Google Jamboard Used in Michigan Course-Sharing Program
Google has teamed with three liberal arts colleges in Michigan to test its new interactive video-conferencing product, Jamboard. The internet-connected 4K television promotes an interconnected experience among the three colleges during their pilot course-sharing program. Jamboard will allow students and instructors participating in the course-sharing to write and draw on the same whiteboard surface at the same time. Google plans to promote Jamboard to businesses but hopes educational institutions will adopt the technology. More on Jamboard is available on the Inside Higher Ed website.
FASB Revenue Standard Has Little Impact on Google’s Finances
After adopting the Financial Accounting Standards Board’s (“FASB”) revenue recognition standard one year before the 2018 effective date, Google is acknowledging that the standard has had little effect on its financial results. Google says that its recorded revenue for 2016 was $15 million less than it would have been if determined under the revenue rules prior to Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. Speaking on the matter at the June 27 Financial Executives International Conference in Philadelphia, Google’s Josh Paul said the revenue decrease seemed like a rounding error. Google’s director of technical accounting remarked that. Read More.