There will be little New Year's Eve celebrating but perhaps a lot of morning-after hangovers for U.S. businesses that haven't begun preparing for ASC 606, the Financial Accounting Standards Board's new rules about revenue recognition. They are set to go into effect on Jan. 1, 2018. The change is hard to do. Even though the effective date for revenue recognition is just months away, 60 percent of public companies said they were facing challenges staying "on track," according to a recent report...
Apple and General Electric on Wednesday announced a new SDK for iOS that enables developers to create applications for Predix, an Internet of Things platform made by GE. Applications developed with the new SDK could give industrial operators more insight and visibility into the performance of their ...
At least 127 U.S. companies -- including Apple, Facebook, Twitter, Google, Intel and other tech giants -- filed a friend of the court brief in a lawsuit the state of Washington brought against President Trump, which argues that his executive order to halt the entry of refugees and all travelers fro...
A vulnerability in inexpensive wireless keyboards lets hackers steal private data, Bastille reported this week. The vulnerability lets hackers use a new attack the firm dubbed "KeySniffer" to eavesdrop on and capture every keystroke typed from up to 250 feet away. The stolen data is rendered in clea...
Amazon on Tuesday announced a wide expansion of its Dash Button on-touch retail sales program, despite indications of relatively low acceptance among its key base of Prime customers. The company added more than 50 retail products to its lineup of Dash thumb-drive size buttons, which let consumers re...
The idea that software is eating the world has become a generally accepted dictum. Everywhere you look, industries and institutions are being disrupted by the unprecedented power of software. Now, the world is demanding a new way to develop software to keep pace with the pace of disruption. The grea...
Amazon last week announced that it had increased to more than 100 the number of Dash buttons Prime users can install in their homes to replenish supplies of common household goods. Dash buttons, which essentially are free for Amazon Prime members, are connected devices that link to a customer's acco...
General Electric made some important news last week, when it announced it was leaving the finance industry. It attributed its decision to recent changes that it characterized as less cyclical and more transformational. At the same time, GE is focused on newer ideas like its "Industrial Internet." If...
With millions of active monthly users, Instagram is a prolific, lively social media community. Businesses want to get in on the Instagram game in order to boost marketing and enhance customer relations. It might not be immediately obvious to some businesses, however, just how they can get involved w...
Apple grew from a small Microsoft competitor in the 1990s, to the tech giant of the 2000s. However, since Steve Jobs' passing a few short years ago, Apple has changed. At the same time, the industry has changed. Today, Google and Samsung offer strong competition. Apple now has to do something it nev...
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