May, 2024

article thumbnail

Rescheduling Marijuana FAQs: Cannabis-Related Investments

JD Supra: Mergers

On May 21, 2024, the Drug Enforcement Agency (DEA) filed the Proposed Rule to move marijuana from Schedule I of the Controlled Substances Act (CSA) to Schedule III of the CSA. In light of the rescheduling marijuana news, industry insiders anticipate a significant increase in cannabis-related investments and acquisition activity. While this anticipated increase in activity is exciting, it is no secret that those who have already invested capital into the cannabis industry have learned some hard.

article thumbnail

Bumble buys community building app Geneva to expand further into friendships

TechCrunch: M&A

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from “one-to-one connections to groups and communities” — friendships, in other words. Terms of the deal were not disclosed, but the announcement comes shortly […] © 2024 TechCrunch.

IT 285
Insiders

Sign Up for our Newsletter

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

article thumbnail

Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'

CNBC: Investing

"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money.

IT 145
article thumbnail

Chobani Yogurt Founder Buys Anchor Brewing Company

The New York Times: Mergers, Acquisitions and Dive

Hamdi Ulukaya called the craft brewer, said to be the country’s oldest, a “grand jewel.” Anchor’s former owner, Sapporo, put it into liquidation last year, citing the effects of the pandemic.

IT 135
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

Supreme Court Rejects Challenge to Consumer Watchdog’s Funding

The New York Times: Banking

A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.

Funds 138

More Trending

article thumbnail

New Statute of Limitations Impacts M&A and International Trade Compliance

JD Supra: Mergers

New developments in international trade laws will have tangible and far-reaching impacts on transactions as well as day-to-day business operations. President Biden’s signing of HR 815 means that once time-barred historic events are now fair game.

Trading 308
article thumbnail

Bugcrowd, the crowdsourced white-hat hacker platform, acquires Informer to ramp up its security chops

TechCrunch: M&A

On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security chops. The company — which crowdsources skills from more than half a million hackers to find and fix security vulnerabilities and other operational loopholes in […] © 2024 TechCrunch.

article thumbnail

Warren Buffett says AI scamming will be the next big 'growth industry'

CNBC: Investing

Artificial intelligence has both "enormous potential for good and enormous potential for harm," the investing guru said during Berkshire's annual meeting.

article thumbnail

Sony and Apollo in Talks to Acquire Paramount

The New York Times: Mergers, Acquisitions and Dive

After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors.

article thumbnail

Provide Real Value in Your Applications with Data and Analytics

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

Regulation and fragmentation’s influence on the current liquidity landscape

The TRADE

The constantly shifting liquidity landscape is characterised by the availability and ease with which assets can be bought and sold without significant changes in price. Particularly in Europe, we are witnessing shifts in this dynamic, as well as increasingly fragmented liquidity within the region. This landscape has experienced notable evolutions in recent years due to advancements in technology, increased market participation, and regulatory changes.

Trading 111
article thumbnail

Article | Make room at the adult table for CUSOs

Successful Acquisitions

Make room at the adult table for CUSOs It’s an old, but often true, phrase that some things get better with age. From wines and cheeses to flannel shirts and blue jeans, maturity is often associated with a high comfort level and feelings of security. CUSOs have undergone a maturation process as well, advancing with the times and with technologies. And now they are perfectly positioned to assist credit unions in some of their more “mature” spaces often associated with the back office.

Insurance 111
article thumbnail

U.S. Steel-Nippon Steel Merger: A Potent Catalyst for U.S.-Japan Relations and Technological Advancement

JD Supra: Mergers

As the proposed $14.9 billion acquisition of U.S. Steel by Nippon Steel garners global attention, its implications extend far beyond mere corporate gains. This merger symbolizes a strengthening of the crucial U.S.-Japan economic and strategic partnership, promising significant investment in American infrastructure, workforce development, and industrial innovation.

