Wed.Dec 13, 2023

article thumbnail

What’s next for Texts.com under new owner Automattic, as Apple cracks down on rival Beeper

TechCrunch: M&A

What’s next for Texts.com? The all-in-one messaging app was acquired this fall by WordPress.com owner Automattic for $50 million, marking the company’s first official expansion into the world of private messaging — outside of its startup investments, at least, which have included Apple’s recent foe Beeper and Element, a Matrix-powered app.

article thumbnail

Luxury powerhouses turn to M&A amid slowing sales

JD Supra: Mergers

Declining consumer spending power is driving down revenues and pushing luxury firms to seek new avenues for growth - Slowing economic growth, hampered by stubborn inflation, has inhibited consumer confidence across the globe. The World Trade Organization recently halved its global trade growth forecast, citing persistently high interest rates and declining consumer spending power across the US, Europe and Asia.

M&A 201
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stocks Rally and Bond Yields Slide as Fed Signals Rate Cuts in 2024

The New York Times: Banking

The Fed’s rate increases since March 2022 have sent shock waves through financial markets, raising borrowing costs on things like mortgages and government debt and weighing on the stock market.

Stock 143
article thumbnail

Global M&A Insights Deal-making predictions for 2024

JD Supra: Mergers

Welcome to our year-end edition of M&A Insights, where we preview some of the themes we expect to shape deal-making over the next 12 months. Continued volatility in the debt markets has resulted in another subdued year for M&A, with global deal value and volume down 33% and 18% respectively compared with 2022. However, Q2 was the strongest quarter for M&A in 12 months – and October the biggest month by value and volume since May 2022 – as inflationary pressures finally started to rec

M&A 188
article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Here are Wednesday's biggest analyst calls: Tesla, Apple, Amazon, Microsoft, Ferrari, Roblox, Disney & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

133
133

More Trending

article thumbnail

Goldman names its favorite retail stock and others it likes in 2024

CNBC: Investing

Goldman expects retailers such as Target to offset pricing pressure with market share gains and more sales.

Retail 133
article thumbnail

Global M&A Activity Endures Headwinds in 2023 and Displays Resilience Going Into 2024

JD Supra: Mergers

Key Points - - While interest rates, uncertainty and other factors negatively impacted deal activity in 2023, we saw a steady flow of carve-outs, spin-offs and joint ventures that offered creative ways to achieve strategic goals. - Financial sponsors remained active, though at reduced levels, using larger equity contributions, seller rollovers and alternative forms of financing to navigate tighter and more costly financing markets.

M&A 171
article thumbnail

Hedge funds are betting big against these stocks, doubting their comeback is for real

CNBC: Investing

As stocks embarked on a rally six weeks ago, investors hiked their short bets on a handful of stocks in late November.

Stock 128
article thumbnail

Getting deals done despite the odds

JD Supra: Mergers

M&A, debt finance and investment fund actors seek alternative routes to dealmaking in the face of a dim macroeconomic outlook - The past two years have witnessed significant geopolitical fracturing and macroeconomic difficulties that continue to hamper certain dealmaking. Several sectors have posted transactional lows throughout 2023, and persistent inflation and high interest rates look set to remain in place for now.

Debt 171
article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

article thumbnail

HSBC says S&P 500 to reach 5,000 next year, but could rally even more in a soft landing

CNBC: Investing

The bank's expected level implies a nearly 8% gain.

S&P 128
article thumbnail

Del. Chancery Says Duty of Disclosure Extends to Stockholders from Whom Consent Isn’t Sought

Deal Lawyers

Earlier this year, Meredith blogged about the Delaware Chancery Court’s decision in New Enterprise Associates 14, L.P. v. Rich, (Del. Ch.; 5/23). That blog dealt with the portion of Vice Chancellor Laster’s opinion that focused on the enforceability of a stockholder’s covenant not to sue.

124
124
article thumbnail

The yield you’re earning will cool in 2024. Here’s how much you should stash in cash

CNBC: Investing

Investors should start locking in longer-dated yields, but what's the base amount you should keep in liquid cash?

Investors 123
article thumbnail

(20)24 x 7 Tech Trends: AI Readiness, Adoption and Integration

Cisco: M&A

Technology continues to evolve at an unprecedented pace and predictions about coming trends are always a topic of debate – what’s real, what’s hype.

