CFOTrends

Google Finally Embraces Long-Term Hybrid Work
Google has finally embraced long-term hybrid work, paving the way for employees to have more flexibility. Google was one of the first major com...
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Verizon Media Sold to Apollo Funds
Following reports Verizon was exploring a sale of Yahoo and AOL, its Verizon Media business is being sold to Apollo Funds. Verizon purchased Ya...
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IBM Acquiring Turbonomic to Build Hybrid Cloud AIOps
IBM is continuing its breakneck pace of acquiring companies, with Turbonomic the latest acquisition. IBM is working to reinvent itself as a hyb...
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IBM Reports First Quarter Results, Beats Wall Street Expectations
IBM has beat Wall Street expectations, returning to revenue growth after four quarters of declines. IBM has been in the process of reinventing...
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Dell Will Spin-Off VMware in a $9 Billion Deal
Dell has announced plans to spin off VMware as a standalone company, in a deal expected to bring in $9 billion. VMware is a leading virtualizat...
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Affirm’s Debit Card Is The Anti-Credit Card, Says CEO
"It should not be called a credit card for sure in part because it's sort of the anti-credit card," says Affirm co-founder and CEO...
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Google Switching from Oracle Finance Software to SAP
Google is reportedly switching from Oracle finance software to SAP, with the move occurring in the next few weeks. Google made the announcement...
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Workday CEO: Digital Transformation To Be Faster Trend Out Of Pandemic
"Digital transformation will come out as a faster trend out of the pandemic," says Workday co-CEO Aneel Bhusri. "What's been interesting about the pandemic...
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Disney Accelerating Pivot To DTC-First Business Model
During yesterday's earnings call Disney CEO Bob Chapek said it has accelerated the comp...
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Reddit Hires Drew Vollero As First CFO On Road To IPO
Reddit has hired Andrew (Drew) Vollero as its first CFO as the company prepares to go public. Reddit has been steadily working towards an IPO,...
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Elon Musk Is Now ‘Technoking’
Elon Musk has officially dubbed himself 'Technoking of Tesla' and CFO Zach Kirkhorn is now 'Mas...
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Warren Buffett Admits $11 Billion Mistake
In his annual letter to Berkshire Hathaway shareholders, Warren Buffet admitted that he personally made a mistake that cost the company $11 billion. He sai...
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WSJ: Tripadvisor Adopting Hybrid Work Model
The pandemic and its accompanying restrictions on travel, business, and work, has caused company's to rethink business models going forward. In other words...
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ServiceNow CEO on “The Whole Point Of Digital Transformation”
"Business is really simple, and people are more productive, and they're doing things that can lead to growth and opportunity," says ServiceNow CEO Bill McD...
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Pandemic Reinvention Is Real For SMBs, Says Bill.com CEO
"I believe SMBs deserve innovation," says Bill.com CEO and founder Rene Lacarte. "That innovation that we focus on is around the digital processes that are...
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