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The Latest Breaking News from Deloitte

Aussies spend more on streaming but are watching less

Video streaming is changing how Australians are entertained, but a new report shows the nation may be past the peak of media consumption.

AAP

Passport to corruption: Hundreds of millions in DFAT contracts were rotten from the start

Dodgy and unethical behaviour in the Australian Passport Office cost taxpayers hundreds of millions. Why did DFAT try to keep it secret?

Crikey

The ‘big 4’ accounting firms often consult for the same clients they audit. Should that be allowed?

Public trust in the auditing profession is under intense pressure. A series of high-profile scandals, both in Australia and overseas, has severely damaged its reputation.

The Conversation

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read the most diverse news in one place.

3 Cybersecurity Stocks Defending Against Digital Threats

The demand for cybersecurity solutions is rising as digital threats and sophisticated cyberattacks continue to escalate. Therefore, it might be wise to keep track of cybersecurity stocks, CrowdStrike (CRWD), Palo Alto Networks (PANW), and Fortinet (FTNT), as they offer innovative solutions presenting further growth opportunities. Continue reading.

StockNews.com

AI-generated cyber threats have C-suite leaders on edge

The nature and scope of fraud is getting more complex.

Fortune

Deloitte cuts 250 UK jobs amid slowdown for consulting giants

A person familiar with the matter said the cuts are part of a ‘performance management’ process at the company.

Evening Standard

How To Give American Manufacturing A Makeover

America is now home to nearly 400,000 manufacturing facilities, an increase of 11% since 2019.

International Business Times

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The most powerful women on leading a future-proofed workforce, learning to fail, and Lizzo's next album

Day 1 of the premier event for women leaders convened in Laguna Niguel, Calif., with visits from singer Lizzo, Hollywood icon Cameron Diaz, and more.

Fortune

Gen Z cares more about their purpose at work than a paycheck

Leaders at Deloitte, Workday, Morgan Stanley, and Cushman & Wakefield chat about younger generations and the traits that matter most.

Fortune

The 100k+ club: High-earning women thank the sports of their childhoods

From soccer fields to the C-suite, there’s an unexpected power that emerges when girls play sports.

Fortune

European CFOs fear geopolitical risks more than peers in U.S.

Of over 1,300 European CFOs polled by Deloitte, only 2% said they didn’t expect their businesses to be impacted by geopolitics.

Fortune

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.

Top News

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The Guardian - US

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 Street

Veteran fund manager delivers startling S&P 500 warning

TheStreet Pro columnist reviews several factors currently at play in the market.

Fortune

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.

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Tom’s Guide

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

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

TechRadar

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.

Fortune

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.

International Business Times

'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.

The Texas Tribune

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.

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