Xero followed many other conference sponsors this week in calling off Xerocon London. The decision was announced on Twitter by Gary Turner, managing director of Xero U.K. and EMEA. 

Cloud-based computing provides more security than their own company data centers do, according to 75 percent of information technology professionals responding to the recently released Oracle and KPMG Cloud Theft report. The survey also found businesses are using an almost bewildering number of products to provide security.

The extension of the income tax filing season  from April 15 to July 15 removed a chunk of revenue from Intuit’s results for the third quarter ended April 30. Consumer tax revenue was off by 15 percent and professional tax revenue by 17.8 percent.