The Financial Accounting Standards Board (FASB) has introduced new requirements for income tax disclosures under Accounting Standards Update (ASU) 2023-09. This update mandates detailed reporting on effective tax rates and cash income taxes paid, aiming to enhance global tax fairness and
David S. Goyer, the acclaimed screenwriter known for his contributions to the “Blade” films and “The Dark Knight” trilogy, is embarking on a groundbreaking venture with his latest project, "Emergence." This innovative storytelling endeavor is set to make its debut on Incention, a new platf
The privacy and cybersecurity landscape underwent significant changes in 2024, as global and regional regulatory bodies grappled with the implications of rapid technological advancements, particularly the exponential rise in the adoption of artificial intelligence (AI). With AI tools becoming
When PayPal faced a significant cybersecurity breach between October and November 2022, the implications were severe enough to warrant a $2 million fine from New York State's Department of Financial Services (NYDFS). The breach exposed sensitive customer information, including Social Security
Imagine a world where every transaction is transparent, verifiable, and immune to tampering. This is the promise of blockchain technology, and it raises a crucial question: could this revolutionary technology be the key to making FIFA, the governing body of international football, more transparent
Elon Musk’s exploration of blockchain technology through an initiative dubbed DOGE (Department of Government Efficiency) aims to enhance efficiency within the US government. This initiative is part of a broader effort by the Trump administration to foster the digital asset industry and modernize f
