CFOTrends

Uber CEO Reveals Formula To Profitability

“Scale is the primary driver toward profitability,” says Uber CEO Dara Khosrowshahi. “It’s getting big. We’ve got over a billion rides per quarter and we’ve got trips growing at 35 percent on a year on year basis. It’s a combination of growing top-line over 35 percent, technology innovation to delight the customer and take costs […]

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Disney Takes a Playbook Out of Digitally Native Companies

“All of a sudden people are realizing that Disney is going to take the advantages that they have, content that nobody else has, moats that give them actual real leverage in the negotiations, and then they’re going to actually take a playbook out of these more digitally native companies,” says Sean Ammirati of Birchmere Ventures.

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Future of Fintech is Cloud, AI, Blockchain, IoT, 6G, and Quantum Computing, Says KPMG

The future of fintech is cloud, AI, blockchain, IoT, 6G and quantum computing, says Anton Ruddenklau, Global Co‐leader of FinTech at KPMG. Those are the technologies that are fueling the digital transformation and will be central to financial services in the UK and the world going forward. Anton Ruddenklau, Global Co‐leader of FinTech at KPMG

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Companies Using AI to Identify Expense Report Fraud, Says AppZen CEO

AppZen has released a report, The State of AI in Business Spend, which shows that enterprise companies are only auditing 10 percent of employee expenses in expense reports submitted, which makes it very unlikely they will catch mistakes or even outright fraud. The report, which used anonymized data from hundreds of companies, found that companies

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Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO

“Our view is that the commercialization of autonomous driving for passenger vehicles will probably take a bit longer than people would think,” says Richard Zhang, CFO of Full Truck Alliance. “We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car

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