KPMG Australia's audit scandal erodes trust, risks losing $270M in government contracts, and highlights systemic issues in audit integrity.
The post KPMG Australia chairman and two partners resign amid audit scandal appeared first on Crypto Briefing.
Spending on government contracts with tech firms that use AI-powered tools to track immigrants has soared to record levels under Trump 2.0, report says
A new report sheds light on the unprecedented growth of the US government’s immigration surveillance arsenal, revealing fresh details about how spending on technology and AI tools to find and track migrants has soared to record levels during Donald Trump’s second term.
The report, released this week, analyzed US Immigration and Customs Enforcement (ICE) and Customs and Border Patrol (CBP) contracts with 11 companies the authors said provide surveillance tech. They found the money awarded to these firms doubled from 2024 to 2025, to just over $310m – and in 2026, that number soared to a record $513m.
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KPMG's leadership crisis and client fallout highlight the growing trust issues facing Big Four firms, impacting their market credibility.
The post KPMG Australia chair and partners exit amid restructuring following whistleblower allegations appeared first on Crypto Briefing.
BYD's ambitious growth strategy could reshape global auto industry dynamics, challenging established players and influencing market competition.
The post BYD chairman aims for company to become world’s largest automaker in 5 years appeared first on Crypto Briefing.
May 20 ZRO unlock released ~25.71M to partners and contributors. LayerZero enables paying message fees in ZRO. Price fell ~19% over 14 days post‑event.
Helios could revolutionize space travel by drastically reducing costs and increasing payload capacity to the moon and Mars.
The post Tom Mueller: Mira’s precision maneuvering capabilities, Helios’ cost-effective satellite transport, and the shift towards government contracts in space tech | TWIST appeared first on Crypto Briefing.
Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]
Enterprise IT leaders have always struggled with AI pricing, especially the need to pay for AI in a way that delivers ROI. But the typical IT exec may not be right person to decide how a company uses AI — and how it tries to deliver ROI — because so many line-of-business workers and partners are now experimenting with the technology on their own.
And if IT leaders don’t have a grip on how they want to use AI over the next year or two, it’s impossible to figure out how they want to pay for it. They likely hate the current method of paying per token. And other options, such as SAP’s push to charge per AI task completed, aren’t any better.
To use a sales analogy, IT doesn’t want to pay a lot of money for leads, because there’s no way to know if those leads will generate any revenue — let alone how much. What IT leaders want is the tech equivalent of paying commission, where they only pay when a lead converts into a paying customer. And even then, they only pay a percentage of the final s
The NVIDIA AI Cloud ecosystem is accelerating the global buildout of AI factory infrastructure. Partners are expanding capacity to meet growing demand from enterprises, startups, nations, AI labs and developers scaling agentic AI applications. NVIDIA AI Clouds are a growing ecosystem of purpose-built clouds serving the exploding token demand behind today’s most popular AI applications. […]
