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Big Tech's $1.1 Trillion Cloud Computing Backlog

Slashdot.org - Fri, 02/06/2026 - 12:50
An anonymous reader shares a report: Amazon, Google, and Microsoft each reported hundreds of billions in RPO (remaining performance obligations) -- signed contracts for cloud computing services that can't yet be filled and haven't yet hit the books. Collectively, the big three cloud providers reported a $1.1 trillion backlog of revenue.

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KPMG Pressed Its Auditor To Pass on AI Cost Savings

Slashdot.org - Fri, 02/06/2026 - 11:31
An anonymous reader shares a report: KPMG, one of the world's largest auditors of public and private companies, negotiated lower fees from its own accountant by arguing that AI will make it cheaper to do the work, according to people familiar with the matter. The Big Four firm told its auditor, Grant Thornton UK, it should pass on cost savings from the rollout of AI and threatened to find a new accountant if it did not agree to a significant fee reduction, the people said. The discussions last year came amid an industry-wide debate about the impact of new technology on audit firms' business and traditional pricing models. Firms have invested heavily in AI to speed up the planning of audits and automate routine tasks, but it is not yet clear if this will generate savings that are passed on to clients. Grant Thornton is auditor to KPMG International, the UK-based umbrella organisation that co-ordinates the work of KPMG's independent, locally owned partnerships around the world. Talks with Grant Thornton were led by Michaela Peisger, a longtime audit partner and executive from KPMG's German member firm, who became KPMG International's chief financial officer at the beginning of 2025.

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The Bizarre Enhancement Claims Rocking Ski Jumping

Slashdot.org - Fri, 02/06/2026 - 10:34
German newspaper Bild reported in January that some ski jumpers have been injecting their penises with hyaluronic acid ahead of the Milan Cortina Winter Olympics -- the theory being that temporarily enlarged genitalia would yield looser-fitting suits when measured by 3D scanners, and those looser suits could act like sails to produce longer jumps. A study published last October in the scientific journal Frontiers found that a 2cm suit change translated to an extra 5.8 metres in jump distance. No specific athletes have been accused. The World Anti-Doping Agency said Thursday it would investigate if presented with evidence, noting its powers extend to banning practices that violate the "spirit of sport." The claims arrive as ski jumping already faces scrutiny -- two Norwegian coaches and an equipment manager received 18-month bans in January for illegally manipulating suit stitching.

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