Tue.Nov 14, 2023

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Airbnb acquires secretive firm launched by Siri co-founder

TechCrunch: M&A

Airbnb has acquired a secretive new AI startup, GamePlanner.AI, the company announced this morning. CNBC reports that the purchase price was around $200 million, a figure that TechCrunch was unable to confirm at publication time. GamePlanner was co-founded by Adam Cheyer and Siamak Hodjat. Cheyer famously helped co-launch the startup Siri, which Apple acquired and […] © 2023 TechCrunch.

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Illinois Proposes Heightened Oversight for Healthcare Transactions

JD Supra: Mergers

Starting January 1, 2024, healthcare facilities and provider organizations engaging in certain transactions in Illinois, such as mergers and acquisitions, will have new reporting requirements. Illinois recently joined a growing number of states, including California and New York, in requiring expanded oversight and transparency of transactions involving healthcare facilities and provider organizations.

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Michael Burry reveals new bet against chip stocks after closing out winning market short

CNBC: Investing

The hedge fund manager of "The Big Short" fame shook up his bets during the third quarter.

Funds 145
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Sheppard Mullin 10 Ways to Screw Up Your Deal

JD Supra: Mergers

IF YOU WANT TO SCREW UP YOUR DEAL, THEN: 1. Build the plane while you’re flying. If a deal is important enough to do, then it’s important enough to do the preparatory work before you launch the negotiations. - Doing your homework, setting realistic goals and boundaries, and surveying the environment and variables that can impact a deal are important first steps to take when considering a transaction.

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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?

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The Federal Reserve Has Frozen Our Housing Market

The New York Times: Banking

The Federal Reserve’s relentless attack on inflation has jeopardized the housing market.

More Trending

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Warren Buffett’s Berkshire trimming holdings, keeping new stock secret

CNBC: Investing

The Omaha-based conglomerate dumped the remaining $780 million stake in General Motors, while exiting a number of smaller bets.

Stock 129
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Book Review: ‘The Money Kings,’ by Daniel Schulman

The New York Times: Banking

In “The Money Kings,” Daniel Schulman tells the story of the Jewish immigrants who came to the United States and helped build America’s modern economic system.

Economics 125
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Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more

CNBC: Investing

Here are Tuesday's biggest calls on Wall Street.

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When Earnouts Are Ambiguous: The Importance of a Good Record

Deal Lawyers

John has blogged previously about the renewed reliance on earnouts in today’s uncertain environment. In fact, this Freshfields blog states that “one recent study found that the use of earnouts in U.S. private M&A deals in 2022 was higher than in any year since 2017.

M&A 113
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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.

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Seth Klarman's Baupost bought 23 million shares of this data analytics stock last quarter

CNBC: Investing

The value-oriented, Boston-based hedge fund also entirely sold out of two large stocks.

Stock 121
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Innovation and partnership for the AI journey ahead

Cisco: M&A

A Cisco study reveals serious gaps in AI readiness around the world. But opportunities are massive, and Cisco is ready to help. Technology change is never easy. AI is uniquely complex.

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A 'once-in-a-generation' factory construction boom won't bow to economic jitters. How investors can play it

CNBC: Investing

Manufacturing construction that has been put in place is tracking about 70% higher year over year, according to UBS.

Economics 118
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Speeding to Growth: Greater Together with Cisco Security

Cisco: M&A

2000 partner attendees. 3 humid Miami Beach days. 1 powerful security message.

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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.

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How to bet on a comeback in energy stocks, which look primed for a bounce

CNBC: Investing

The energy sector has been beaten down since September and is stuck in a downtrend.

Stock 116
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FreshPure Waters Expands Its National Footprint with Acquisition of Arctic Mountain Premium Drinking Water

Global Newswire by Notified: M&A

Santa Fe, New Mexico, Nov. 14, 2023 (GLOBE NEWSWIRE) -- FreshPure Waters (“FreshPure”) is reaffirming its position as a leading national brand with the strategic acquisition of Pure Water Technologies, operating as Arctic Mountain, a prominent water vending solutions provider based in Salt Lake City, Utah. This milestone marks a significant step in FreshPure’s journey towards sustained growth and establishes a strong presence in 42 states, with a growing network of dispensing systems in grocery

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'Tiger Cub' hedge fund Coatue reveals Instacart bet, keeps AI plays as top holdings

CNBC: Investing

Coatue's Philippe Laffont was one of the so-called Tiger Cubs who worked under the late Julian Robertson at Tiger Management.

Funds 114
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AIOps Drives Exceptional Digital Experience Through Network Assurance

Cisco: M&A

Part 5 of the six-part series – The 2023 Global Networking Trends Report series The distributed workforce―and the distributed applications and services they consume―have vastly changed the enterp… Read more on Cisco Blogs

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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.

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Bill Ackman's Pershing Square increased its stake in this big tech stock last quarter

CNBC: Investing

The hedge fund nearly doubled its holding of class A shares, which carry voting rights.

IT 105
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The Power of LTE 450 for Critical Infrastructure

Cisco: M&A

In case of disasters, a reliable communication network is critical. The emergency centers need to be able to exchange information to coordinate their response in the field.

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Who will be the AI winners of 2024? Morgan Stanley names its favorites

CNBC: Investing

A mix of mega cap and smaller stocks are the best plays on generative artificial intelligence in 2024, according to Morgan Stanley.

IT 96
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Bregal-backed Juniper Landscaping buys landscaping maintenance firm Shooter and Lindsey

PE Hub

Based in Fort Myers, Florida, Juniper is a commercial landscaping platform. The post Bregal-backed Juniper Landscaping buys landscaping maintenance firm Shooter and Lindsey appeared first on PE Hub.

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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.

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Tuesday's analyst calls: Bank of America sees Nvidia going to $650, battery stock downgrade

CNBC: Investing

Tuesday started with Nvidia getting more praise from one analyst, and a battery stock downgrade.

Stock 91
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Blue Sage invests in environmental remediation services firm Geo-Solutions

PE Hub

Geo-Solutions was represented in the transaction by FMI Capital Advisors, Inc. The post Blue Sage invests in environmental remediation services firm Geo-Solutions appeared first on PE Hub.

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David Tepper's Appaloosa raised its exposure to several big tech names — but not the most famous one

CNBC: Investing

The hedge fund zeroed out its position in a well-known personal technology behemoth in the third quarter.

IT 87
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Guilbault acquires Champlain-backed Transport Inter-Nord

PE Hub

Transport Inter-Nord is a Saint-Jerome, Quebec-based specialist in less-than-truckload and full-truckload freight transportation. The post Guilbault acquires Champlain-backed Transport Inter-Nord appeared first on PE Hub.

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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.

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Investors are the most overweight bonds in 14 years, expecting rates to decline, survey shows

CNBC: Investing

November's closely watched polling of Wall Street experts shows that fixed income is expected to be the best-performing asset class in 2024.

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Proprietary traders prioritising FX as rising costs lead firms to trade fewer products and markets

The TRADE

Around 45% of firms which already trade FX are planning to significantly increase their exposure in the asset class as of next year, an Acuiti report has found. The report focuses on the rising cost of trading, finding that 33% of surveyed respondents are currently reducing their presence in some markets or products as a result, with 29% highlighting that they are trading less overall due to these high costs.

Trading 81
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D1 Capital adds to Big Tech bets in third quarter, reveals new top holding

CNBC: Investing

The buying of Big Tech stock marks a reversal from D1 Capital's moves earlier this year.

Capital 81