105
105
article thumbnail

Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

If you can't build the next Ozempic, buy it: Where M&A could be heading in the obesity drug space

CNBC: Investing

Investors are contemplating where and when the next big obesity drug deal will occur.

M&A 123
article thumbnail

Building inclusive AI will accelerate innovation

Cisco: M&A

This post was authored by Mary Fernandez, Cisco global lead for disability and neuro-inclusion.

article thumbnail

Buy these stocks that have solid footing heading into the new year, Trivariate says

CNBC: Investing

These stocks came up as long ideas when using an in-house, company-specific risk formula, the firm said.

Stock 121
article thumbnail

Cybersecurity career training for the real world

Cisco: M&A

Riccardo Nobili’s passion for cybersecurity career training is palpable.

Retail 98
article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Goldman Sachs says buy this little-known internet stocks with 50% upside

CNBC: Investing

Shares of Opera, which makes desktop and mobile web browsers, have gained 86% this year, fueled by the company's improved profitability and product innovation.

article thumbnail

Cisco XDR: SLEDs “SOC in a Box”

Cisco: M&A

For State, Local, and Education (both Higher Ed and K-12) (SLED) entities the Security Operations Center (SOC) is a required tool in the toolbox and a necessity for Cyber Insurance.

article thumbnail

Wednesday's analyst calls: Top casino stocks for 2024, Ferrari gets a downgrade

CNBC: Investing

Casinos and a luxury car maker were highlighted among the biggest analyst calls Wednesday.

Stock 118
article thumbnail

4 Things to Ask When Preparing Your IT for a Divestiture

M&A Leadership Council

Success Depends on Planning and Coordination Across the Enterprise By Lori DeVincent, CMAS, M&A Leadership Council Alumna and Director of Information Technology at ResCap Liquidating Trust Many times the decision to divest a business entity is made in a board room, kept quiet or shared with a limited audience until the close of the deal. Of course, there are many good reasons to limit those in the know.

IT 98
article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

Goldman says a quick profit can be made before year-end with an options bet against this stock

CNBC: Investing

Goldman Sachs sees an options trade opportunity in this food products stock.

Stock 114
article thumbnail

What Should We Expect for State and Local Government IT Priorities in 2024?

Cisco: M&A

As we wrap up 2023, it is a great time to reflect on the current state of technology in state and local governments and look ahead to the priorities for the coming year.

article thumbnail

Society Pass Inc. (Nasdaq: SOPA)/Thoughtful Media Group Inc (TMG): Greenridge Global Initiates Equity Research Coverage on TMG; TMG To Capture Significant Advertising Market Share In Southeast Asia

Global Newswire by Notified: M&A

Society Pass (Nasdaq: SOPA)/Thoughtful Media: Greenridge Initiates Research Coverage on TMG; To Capture Significant Advertising Market Share In SEA.

Media 92
article thumbnail

Tonsley Innovation District Attracting Global Attention

Cisco: M&A

If there is a single precinct in Australia that embodies what’s possible with digital innovation, it’s the Tonsley Innovation District in Adelaide.

article thumbnail

Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

article thumbnail

The rise of CX: Could a career in customer experience be for you in 2024?

Growth Business

By Aoibhinn McBride on Growth Business - Your gateway to entrepreneurial success As the adage goes, the customer is always right. For many tech companies, this saying has taken on new meaning as personalised customer experiences and prioritising a customer-centric culture has become intrinsic to success in the wake of emerging technologies. While there is much debate and speculation surrounding the role AI will play in the future of customer experience and customer service, providing a seamless

article thumbnail

Do Electric Sheep dream of AI-powered lawn mowers?

PE Hub

VC-backed Electric Sheep expects to announce lawnmowing service deals later on Wednesday, as the startup gears up to launch a PE fund. The post Do Electric Sheep dream of AI-powered lawn mowers? appeared first on PE Hub.

Funds 87
article thumbnail

First Impressions Matter: Preparing for the Initial Meeting with Potential Buyers

Benchmark International

Getting ready to meet potential buyers can be a daunting task. Your deal team typically won't join the initial meeting as the purpose is for you and the buyer to understand each other's businesses and explore potential fits, and it’s normally better that valuation discussions are held separately. Here are some important considerations for that initial meeting.