Mergers 309
article thumbnail

DocuSign acquires AI-powered contract management firm Lexion

TechCrunch: M&A

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign (which now prefers to go by Docusign, with a lowercase “S,” a PR rep from the company tells me) announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments […] © 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

Berkshire cuts Apple investment by about 13%, Buffett hints that it's for tax reasons

CNBC: Investing

Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

IT 145
article thumbnail

U.S. Sues to Break Up Ticketmaster Owner, Live Nation

The New York Times: Mergers, Acquisitions and Dive

Accused of violating antitrust laws, Live Nation Entertainment faces a fight that could reshape the multibillion-dollar live music industry.

article thumbnail

Why IT Leaders Are Evolving the Network into a High-Performance Digital Engine

Cisco: M&A

The new 2024 Global Networking Trends Report is a compelling look at networking readiness among global IT organizations. We heard from 2,050 IT professionals in 13 countries about their investment strategies and the advanced architectures and capabilities they believe will prove transformational within the next two years.

article thumbnail

Six Ways Cost Synergies Are A Benefit Of M&A

Benchmark International

In any merger or acquisition, the buyer and seller anticipate synergy will be crucial. Synergy in M&A can manifest in several forms, but cost synergy is one of these critical areas. It is essential to note that cost synergy is not the same as revenue or financial synergy. We will delve into those topics in upcoming articles.

M&A 111
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

AI-Specific Representations in Tech M&A

JD Supra: Mergers

Navigating the acquisition of any company which makes substantial use of artificial intelligence (AI) requires a nuanced understanding of both its technological intricacies and legal complexities. As the landscape of AI continues to evolve rapidly, we expect to encounter myriad representations and warranties aimed at specific issues in intellectual property rights, data rights, and regulatory compliance relating to AI.

M&A 304
article thumbnail

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

TechCrunch: M&A

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse. © 2024 TechCrunch. All rights reserved. For personal use only.

Bank 271
article thumbnail

'Big Short' trader Danny Moses is still betting against Tesla, says core business is 'falling apart'

CNBC: Investing

"Everything is kind of falling apart in their core business," Moses Ventures founder Danny Moses told CNBC's "Fast Money.

Business 143
article thumbnail

U.S. Plans to Accuse Live Nation of Defending a Monopoly

The New York Times: Mergers, Acquisitions and Dive

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.

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

BMLL data made available through Nasdaq Data Link

The TRADE

Nasdaq’s Nordic and Baltic equity offering, QuoteView, will be made available through Nasdaq Data Link this month, covering primary venues and MTFs in the region across equities, mutual funds and ETFs. The offering, which is powered by BMLL, provides T+1 consolidated best bid and offer (CBBO) data for Nordic and Baltic equity markets. The consolidated order book consists of all lit quotes across the primary venues and MTFs that trade Nordic and Baltic securities with the corresponding original p

article thumbnail

The Tragic Investment Banker Death: Should Senior Bankers Go to Jail for Killing Their Junior Staff?

Mergers and Inquisitions

In case you’ve been offline for the past few days, it has happened yet again: An investment banker has died on the job. You can read about it in various threads on Wall Street Oasis , Reddit , eFinancialCareers , LinkedIn, and more, so I won’t repeat the full details here. In short, this banker was an Associate in the FIG team at Bank of America and had a very accomplished track record before joining the firm.

article thumbnail

Corporate Transparency Act: Beware of Filing Scams

JD Supra: Mergers

Since the Corporate Transparency Act took effect on January 1, 2024, scammers have seized the opportunity to send notices to owners of recently formed companies offering “filing services.” In response to these scams, FinCEN posted an alert on the Beneficial Ownership Information homepage stating, “FinCEN has learned of fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act.

article thumbnail

How 401(k) Drives Inequality

The New York Times: Banking

How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.

article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers

CNBC: Investing

Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.

article thumbnail

DOJ to Sue Live Nation, Accusing It of Defending a Monopoly

The New York Times: Mergers, Acquisitions and Dive

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.

article thumbnail

Make Your Buildings Smarter with Cisco Spaces Cloud

Cisco: M&A

See how Cisco Spaces lets your existing network infrastructure become a sensor that allows you to extract network data to make your buildings smarter.

115
115