Wednesday, December 21, 2022

In a Twitter Space, Elon Musk says he expects Twitter to "be okay" next year after cost cutting, claiming the company was on course to spend ~$5B in 2023 (Hannah Murphy/Financial Times)

Hannah Murphy / Financial Times:
In a Twitter Space, Elon Musk says he expects Twitter to “be okay” next year after cost cutting, claiming the company was on course to spend ~$5B in 2023  —  Social network's owner offers snapshot of dire finances to explain huge lay-offs since $44bn takeover



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UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)

Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...