Internet

With Twitter in chaos, some ways to protect your account

Twitter is in chaos. Elon Musk, its new owner, has decimated its staff and this week gave those remaining an ultimatum—work grueling hours and be "extremely hardcore " or leave. Hundreds chose the latter and headed for ...

Business

Size, scope of FTX failure gets clearer as users fear worst

Just days after cryptocurrency's third-largest exchange collapsed, the public is starting to get an idea of how messy FTX's bankruptcy case could be. Other crypto firms are failing as a result of FTX's unraveling, events ...

Business

Twitter Blue signups unavailable after raft of fake accounts

Twitter's relaunched premium service—which grants blue-check "verification" labels to anyone willing to pay $8 a month—was unavailable Friday after the social media platform was flooded by a wave of imposter accounts ...

Internet

Twitter's blue check: Vital verification or status symbol?

The story of Twitter's blue checkmarks—a simple verification system that's come to be viewed as an elite status symbol—began with some high-profile impersonations, just as the site began taking off in 2008 and '09.

Business

Netflix tests another way to charge for password sharing

Netflix Inc. will ask customers in five Latin America countries to pay a fee if they want to use their account in an additional home, a test the company hopes will generate additional revenue by getting customers to pay to ...

Business

What's the potential of blockchain technology?

Robert Brunner is the associate dean for innovation and chief disruption officer at the Gies College of Business at the University of Illinois Urbana-Champaign, where he helped spearhead efforts to create iBlock, the first ...

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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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