https://www.cnbc.com/2022/05/17/mastercard-launches-tech-that-lets-you-pay-with-your-face-or-hand.html
Task 2. Describe the following graph.
Task 3. Speak on the topic: Accountancy
Card №24
Task 1. Give the main idea of the text.
When Covid-19 began spreading and employees started working from home, enterprise automation provider Workato quickly released AutoPilot, four bots that remote workers could use to handle repetitive and monotonous administration tasks.
Helping customers adjust to the new reality of work while continuing business processes led Workato to double its customer base to 11,000 over the past year, adding companies like Nokia, Broadcom and Toast. Workato also quadrupled the workload per account, and more than tripled the number of customers’ automated business processes.
Workforce technology has been around for decades enabling the automation for various back-office processes. But it’s become an increasingly hot topic with a move toward enterprise-wide projects and use of new digital tools. Business managers are prioritizing the automation of repetitive office processes to speed up and streamline tasks, and lower costs to deal with labor shortages, supply disruptions, and sudden shifts in demand. Tapping software to automate processes digitally for such tasks as account payables, employee timesheets, and inventory data collection has been particularly useful for hybrid workplaces.
https://www.cnbc.com/2022/05/17/workato-disruptor-50.html
Task 2. Describe the following graph.
Task 3. Speak on the topic: Private Business Ownership
Card №25
Task 1. Give the main idea of the text.
Zoom founder Eric Yuan states that Zoom shares rose 16% in extended trading on Monday after the provider of video chat software reported better-than-expected first-quarter earnings and issued an upbeat forecast for the second period.
Zoom sailed past analysts’ earnings estimates for the quarter and gave profitability guidance for the current quarter and full year that were well above expectations. That shows the company is able to reduce costs as growth decelerates. Investors are looking for tech companies that can produce earnings as they move into stocks that can better withstand rising inflation and interest rates.
Heading into the report, Zoom had been a struggle for shareholders. After five straight quarters of triple-digit revenue growth during the pandemic, Zoom is now reckoning with dramatically slower expansion and a market correction that’s hammered stay-at-home stocks the most.
For the full fiscal year, Zoom expects revenue between $4.53 billion and $4.55 billion, versus the $4.55 billion analysts anticipated. It expects earnings between $3.70 and $3.77 per share, versus $3.53 analysts were expecting, according to Refinitiv.
https://www.cnbc.com/2022/05/23/zoom-pops-19percent-on-first-quarter-results.html
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