Business
Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails.
Jul 1, 2022
1
22
Security
We use internet-connected devices to access our bank accounts, keep our transport systems moving, communicate with our colleagues, listen to music, undertake commercially sensitive tasks—and order pizza. Digital security ...
May 27, 2022
0
22
Business
Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary "hold," raising fresh doubts about whether he'll proceed with the $44 billion acquisition.
May 13, 2022
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3
Internet
Big tech companies like Google and Facebook parent Meta would have to comply with tough British rules under a new digital watchdog aimed at giving consumers more choice online—or face the threat of big fines.
May 6, 2022
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7
Business
As Twitter's newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he'd like to see on the social media platform.
Apr 11, 2022
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18
Security
It's a crime that siphons untold billions from the economy—but many people have never heard of it.
Apr 9, 2022
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29
Internet
Facebook owner Meta gave user information to hackers who pretended to be law enforcement officials last year, a company source said Wednesday, highlighting the risks of a measure used in urgent cases.
Mar 31, 2022
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4
Business
US President Joe Biden has ordered the federal government to look into creating a digital dollar, a move with the potential to reshape how money is moved and used around the world.
Mar 10, 2022
1
8
Business
The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to know who they were.
Feb 18, 2022
1
14
Business
Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...
Feb 10, 2022
0
4
Accountability is the concept in ethics and governance with several meanings. It is often used synonymously with such concepts as responsibility, answerability, blameworthiness, liability, and other terms associated with the expectation of account-giving. As an aspect of governance, it has been central to discussions related to problems in the public sector, nonprofit and private (corporate) worlds. In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences.
As a term related to governance, accountability has been difficult to define. It is frequently described as an account-giving relationship between individuals, e.g. "A is accountable to B when A is obliged to inform B about A’s (past or future) actions and decisions, to justify them, and to suffer punishment in the case of eventual misconduct". Accountability cannot exist without proper accounting practices; in other words, an absence of accounting means an absence of accountability.
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