Apple has cut dozens of jobs within its sales organization as part of a restructuring effort aimed at streamlining how it sells to businesses, schools, and government agencies. Employees were informed over recent weeks, though Apple didn’t disclose the exact number of roles eliminated. The cuts affected account managers, briefing center staff, and even longtime…

A cyberattack on tech vendor SitusAMC may have exposed client data for JPMorgan Chase, Citi, Morgan Stanley, and others, the New York Times has reported. The November 12 breach affected corporate data including accounting documents and legal contracts. SitusAMC CEO Michael Franco said customer data may also have been impacted, but the breach did not…

A global survey of 213 internal audit leaders by AuditBoard has revealed the profession is under acute strain, challenged by stagnant resources, the rapid rise of AI, and a persistent identity crisis. Despite the belief that AI will transform internal audit within five years, only 28% of leaders feel confident in their teams’ ability to…

A report by Omega Systems reveals that 53% of chief financial officers in the financial services sector view keeping up with evolving cybersecurity regulations as a top concern, but many firms are hindered by legacy systems, limited budgets, and slow breach response times. Half still rely on outdated or on-premise infrastructure, and over one-third admit…

Microsoft has introduced Agent 365, a management platform for businesses to oversee artificial intelligence agents – automated programs that are expected to reach 1.3bn in use by 2028. The tool allows IT staff to monitor, secure, and control AI agents across platforms including Microsoft and Salesforce. Agents can be quarantined if they misbehave or pose…

Amazon has raised $15bn in its first U.S. dollar bond offering in three years, with the proceeds to be used on capital expenditures, debt repayments, acquisitions, and share buybacks. Amazon has been spending more on artificial intelligence, with its expenditures expected to total $125bn this year.