Accenture's FBI breach proves that no government contract is too sensitive to fail

The FBI removed an Accenture contractor after a data breach exposed the personal details of thousands of bureau employees, a stunning security lapse at one of the most sensitive law enforcement agencies in the country.

For Accenture, whose entire government business rests on the promise of airtight security, a breach at the FBI is the worst possible advertisement, and the kind of incident that gives procurement officers at other agencies reason to pause.

Mattel's activist pressure reveals the Barbie moment was a one-hit wonder, not a turnaround

Ariel Investments and Southeastern Asset Management are simultaneously pushing Mattel's board toward a sale or merger, even as the toymaker's valuation still languishes well below what the Barbie film's success once suggested was possible.

When two serious investors are simultaneously calling for the company to explore selling itself, it signals that patience with management's go-it-alone strategy has run out.

Uber's $2.3 billion catering bet targets the one food delivery market it never cracked

Uber announced it is buying ezCater for $2.3 billion in cash, gaining access to a network of over 140,000 U.S. restaurants and a business where the average order tops $400, multiples above what a typical dinner delivery generates.

Workplace catering is a structurally more profitable corner of food delivery than consumer orders, and landing it gives Uber a foothold in a segment that has largely sat outside the app-based delivery wars.