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The Latest Breaking News from Deloitte

What France’s ‘McKinsey Gate’ scandal revealed about the four major types of consulting’s conflicts of interests

McKinsey & Company and other consulting firms have long faced criticisms for their involvement with governments. Investigative journalists and academics alike have flagged their growing influence, citing cases like the staggering expenses of up to £1 million per day on private consultants for the UK’s Covid-19 Test-and-Trace service, or the…

The Conversation

Lt. Gov. Dan Patrick says Legislature will review Deloitte’s contracts after public loan project scandal

The examination of Deloitte’s existing contracts comes after it failed to catch red flags in a company’s application for a loan to build or upgrade power plants in the state.

The Texas Tribune

Trump Allies Target Deloitte Over Leaked Private Messages

Deloitte faces backlash from Trump allies over leaked messages criticizing Trump's economic agenda, raising questions about privacy and political pressures.

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Trump allies threaten Deloitte contracts after employee leaks Vance comments

Donald Trump Jr leads charge to penalize consultancy firm after critical messages about his father were made public

The Guardian - US

WNBA commissioner Cathy Engelbert is leading the league to historic highs. Critics wonder if she's fully seizing the moment

As the WNBA's banner season wraps up, Engelbert faces more pressure than ever.

Fortune

AI will radically change every job in the next year, Indeed CEO says

AI isn't a fad like blockchain or the metaverse, says Hyams. It will have as much impact on business as the birth of the World Wide Web.

Fortune

It's official: Opera VPN does not log your data

Opera has proven that its free VPN does not log or store user data

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OperaVPN never logs your activities, independent auditors confirm

Opera VPN is built directly into the browser apps and doesn't require registration. Yet, a strict no-log policy is crucial for a VPN.

TechRadar

From Deloitte CEO to WNBA commissioner: Inside Cathy Engelbert’s daily routine

Cathy Engelbert worked at Big Four firm Deloitte for 33 years.

Fortune

Just 12% of CFOs think it's a time for risk as U.S. election nears

Deloitte's CFO survey delves into the concerns of finance chiefs.

Fortune

Trans+ employees are not alone in bearing the burden of bigotry—it costs employers, too

As Fortune focuses on the most successful businesses led by queer people, here's what it’s like to exist as a transgender person in business today.

Fortune

'Central Bank Bitcoin'? Coinbase's $cbBTC Token Triggers Bitcoiner Uproar

The cbBTC is only a few days old, but it is already under fire for concerns related to proof of reserves, audits, and possibly, even a government seizure.

International Business Times

Texas lawmakers question agency's ability to oversee $5 billion energy loan program after initial glitch

Lawmakers tasked the Public Utility Commission with overseeing the Texas Energy Fund, though the agency has no experience running a loan program.

The Texas Tribune

Santander to insist UK workers are in office three days a week

About 1,000 of those affected work in London and 4,500 at the bank’s new Milton Keynes headquarters

The Guardian - UK

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Fortune

Deloitte-run Medicaid systems are riddled with glitches that can cost millions and take years to fix

Medicaid beneficiaries risk losing access to health care and food due to error-prone state eligibility systems.

Fortune

Billionaire Autonomy cofounder Mike Lynch’s and Stephen Chamberlain’s careers were intertwined for years in a fraud trial. Then they died on the same day miles apart

Mike Lynch and Stephen Chamberlain were codefendants in a U.S. fraud trial. Here’s what we know about Chamberlain in the years preceding his death in the U.K., on the same day as Lynch’s yacht disaster in Italy.

The Guardian - UK

PwC expecting six-month China ban over Evergrande audit

Company tells clients it also expects to receive a large fine following property developer’s collapse

StockNews.com

3 Cloud Security Stocks Benefiting from Remote Work Trends

As remote work becomes increasingly prevalent, ensuring robust cloud security is more critical than ever. The surge in cyber threats highlights the need for reliable protection, making it an opportune moment for investors to consider robust cloud security stocks Tenable Holdings (TENB), Trend Micro (TMICY), and Darktrace (DRKTY). Read on….

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TV Tech

M&E’s Embrace of AI Dampens Potential for Damage Mitigation

Amid the hype, industry struggles to establish guidance and guardrails

AAP

Diggers count losses on battery minerals, gold shines

Mining bosses and investors gathering in an outback city are counting their losses as the decarbonisation and battery minerals bubble bursts.

The Conversation

Artificial intelligence is taking the consulting industry by storm – should we be concerned?

Artificial intelligence (AI) is enjoying a long moment in the spotlight. But debate continues over whether it’s a “shortcut to utopia” or possible harbinger of the end of the world.

Fortune

Kellanova's CEO talks about the snap, crackle, and pop it takes to lead a global snacking business

Plus, the results are in from the latest Fortune/Deloitte CEO Survey.

AAP

Help on its way for Rex despite 'flawed' expansion

A taxpayer-funded lifeline for Rex Airlines looks increasingly likely as the Albanese government highlights the carrier's "absolutely vital" regional presence.

AAP

Rex Airlines enters voluntary administration

Rex Airlines has gone into voluntary administration and cancelled all flights between major airports.

AAP

Airline's future up in the air as shares frozen

Rex Airlines has halted trade of its shares following a turbulent period in the boardroom amid rumours consultants were called in to engineer a smooth landing.

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