IT news in brief: Amazon makes a profit
The world's biggest internet bookseller has finally started to make a profit.
The world's biggest internet bookseller has finally started to make a profit.
Amazon reported a net profit of $5.09m (£3.61m) for the three months to 31 December, compared to a loss for the same quarter a year ago of $545.14m. The company made a loss for the full year of $567.3m but this was considerably less than the $1.41bn a year earlier. Turnover for the quarter was $1.12bn, up 15 per cent from $972m last time. Amazon said that more than 29% of its sales were made to international customers.
UK government computer systems have been targeted by hackers at least 85 times in the last five years, and over half of the attacks were made on the Ministry of Defence. The Lord Chancellor’s department has confirmed evidence of 19 incidents in the last five years, three by outsiders and 16 by internal staff. The figures were revealed in answers to parliamentary questions to Liberal Democrat MP Paul Burstow. Burstow also highlighted the problem of hardware theft. ‘Two thirds of all computer thefts are from the MoD. These new figures must give real cause for concern. Apart from the waste of taxpayers’ money, it suggests a casual approach to security,’ he said.
The numbers you crunch tell a story. Your expertis...
22yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleFrom achieving new efficiencies to improving accuracy and streamlining compliance, intelligent automation systems are helping accountancy practices ma...
View articleHMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...
View articleThe shift to cloud-based accounting marks a significant transformation, enhancing efficiency, collaboration, and data security, and setting new standa...
View articleThe key question facing finance leaders is not about whether they should be strengthening their digital capabilities. That is settled. At AICPA & ...
View articleEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOn February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...
View articleThe findings from the Azets Barometer January 2024 survey highlight a concerning ‘blind spot’ in the cyber security posture of UK business...
View articleThe collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...
View article