending March 2026....
Tech News: Bizora announces advisory group
1+ mon, 2+ week ago (125+ words) Bizora announces advisory group, will sign off on opinions; Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news. Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth…...
Intuit CEO to accountants: "You are the customer, not a channel"
2+ mon, 2+ week ago (754+ words) Intuit CEO Sasan Goodarzi declared today that, going forward, accountants are the customer not the channel and consequently they will be serving them as the customer. "We are here to be your partner. Not compete with you," he said. This…...
Whitman launches firm valuation tool
2+ mon, 2+ week ago (313+ words) "Leaders need more than a simple valuation, they require a strategic roadmap," Philip Whitman, CEO and president of Whitman Advisory, said in a statement. "We designed this platform to quickly turn raw financial data into the objective confidence executives need…...
Activist investor Jana Partners takes stake in medical device maker Cooper Companies, WSJ says
10+ mon, 3+ week ago (140+ words) Activist investor Jana Partners has taken a stake in medical device maker Cooper Cos. and will push the firm to explore strategic options, The Wall Street Journal reported Monday. Shares of Cooper were up 4% in afternoon trading Monday. The hedge…...
Financial restatements drop 18%
3+ mon, 1+ week ago (253+ words) Corporate restatements dropped by almost a fifth (18%) in 2025, according to a new report, continuing a long-term trend of decreases. At 391, last year had the second-lowest number of restatements in the past 20 years, according to Ideagen Audit Analytics' new "Financial Restatements…...
Wells Fargo CEO sees 'more downside' to U.S. economy as lower-income consumers struggle
1+ year, 3+ day ago (306+ words) Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat. The bank's data shows that "companies are in really great shape" and spending and debt repayment rates…...
'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record
3+ mon, 4+ week ago (317+ words) The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday's milestone, the CEO of Roundhill Investments told CNBC's "ETF Edge" the…...