Contracts

BlackRock Pioneers Municipal Bonds with Blockchain-Backed ETF

4 days ago

In a groundbreaking move within the financial sector, BlackRock has officially made its debut in the municipal bonds market through a newly launched exchange-traded fund (ETF) that utilizes blockchain technology. This innovative approach not only aims to streamline the trading process but also sets a significant precedent for how municipal bonds can be issued and managed in the future.

Expanding Investigation: SAP and Carahsoft Under Scrutiny for Deals with Almost 100 Government Agencies

3 months ago

The investigation into the dealings of software giant SAP SE and its public-sector reseller, Carahsoft Technology Corp., with U.S. government agencies has dramatically widened in a growing controversy. Federal audits of the partnerships, to examine questions of procurement practices, transparency, and compliance, have now expanded to nearly 100 agencies, according to sources familiar with the probe.

FBI Raids Big Tech Software Vendor Carahsoft in Virginia

3 months ago

In a serious turn of events affecting the IT sector, prominent software seller Carahsoft Technology Corp. faced an FBI raid at its headquarters in Virginia. The company provides a wide range of software and information technology solutions to many government agencies and has, therefore, found itself at the center of a federal investigation into possible wrongdoing.