Bill Gates Behind Next-Generation Nuclear Plant

The new plant could be in operation as early as 2029. 

By Rick Richardson
Technology This Week

Even by Wyoming standards, Kemmerer is far away – it’s a 50-mile diversion from Interstate 80.

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It draws tourists who stop by to look for local fossils, even though its elevation is higher than its population. However, different types of fossils, or fossil fuels, produce the best jobs. Three power plants are powered by a coal mine and gas wells, which together employ around 450 people. However, Kemmerer officials see the writing on the wall with the declining use of fossil fuel and all the efforts to migrate to cleaner energy.
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Calculate Your Business Relationship Ratios

Two women standing, laughing, looking at laptop one is holding, other holds takeout coffee cup

Is 3:1 good enough? It depends.

By Sandi Leyva
The Complete Guide to Marketing for Tax & Accounting Firms

Here’s a quick exercise: Choose any person in your work life or personal life. Now think back to last few interactions you had with that person. Recall what was said and classify your list into two groups.

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What interactions, comments and questions did you have with your chosen person that were negative? Here are some examples of things that are in the “negative” group:
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Your Boarding Pass Could Onboard Hackers

While it may make a cute vacay pic, posting on social could give hackers all they need to rip you off.

By Rick Richardson
Technology This Week

Any pictures of your boarding pass should be excluded when choosing which travel photos to share on social media.

The documents may appear to be nothing more than travel souvenirs outside of their primary use at the airport, but they are much more informative than many travelers realize.

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If cybercriminals can get a picture of a boarding pass, they can exploit travelers in several ways.

Even while the information on the documents appears to be sparse, bad actors “can very easily bring up the rest of the things they need to know about you from public records, like your date of birth, your address, your phone number, or your email address,” according to Amir Tarighat, CEO of cybersecurity company Agency.

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What Can ChatGPT Do for Accounting Professionals?

The dawning of new technologies is usually daunting, but this is one we should all be excited to try.

By Sandi Leyva
The Complete Guide to Marketing for Tax & Accounting Firms

ChatGPT has been in the news almost daily. It’s the latest “hot” technology. You might be wondering what’s so great about it, i.e., what can it do for accountants?

 

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When we answer that question, we really need to answer a couple of questions. First, what can it not do, or what shouldn’t we use it for? And second, what tasks are safe or low-risk that we can use it for to increase our productivity?

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First, we’ll look at what not to use ChatGPT for and then we’ll look at what you should be using it for. Last, we’ll examine two rules to follow when using ChatGPT.
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Generative AI Coming to Microsoft 365

 

Microsoft is putting a lot of eggs – $10 billion – in the OpenAI basket.

By Rick Richardson
Technology This Week

Microsoft has recently dominated the tech news cycle as a result of its $10 billion investment in OpenAI, the company that created ChatGPT, and a flurry of new products like Bing Chat. The Redmond behemoth isn’t done either; it’s getting ready to introduce a brand-new AI-powered assistant to its office suite.

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Dubbed Microsoft 365 Copilot, the feature will automate tasks like writing emails, summarizing meetings and even making beautiful PowerPoint presentations. Even though it all seems too good to be true, Microsoft’s initial demos show promise.

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Congress: Tax Prep Companies Shared Private Data with Google, Meta for Years

Former FTC chief says this data breach is a “five-alarm fire.”

By Rick Richardson
Technology This Week

A seven-month congressional investigation found that three of the biggest tax preparation firms in the country may have shared Americans’ private financial information with Google and Meta for years in a possible violation of federal law. The information, in some cases, was used for targeted advertising.

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The investigation’s findings reveal a “five-alarm fire” for taxpayer privacy that, according to legal experts, could result in public and private lawsuits, criminal penalties or even a “mortal blow” for some major industry players like TaxSlayer, H&R Block and TaxAct.

“On a scale from one to 10, this is a 15 … This is as great as any privacy breach that I’ve seen other than exploiting kids. This is a five-alarm fire if what we know about this so far is true.”

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The First Police Officer on the Scene Might Be a Drone

The robocops can de-escalate situations and save lives.

By Rick Richardson
Technology This Week

In the posh seaside town of Santa Monica, California, when someone dials 911 for police, a drone is instantly launched from the station’s roof.

Officers also respond. However, most of the time, the drone arrives first, flying directly to a set of GPS coordinates the controller entered. Sometimes, it arrives in less than 30 seconds.

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“It’s a fundamental change in the way that we can bring policing services to our city,” said Peter Lashley, a veteran of the force who often pilots the drone from a screen-filled command center inside the police station.
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