Business

China wants centralised digital currency after bitcoin crackdown

As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency—one that could allow the government and the central bank to see what people spend their money on, according to analysts.

Business

DoorDash breach exposes data of nearly 5 mn users

On-demand restaurant meal delivery service DoorDash on Thursday said a breach of its system exposed nearly five million customers, eateries and "Dashers" to a data breach.

Business

Facebook-backed Libra group pledges to 'reassure' regulators

The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project's leaders would aim to "reassure" regulators who have voiced mounting concern over the virtual money.

Business

General Motors auto workers call strike in US

The United Auto Workers union called a nationwide strike against General Motors Sunday, with some 46,000 members set to walk off the job beginning at midnight amid an impasse in contract talks.

Computer Sciences

Bots might prove harder to detect in 2020 elections

USC Information Sciences Institute (USC ISI) computer scientist, Emilio Ferrara, has new research indicating that bots or fake accounts enabled by artificial intelligence on social media have evolved and are now better able ...

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Accountability

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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