Fri.Dec 08, 2023

article thumbnail

Microsoft and OpenAI tie-up faces ‘relevant merger’ scrutiny by UK regulator CMA

TechCrunch: M&A

The whirlwind management drama at OpenAI last month concluded with co-founder Sam Altman reinstated within a week of his surprise dismissal — and a much bigger role for Microsoft, which ended up with a seat on the board for the first time since investing billions into the startup earlier this year. That new, cosier relationship […] © 2023 TechCrunch.

Mergers 231
article thumbnail

FTC Sues 7-Eleven for Acquisition Allegedly Violating Consent Order

JD Supra: Mergers

The FTC brought a lawsuit against 7-Eleven, Inc. and its parent company (together, “7-Eleven”) for allegedly violating an FTC consent order by acquiring a fuel outlet without providing prior notice to the Commission.

Insiders

Sign Up for our Newsletter

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

article thumbnail

AMD takes aim at Nvidia with new AI chips. Here’s what might be next for the stock

CNBC: Investing

The latest AI chips from Advanced Micro Devices may showcase the company's capabilities, but the chipmaker faces some obstacles ahead.

Stock 138
article thumbnail

Refonte des règles : Mise à jour de la Loi sur la concurrence du Canada

JD Supra: Mergers

Ce récent projet de réforme prévoit l’élargissement de la portée des dispositions civiles, le renforcement du cadre d’examen des fusions et diverses autres modifications. Le 28 novembre 2023, le gouvernement du Canada a proposé des modifications considérables et d’une grande portée à la Loi sur la concurrence (la « Loi »), lesquelles avaient été présentées dans son Énoncé économique de l’automne.

161
161
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

Bernstein tech analyst's best idea for 2024 is to short Tesla

CNBC: Investing

Toni Sacconaghi said Tesla faces a demand problem due to a narrow range of expensive vehicles, the Model 3 and the Model Y.

134
134

More Trending

article thumbnail

These energy stocks are getting close to a feared 'death cross' as crude oil tumbles

CNBC: Investing

With upstream and downstream energy stocks tied in part to crude oil prices, many are following the price of the commodity lower.

Stock 130
article thumbnail

H.I.G.-backed Hibu acquires Signpost’s software unit

PE Hub

Hibu is a provider of digital marketing solutions to local businesses in the U.S. The post H.I.G.-backed Hibu acquires Signpost’s software unit appeared first on PE Hub.

article thumbnail

This bank offers an industry-leading savings account yield above 5%

CNBC: Investing

The Federal Reserve's rate-hiking cycle has been great news for savers hoping to earn a little money on their cash.

article thumbnail

Cisco Partners and Purpose are Greater Together

Cisco: M&A

Last year, Cisco introduced Partnering for Purpose , where innovation and business goals with environmental, social, and governance (ESG) initiatives were highlighted to benefit partners and their… Read more on Cisco Blogs

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

How to bet on a comeback in energy stocks while getting paid to wait

CNBC: Investing

The Energy Select Sector SPDR (XLE) is roughly down 5% in 2023 and seems to be approaching oversold conditions.

Stock 127
article thumbnail

Blackstone and Digital Realty partner in $7bn JV

PE Hub

Digital Realty is a cloud- and carrier-neutral data center, colocation and interconnection provider. The post Blackstone and Digital Realty partner in $7bn JV appeared first on PE Hub.

85
article thumbnail

Friday's analyst calls: Big solar upgrade, Morgan Stanley sees strong gains for this chipmaker

CNBC: Investing

A major call on a popular solar stock was in focus Friday.

Stock 145
article thumbnail

“Dual Class”? How About “Dual Series”?

Deal Lawyers

Here’s a post I recently shared on TheCorporateCounsel.

IPO 113
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

Exxon Mobil is one of the most oversold names and could be primed for a bounce. Here are the others

CNBC: Investing

Investors broadly sold off energy shares as oil prices tumbled for the seventh straight week.

