startup Archives - The Industry Spread

KPMG Paying $50 Million Penalty for Illicit Use of PCAOB Data and Cheating on Training Exams

June 23, 2019

The Securities and Exchange Commission today charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the Public Company Accounting Oversight Board (PCAOB).  The SEC’s order also finds that numerous KPMG audit professionals cheated on internal training exams by improperly sharing answers and manipulating test results. 

SET and Microsoft Join Hands to Expand LiVE Platform as Thailand’s First Startup Information Center

June 19, 2019

The Stock Exchange of Thailand (SET) has jointly joined forces with Microsoft (Thailand) to scale up LiVE platform to “Virtual Pitching Platform”, an integrated startup information center for small and medium-sized enterprises (SMEs), startups, and social enterprises (SEs) to pitch their business plan online to investors, enabling Thai entrepreneurs to grow globally. LiVE platform, which comes on stream today, also connects to other alliances to strengthen and connect the startup ecosystem.

Euronext’s Commcise Launches Investment Research Platform

June 11, 2019

Commcise has launched its cloud-based investment research platform COMMCISECS to support client strategy teams within the research provider community, who can now use the solution to review, price and publish research event interactions and analyze asset manager clients’ profitability using its flexible pricing and costing engine.

SEC Charges Former CEO of Silicon Valley Startup With Defrauding Investors

April 5, 2019

The Securities and Exchange Commission today charged the founder and former chief executive of a Silicon Valley startup with defrauding investors in Jumio Inc., a private mobile payments company. The former CEO, Daniel Mattes, agreed to pay more than $17 million to settle the charges.