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Gross Profit vs. Net Profit: What Is the Difference?

Tech Republic

Learn about the differences between gross profit and net profit and how they contribute to understanding a company's financial performance.

.Net 92
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO Business Intelligence

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

.Net 128
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3 things CIOs must do now to accurately hit net-zero targets

CIO Business Intelligence

However, the latest and largest UNGC-Accenture CEO study revealed that 91% of CEOs report insufficient technology solutions as a barrier to seizing opportunities in the net-zero transition, building resilience in their organization, and overcoming current volatility in the business landscape.

.Net 105
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Financial IT leaders prep for a quantum-fueled future

CIO Business Intelligence

If there’s an industry steeped in computations, it’s the financial services sector. Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis.

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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

.Net 83
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Publicly traded cannabis fintech POSaBIT acquires three compliance software firms

GeekWire

(POSaBIT Photo) POSaBIT has reached a deal with Akerna to acquire three cannabis compliance companies in an all-cash deal, broadening the suite of software products it sells to marijuana merchants in the U.S. The Seattle-area financial tech business will pay $4 million to purchase MJ Platform , Leaf Data Systems , and Ample Organics.

Software 131
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. First, Dell’s financial results reflect a slowdown in PC demand, leading them to adjust their cost structure. Dell, Staff Management, Technology Industry

Dell 119