Investors 124
article thumbnail

Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias

PE Hub

BlackRock-backed Influence Media scoops up Enrique Iglesias' music catalog. The post Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias appeared first on PE Hub.

Media 83
article thumbnail

Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets

Global Newswire by Notified: M&A

SHANGHAI, China, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“Intchains,” “we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced it has entered into an asset acquisition agreement, or the Agreement, with a Singapore-based company, GOLDSHELL PTE.

article thumbnail

World Bank President Ajay Banga Addresses Climate Change

The New York Times: Banking

Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.

Bank 97
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

PE-backed Q taps Morrison as operations SVP and Holden as CFO

PE Hub

Qu is a Bethesda, Maryland-based restaurant tech company. The post PE-backed Q taps Morrison as operations SVP and Holden as CFO appeared first on PE Hub.

82
article thumbnail

COP28 considers end to fossil fuels in move opposed by OPEC

Global Banking & Finance

COP28 considers end to fossil fuels in move opposed by OPEC By Kate Abnett, Maha El Dahan and Jake Spring DUBAI (Reuters) -OPEC is rallying its oil producing members to veto a proposed deal to phase out fossil fuels at the COP28 climate summit, highlighting deep divisions over the future of oil and gas.

IT 75
article thumbnail

Corporate bond blocks continue to trade bilaterally, but future electronification should not be overlooked

The TRADE

Block trades continue to be executed primarily via phone and chat despite the growth of electronic trading across the corporate bond market over the last ten years, however the market is ripe for change according to a new study by Coalition Greenwich. Their findings suggest that only 10% of buy-side block trades – those with a notional value of $5 million or more for investment grade and $1 million or more for high yield – are currently executed electronically.

Trading 68
article thumbnail

Mill Point-backed GlacierPoint picks up Cool River Beverages

PE Hub

GlacierPoint is a distributor of ice cream and other frozen products. The post Mill Point-backed GlacierPoint picks up Cool River Beverages appeared first on PE Hub.

71
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

Corporate insiders loaded up this week on these stocks

CNBC: Investing

Corporate insiders made the following bets on their company stock to rise.

article thumbnail

Coastal Amusements snags investment from Surge Private Equity

PE Hub

CoView Capital acted as sole advisor to Coastal. The post Coastal Amusements snags investment from Surge Private Equity appeared first on PE Hub.

article thumbnail

Here are Friday's biggest analyst calls: Apple, Tesla, Boeing, First Solar, Qorvo, Exxon, Meta, O'Reilly & more

CNBC: Investing

Here are Friday biggest calls on Wall Street.

124
124
article thumbnail

Capstreet scoops up software provider PlanetBids

PE Hub

PlanetBids was founded in 2000 by Alan and Arpie Zavian. The post Capstreet scoops up software provider PlanetBids appeared first on PE Hub.

68
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

Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season

Global Banking & Finance

Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season By Rob Nardelli, Director of Commercial Banking, DailyPay As the holiday season approaches, unfortunately, so do additional bills associated with the fun and merriment. Paying bills late is a costly problem for millions of Americans. Half of U.S.

Bank 58
article thumbnail

Bouygues : mise en œuvre du retrait obligatoire de la société Colas

Global Newswire by Notified: M&A

COMMUNIQUÉ DE PRESSE EN DATE DU 8 DÉCEMBRE 2023 MISE EN ŒUVRE DU RETRAIT OBLIGATOIRE DE LA SOCIÉTÉ COLAS INITIÉE PAR LA SOCIETE BOUYGUES S.A. MONTANT.

52
article thumbnail

Azerbaijan tipped to host COP29 climate talks

Global Banking & Finance

Azerbaijan tipped to host COP29 climate talks By Kate Abnett, Alexander Cornwell and Elizabeth Piper DUBAI (Reuters) -Azerbaijan is tipped to host next year’s U.N. climate summit, after striking a late deal with longtime adversary Armenia over its bid.

IT 52