June, 2024

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SAP to acquire digital adoption platform WalkMe for $1.5B

TechCrunch: M&A

SAP sees WalkMe's focus on automating contextual, in-app support as bringing value to its own enterprise customers. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 352
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The First Bank to Collapse in 2024: What Led to the Failure of Republic Bank

JD Supra: Mergers

The first bank to meet its demise in 2024 is smaller than its 2023 counterparts. In 2023 we saw Silicon Valley Bank (“SVB”) and First Republic Bank (“First Republic”) fail. The most recent bank to experience a failure bears a striking resemblance – in name only – to one of these banks.

Banking 300
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Robinhood acquires global crypto exchange Bitstamp for $200M

TechCrunch: M&A

Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp. © 2024 TechCrunch. All rights reserved. For personal use only.

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Career Satisfaction – Is Happiness Enough?

H. Friedman Search

“Do you know what the number one response recruiters get when they ask anyone about their desire to hear about new opportunities? Yup, “I’m happy here.” So, I must assume that everyone that we speak to – as recruiters – is experiencing perfect career satisfaction in their current position, but you and I both know that is not the case.

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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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Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

The New York Times: Mergers, Acquisitions and Dive

VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

More Trending

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Delaware Legislature Passes Moelis Fix

Deal Lawyers

Last night, the Delaware Legislature passed the controversial 2024 amendments to the DGCL and sent the legislation to Gov. John Carney for signature. Whatever the legislation’s merits may be, it would make sweeping changes to Delaware’s statutory corporate governance structure and create a number of thorny issues for the Chancery Court to work through.

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eDiscovery Under Economic Pressure: May 2024 HSR and BEA Data Analysis

JD Supra: Mergers

The landscape of mergers and acquisitions (M&A) continues to evolve, influenced by economic shifts and regulatory frameworks. For eDiscovery professionals, staying abreast of these changes is essential for providing timely and effective support in legal and regulatory matters. The latest data from the Premerger Notification Office and the Bureau of Economic Analysis (BEA) provides crucial insights into the current M&A activity and economic conditions, underscoring the need for robust eDi

Economics 309
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OpenAI buys Rockset to bolster its enterprise AI

TechCrunch: M&A

The Rockset buy fits into OpenAI's broader recent strategy of investing heavily in its enterprise sales and tech orgs. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 326
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The Key to Getting Hired – Ease of Doing Business

H. Friedman Search

What do Nordstrom and Amazon have in common? The simple answer is the ease of doing business with these two great companies. Nordstrom, a famous department store on the West Coast, is known for their ability to take returns back with no questions asked, a philosophy the owners began with and has never changed in their almost one hundred twenty-five years of history.

Business 208
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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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Boeing Agrees to Buy Spirit AeroSystems, a Longtime Supplier

The New York Times: Mergers, Acquisitions and Dive

The multibillion-dollar deal will reverse a decision the plane maker made two decades ago to outsource production of key parts to independent suppliers.

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Janet Yellen: Use Russia’s Assets to Support Ukraine

The New York Times: Banking

The U.S. treasury secretary explains why America and its allies should unlock the value of Russian capital immobilized at the start of the war to give Ukraine the financing it needs.

Finance 145
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Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position

CNBC: Investing

Keith Gill posted a new screenshot of his E-Trade portfolio after the bell Thursday showing that he is now holding more than 9 million GameStop shares.

Shares 143
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Court of Chancery Issues First Dismissal of a SPAC Disclosure Complaint

JD Supra: Mergers

In January 2022, Vice Chancellor Lori Will of the Delaware Court of Chancery issued a groundbreaking opinion in In re MultiPlan Corp. Stockholders Litigation that paved the way for SPAC stockholders to bring direct breach of fiduciary duty claims against SPAC boards and sponsors. In the ruling, the court clarified that “well-worn fiduciary principles” under Delaware law would apply to SPAC board decisions.

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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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Squarespace sells restaurant reservation system Tock to American Express for $400M

TechCrunch: M&A

Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service three years ago. Separately, AmEx will be buying Rooam, a mobile payments and ordering platform that integrates with point-of-sale systems. Terms of the Rooam deal […] © 2024 TechCrunch.

Sale 282
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Time is on my Side

H. Friedman Search

For all of us old rockers, this title may ring a bell. And for those too young to remember Mick Jagger and The Rolling Stones, this is one of their most well-known songs and I’ll bet you’ve heard it referenced somewhere. My wife and I recently had the pleasure of watching this 78-year-old rocker strut his stuff on stage in Seattle. He had all of us old geezers on our feet and moving like we were teenagers again.

Finance 188
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How Pet Care Became a Big Business

The New York Times: Mergers, Acquisitions and Dive

People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions.

Business 145
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Japan Runs on Vending Machines. It’s About to Break Millions of Them.

The New York Times: Banking

New yen notes set to be introduced this summer won’t be compatible with many machines that businesses like ramen shops rely on.

Business 145
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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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Warren Buffett's Berkshire Hathaway raked in billions from BYD, the China EV maker Munger called a 'damn miracle'

CNBC: Investing

The BYD bet turned out to be one of Berkshire's best, with its value ballooning to $8 billion at BYD's peak as the EV market exploded.

IT 141
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Understanding Client Motivations: Key to Making a Significant Impact

JD Supra: Mergers

Jeff Faulkner, co-founder of the International Succession Planning Association, speaks about the challenges that arise when transferring ownership of a business to the next generation. In the video, he points out the limitation of gifting without paying gift taxes in the United States and how it can make the transfer of business stock to the next generation difficult.

Business 300
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Nubank acquires AI-for-banks startup Hyperplane

TechCrunch: M&A

Hyperplane focused on allowing banks to train their own models to power tools across their risk, collections and marketing departments. © 2024 TechCrunch. All rights reserved. For personal use only.

Banking 273
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Employment opportunity and the road not taken

H. Friedman Search

This week I want you to think about a deceptively simple question: Why are people reluctant to talk to a recruiter about an employment opportunity? It’s a straightforward question, but the answer can be quite complex. I am very fortunate to be recognized as an expert in the field of Public Finance. As a result, calls frequently come into my office, so I do very little outbound cold calling.

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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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Paramount’s Deal With Skydance Falls Apart

The New York Times: Mergers, Acquisitions and Dive

There were several hitches in the last week as Skydance, Paramount and its parent company, National Amusements, reached the final stages of negotiations.

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Office Buildings’ Losses Are Growing, With More Pain to Come

The New York Times: Banking

The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.

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Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says

CNBC: Investing

The 171-year-old jeans maker said sales of denim skirts, pantsuits and dresses are double last year's rate.

Sale 140
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Navigating Culture in Mergers and Acquisitions: A Strategic Approach

JD Supra: Mergers

Mergers and Acquisitions (M&A) are often perceived as primarily financial transactions. However, the real success of these endeavors usually hinges on a less tangible but equally crucial factor: organizational culture. In the landscape of M&A, the traditional focus on financial synergies and operational efficiencies can overshadow the importance of cultural alignment.

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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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Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

TechCrunch: M&A

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on […] © 2024 TechCrunch.

IT 271
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Delaware Amendments: The Return of the Dead Hand Pill?

Deal Lawyers

If you’ve been paying attention to the debate over the 2024 Delaware DGCL amendments, one thing that seems pretty clear is that a lot of stuff we all thought was settled long ago is once again up for grabs. Take “dead hand” poison pills, for example.

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U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI

The New York Times: Mergers, Acquisitions and Dive

The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.

Trading 145