October, 2024

article thumbnail

The Power of Preferred Stock: A Primer for VC, PE, and Founders

JD Supra: Mergers

Preferred stock is a key financing instrument in the world of private equity (PE) and venture capital (VC), frequently used to balance the interests of investors and founders. Issued by corporations, preferred stock confers specific rights and privileges — often outlined in the company’s certificate of incorporation — making it distinct from common stock.

Stock 286
article thumbnail

Stripe in talks to acquire Bridge for $1 billion

TechCrunch: M&A

Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, co-founded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors […] © 2024 TechCrunch.

Investors 329
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Apple's China suppliers could actually benefit from U.S. trade tensions, according to JPMorgan

CNBC: Investing

After looking at global trade shifts, JPMorgan strategists have concluded a few of Apple's Chinese suppliers could benefit from supply chain diversification.

Trading 139
article thumbnail

The future trading desk is cloud-driven

The TRADE

Cloud was a key focus area within a panel discussion on the next stage of data integration and analysis that took place last week at the Fixed Income Leaders Summit (FILS), with the advancement said to have the potential to help enhance execution performance. Data has increasingly become available for trading teams, however, as discussed among other panels at the conference, it is only beneficial if clean and appropriate.

Trading 118
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

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

CNBC: Investing

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

More Trending

article thumbnail

Foreign Investment and National Security: Navigating Heightened Scrutiny of US, EU and UK Cross-Border Deals

JD Supra: Mergers

As geopolitical tensions ratchet higher across the globe – fueled by the ongoing conflict in Ukraine, turbulent relations between China, the United States (US), and Europe, escalating conflict in the Middle East, and increased governmental efforts to promote industrial resilience through 'onshoring' and 'friendshoring' of supply chains – countries are increasingly placing national security concerns at the forefront of their trade and investment policymaking endeavors.

article thumbnail

Subscription management firm Zuora agrees to be acquired for $1.7B

TechCrunch: M&A

Zuora, a company selling software to help businesses manage their subscription-based services, has agreed to be acquired by private equity firms GIC and Silver Lake for $1.7 billion. The all-cash deal is expected to close in Q1 2025, subject to approvals and customary closing conditions. It’ll take Zuora, which is currently publicly traded, private.

article thumbnail

How Issac Qureshi Built an E-Commerce Empire: Mergers, Acquisitions, and Leveraged Buyouts

How2Exit

E252: How Issac Qureshi Built an E-Commerce Empire: Mergers, Acquisitions, and Leveraged Buyouts - Watch Here About the Guest(s): Issac Qureshi : Issac Qureshi is the founder and owner of Bauer, a mergers and acquisitions (M&A) firm specializing in e-commerce. With roots in the banking sector, Issac began his career at Royal Bank of Scotland Group.

article thumbnail

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

The New York Times: Banking

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

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 Intel Got Left Behind in the A.I. Chip Boom

The New York Times: Mergers, Acquisitions and Dive

Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

IT 145
article thumbnail

Can I Really Get What I Want?

H. Friedman Search

I want to explore the idea that a lot of potential candidates have but don’t necessarily verbalize. “Can I really get what I want if I make a move to a new company?” The answer is yes… with one qualification being you must know what it is that you are looking for. The What & Why The most important thing that a qualified candidate searching for a new position is they must know (with certainty) what they are seeking and (almost as important) why they are entertaining looking for a new position

article thumbnail

Customer information sharing in the Economic Crime and Corporate Transparency Act key points for firms

JD Supra: Mergers

Quicker and easier sharing of customer information relating to economic crime concerns between firms in the UK financial sector has been encouraged by provisions in the Economic Crime and Corporate Transparency Act 2023 (Act), which came into force on 15 January 2024. The UK Government published accompanying guidance in October 2024. We explore the key features of the new information sharing gateways.

Economics 289
article thumbnail

Permira completes Squarespace acquisition after upping bid to $7.2B

TechCrunch: M&A

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6 billion, and an enterprise […] © 2024 TechCrunch.

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

Support automation firm Capacity grows with new cash and acquisitions

TechCrunch: M&A

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D. […] © 2024 TechCrunch.

article thumbnail

Comprehensive WARN Act FAQ for Employers in the Energy Sector

JD Supra: Mergers

The US energy sector’s ongoing consolidation wave, which saw $250 billion worth of deals in 2023 and continues into the current year, is reshaping the industry landscape. As companies seek to deploy cash reserves and enhance their oil and gas portfolios, mergers and acquisitions (M&A) have become increasingly common.

article thumbnail

Inside the FTC’s Sweeping Overhaul of U.S. Antitrust Merger Filing Requirements

JD Supra: Mergers

The Federal Trade Commission (FTC), with the concurrence of the Department of Justice, has unanimously adopted sweeping changes to the Hart-Scott-Rodino Act (HSR) rules.

