company
Big Four accounting firm reported to have issued an unqualified opinion on Tether's 2025 financial statements, including a physical count of Tether's gold bars.
A $320 million Series H values the payments company at $11 billion on an autonomous-finance story. Its president says it is still "not the best time" for an IPO.
Reality
ThreatDown says the crime storefront Kriminal.ai is just Grok with the safety layer stripped off. That moves the control you depend on from your stack to someone else's.
Reality
The AI accounting startup raised $100mn led by ICONIQ and names Oracle, SAP, Workday, Microsoft and NetSuite as pre-AI relics. Its proof point is a finance team of three.
Reality
The appeals court held that FIRREA's succession clause does not give the FDIC a monopoly on claims arising from a failed bank, reviving a class action led by Sweden's AP7.
Reality
South Africa pulled a draft national AI policy over invented citations, and Deloitte refunded part of a A$440,000 report for the same defect. The failure was institutional, not personal.
Reality
Hillary Salo takes the FASB chair on July 1, 2027 through June 2034. She is the insider who helped build the current agenda, which tells reporting teams what to budget for.
Reality
Average programs run $2.3 million and 15,000 hours while 57% of internal audit functions hold headcount flat. The diligence is now about evidence layers, not demos.
Reality
A Big Four audit answers the backing question for $183 billion of USDT. It does not turn a $6.8 billion excess into a treasury-grade cushion.
Reality
A CESifo working paper randomised 12,365 French adults into four weeks of chatbot conversation. The talks rated more pleasant, while loneliness, life satisfaction and depressive affect all moved the wrong way.
Reality
Tether says KPMG issued an unqualified opinion on its 2025 financial statements, retiring the attestation era. What is left to argue about is what the audit actually covered.
Reality