Tag Archives: business

Software changes business accounting

By | March 10, 2017

A good accountant is hard to find. Some companies are avoiding the search by replacing human bean counters with computer software. The increasing use of software is also changing how students and schools are approaching accounting education, according to Cathy Shakespeare, faculty director for the masters of accounting program at U-M. She said basic bookkeeping skills are becoming… Read More »

Fixing digital discrimination

By | March 8, 2017

Recent research suggests that racial bias can have a measurable impact on internet-based, sharing services like Airbnb. For example, a 2014 study from the Harvard Business School revealed that non-black Airbnb hosts can charge 12 percent more than black hosts for a similar property. To curb discriminatory practices, the study authors recommend concealing basic information, such as photos and names, until… Read More »

New models of online education

By | March 8, 2017

Scott DeRue, dean of the Ross School of Business, thinks higher ed needs a new business model. DeRue’s vision is akin to Spotify’s offering to music fans, with users able to download lectures and teaching material for a small subscription fee. The dean is relaxed about giving away some teaching material for free as now happens with MOOCs. However,… Read More »

Clinc raises venture capital

By | February 24, 2017

Ann Arbor-based Clinc Inc., an artificial-intelligence startup co-founded by U-M research professors Jason Mars and Lingjia Tang announced earlier this week that it has raised a funding round of $6.3 million. That follows a seed-stage round six months ago of $1.2 million for the company, which was founded in 2015. The investment followed a well-received appearance by Clinc at the Consumers Electronic… Read More »

Yahoo under fire

By | January 23, 2017

Back in December, Yahoo came under renewed scrutiny after disclosing the largest known data breach in history, prompting Verizon Communications to demand better terms for its planned purchase of Yahoo’s internet business. According to Erik Gordon, a professor at the Ross School of Business, renegotiating the deal’s price tag would be the simplest but also least likely scenario… Read More »