Mergers 282
article thumbnail

Treasury and IRS Release Proposed Corporate Alternative Minimum Tax Regulations

JD Supra: Mergers

On September 13, 2024, in the Federal Register, the Treasury and IRS published proposed regulations implementing the corporate alternative minimum tax (“CAMT”). Its 182 pages (including 62 pages of preamble) describe a parallel corporate tax system that largely draws from existing rules governing financial and tax accounting, but that may be unfamiliar to experts in each by its combination of the two.

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

Casting a wider digital net: the UK’s expanded mergers jurisdiction under the DMCC Act

JD Supra: Mergers

The UK Government has recently confirmed that the digital markets and competition parts of the DMCC Act are likely to come into force in December 2024 or January 2025. We consider the significance for companies active in digital markets of the upcoming changes to merger control, which could significantly increase the risk of scrutiny and investigation of transactions by the CMA.

Mergers 278
article thumbnail

Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation

TechCrunch: M&A

Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up […] © 2024 TechCrunch.

article thumbnail

California Privacy and AI Roundup: What Passed and What Didn’t

JD Supra: Mergers

Last month, the California legislative session came to an end when California Governor Gavin Newsom signed more than a dozen of the approximately 38 bills sent to his desk relating to privacy and artificial intelligence (AI). Also notable are other bills that the Governor vetoed, which are often instructive signals for the broader policy and regulatory community and may return in some form during the 2025 session.

225
225
article thumbnail

UK digital ‘end-of-life’ services startup Farewill acquired for $16.8M

TechCrunch: M&A

Farewill, a U.K.-based end-of-life services provider that offers online tools for writing wills, organizing probate, and arranging cremation, has been acquired by funeral service provider Dignity in an all-shares deal valuing the startup at £12.9 million ($16.8 million). The deal is a classic case of an established legacy incumbent chasing growth by buying a younger […] © 2024 TechCrunch.

Shares 224
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

Countdown to 2025: New HSR Premerger Disclosure Rules

JD Supra: Mergers

The Federal Trade Commission (“FTC” or the “Commission”) has announced a final rule (the “Final Rule”) significantly expanding the premerger notification and reporting requirements under the Hart‑Scott‑Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The changes do not impact the scope of transactions that are subject to reporting, but will dramatically expand the disclosure requirements with respect to HSR filings.

Trading 200
article thumbnail

FTC and State AGs Settle with Marriott over Starwood Data Breaches

JD Supra: Mergers

Our Consumer Protection/FTC and Privacy, Cyber & Data Strategy teams unpack Starwood Hotels’ and Marriott International’s settlements with the Federal Trade Commission and Marriott’s settlement with state attorneys general over three data breaches.

Trading 200
article thumbnail

It’s Spooky Season: HHS OCR Finalizes Two Investigations into Ransomware Incidents, Providing Nightmare Material for Acquiring Entities

JD Supra: Mergers

Before this year, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) resolved 70 breach investigations from which fines or civil monetary penalties were secured. Of those investigations, only one was triggered by a ransomware incident.

article thumbnail

Webinar Takeaways: Managing Antitrust Risk When Using Artificial Intelligence — a US Perspective | Epiq

JD Supra: Mergers

Artificial Intelligence (AI) can help corporations create operational efficiencies, enhance customer experiences, optimize business strategies, significantly reduce costs, and increase profitability. However, using AI tools can create significant antitrust risks for businesses. Those risks include AI’s impact on the accumulation of market power, access of large technology companies to client data, and the relationships between….

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

What the New HSR Filing Requirements Mean for Your Future Reportable Deals

JD Supra: Mergers

On October 10, 2024, the Federal Trade Commission (FTC) released the final revised rules governing premerger notification filings under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. The new HSR filing requirements will become effective 90 days after they are published in the Federal Register, which is expected in the coming days, and means they will likely become effective in late January 2025.

article thumbnail

With Updated Corporate Compliance Guidance, DOJ Provides Companies with More Reasons to Focus on AI and Technology

JD Supra: Mergers

On September 23, 2024, the U.S. Department of Justice (DOJ) released an updated version of its guidance to prosecutors on the Evaluation of Corporate Compliance Programs (“ECCP”).

article thumbnail

Directors Quarterly: October 2024

JD Supra: Mergers

This edition includes a financial reporting and auditing update for audit committees, highlights from the KPMG 2024 US CEO Outlook, view on the post-election geoeconomic forecast, CEO succession planning, and the latest in board diversity disclosures. The implications of the US elections for companies, the economy, and the broader geopolitical landscape in the months and years ahead have business leaders and boards bracing for extended uncertainty as they prepare to close out 2024.

Business 187