This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. The messenger's core team may be based in Dubai, but a former employee claimed during a recent court battle with the Durov that part of the development was being done in St. Petersburg,
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Waymo, the self-driving unit of Google parent Alphabet, has reached a deal with one of Detroit's Big Three automakers to dramatically expand its fleet of autonomous vehicles.
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On January 22, 2018, the SEC announced civil charges against six certified public accountants for their role in an alleged scheme to misappropriate confidential information from the Public Company Accounting Oversight Board (âPCAOBâ) relating to the PCAOB's planned inspections of an accounting
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The regulator said several areas of KPMG's work will be examined including the audit of the company's use and disclosure of the going concern basis of accounting, estimates and recognition of revenue on significant contracts, and accounting for pensions. The FRC added that it will conduct the
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The global retail group Steinhoff is reeling under allegations of accounting fraud. Since the allegations surfaced last year the CEO of the multi-billion-dollar business, Markus Jooste, has fallen on his sword and the company's stock has been hammered, at one point losing about 90% in market value in a
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