Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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Why the Capital One-Discover Merger Makes Sense

JD Supra: Mergers

When federal agencies review bank mergers, the competition issues typically relate to the number and location of physical branches and the extent of any overlap in the areas served. By contrast, the proposed $35 billion Capital One-Discover merger raises different and far more subtle competitive issues. The agencies—the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Antitrust Division of the Department of Justice—will have to assess not only the deal’s effect on.

Mergers 296
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Box adds crucial piece to its AI platform with Alphamoon acquisition

TechCrunch: M&A

On Thursday, Box filled in a missing piece on its AI platform when it bought automated metadata extracting startup, Alphamoon. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 280
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Contemplating A Move? Nerves & Jitters Are Inevitable

H. Friedman Search

Contemplating A Move & Ocean Views This week’s blog is for those contemplating a move, but I’d like to make this a little more personal. I was planning on purchasing a piece of property on the water, making improvements, then putting it back on the market. That was my sole intention with my wife. Escrow is opened, loan approved with one catch: we had never seen the property in person until yesterday.

Finance 130
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Buying a Flat Pack Business: Challenges, Triumphs, and Lessons Learned in Acquiring a Business

How2Exit

E236: Buying a Flat Pack Business: Challenges, Triumphs, and Lessons Learned in Acquiring a Business - Watch Here About the Guest(s): Mark Moodley : Mark resides in Australia and has been deeply involved in small business operations, buying and selling entities. He has an extensive background working for a European car manufacturer and has transitioned into mergers and acquisitions after completing courses from well-known industry experts.

Business 130
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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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For Founders, Raising VC Funds Comes From Being in the ‘Know’

JD Supra: Mergers

We have previously written regarding founders’ choice of entity decisions as well as a number of tips for entrepreneurs to keep in mind as their businesses begin to operate and grow. But for those founders who have eyes on raising additional capital through Series funding rounds, there are additional considerations to navigate before making those venture capital pitches.

Funds 283

More Trending

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Wall Street reacts to historic global sell-off: Markets are in an 'aggressive risk-unwind'

CNBC: Investing

Stock markets around the world are selling off, as investors fear the U.S. could be headed into a recession amid a spate of softening economic data.

Economics 144
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How the Google Antitrust Ruling May Influence Tech Competition

The New York Times: Mergers, Acquisitions and Dive

Nearly a quarter-century after Microsoft lost a similar case, a judge’s decision that Google abused a monopoly in internet search is likely to have major ripple effects.

S&P 136
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GE HealthCare Announces Deals in AI

JD Supra: Mergers

GE HealthCare on July 25th, 2024, announced a collaboration with Amazon Web Services (AWS) to develop purpose-built foundation models and generative artificial intelligence (AI) applications. According to the GE HealthCare press release, the company intends to utilize Amazon Bedrock to amplify the advantages of generative AI for their customers and build its own proprietary generative AI applications for healthcare use cases.

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SoundHound acquires Amelia AI for $80M after it raised $189M+

TechCrunch: M&A

SoundHound, an AI company that makes voice interface tech used by car companies, restaurants and tech firms, is doubling down on enterprise services by playing consolidator in a crowded market. The company said on Thursday that it is acquiring Amelia AI, which makes an AI agent that businesses can customize for internal or customer use. […] © 2024 TechCrunch.

IT 274
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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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Warren Buffett now owns more T-bills than the Federal Reserve

CNBC: Investing

The Omaha, Nebraska-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter.

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Cboe to launch options on Cboe Volatility Index futures

The TRADE

Cboe Global Markets is set to launch options on Cboe Volatility Index (VIX) futures, with an expected date to commence trading on 14 October, subject to regulatory review. Rob Hocking Cboe currently offers securities-based VIX Index options, allowing investors to manage or gain exposure to broad US equity market volatility. The new options on VIX futures will offer a similar utility but will be based on front-month VIX futures.

Trading 115
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AI Considerations in Government Contract Related M&A Transactions

JD Supra: Mergers

As general interest and investment in AI has accelerated since the initial public launch of ChatGPT, so too has the U.S. federal government both increased its spending in the area and the speed with which it adopted guidelines on the utilization of AI more generally. This tracks other actions outside the U.S., and anticipates corresponding initiatives at the state and municipal levels.

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When a big company comes after a hot startup, it’s not a slam dunk decision to sell

TechCrunch: M&A

We spoke to Harness CEO and founder Jyoti Bansal about his previous company, which Cisco bought for $3.7 billion in 2017. © 2024 TechCrunch. All rights reserved. For personal use only.

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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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Investors want the Fed to save the market, but an emergency cut could make things worse

CNBC: Investing

A rate cut from the Federal Reserve could put more pressure on the "carry trade" with the Japanese yen, which is seen as a key reason stocks are falling.

Investors 137
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What’s Next in the U.S. Antitrust Cases Against Amazon, Apple, Google and Meta

The New York Times: Mergers, Acquisitions and Dive

The federal government has more lawsuits in the pipeline trying to rein in the tech giants, including another antitrust case against Google that goes to trial next month.

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The Download: Do I need to make money to go public?

JD Supra: Mergers

01 Do I need to make money to go public?02 A new M&A playbook in the age of AI03 Cyber enforcement forecast post-SolarWinds decision04 Cyber diligence for IPOs with Kroll’s CISO05 The Download Quiz: Venture capital trends from Europe.

IPO 187
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GrubMarket has acquired Good Eggs

TechCrunch: M&A

Sources with knowledge of the deal said it was an all-stock transaction that valued Good Eggs slightly above its previous valuation of $22 million. © 2024 TechCrunch. All rights reserved. For personal use only.

Valuation 239
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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 decision to sell stocks and raise record cash before sell-off sends wake-up call

CNBC: Investing

Many Buffett watchers view the accelerated sale of his top holdings as a pessimistic call on the markets as well as the economy.

Sale 145
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Why Google, Microsoft and Amazon Shy Away From Buying A.I. Start-Ups

The New York Times: Mergers, Acquisitions and Dive

Google, Microsoft and Amazon have made deals with A.I. start-ups for their technology and top employees, but have shied from owning the firms. Here’s why.

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FDIC Proposes Amendments to Its Change in Bank Control Act Regulations

JD Supra: Mergers

The proposal would establish stricter oversight of certain transactions and responds to concerns that large asset managers may be exerting influence on FDIC-supervised institutions. On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a Notice of Proposed Rulemaking to amend the agency’s regulations under the Change in Bank Control Act (the Proposal).

Banking 182
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After EU approval, UK clears HPE’s $14B Juniper Networks acquisition

TechCrunch: M&A

Hewlett Packard Enterprise's (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.'s Competition and Markets Authority (CMA) has confirmed that the deal won't face any further scrutiny. © 2024 TechCrunch. All rights reserved. For personal use only.

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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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Gold could end up being the best investment of 2024

CNBC: Investing

The gold trade has held up better than riskier asset classes in August and could benefit from Fed rate cuts in the months ahead.

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CNET Sold to Ziff Davis in Sign of Possible Media Deals to Come

The New York Times: Mergers, Acquisitions and Dive

Ziff Davis is acquiring CNET for more than $100 million. Its chief executive thinks more acquisitions are on the horizon.

Media 141
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State Street’s $7.45MM OFAC Penalty Highlights Importance of Sanctions in M&A Due Diligence

JD Supra: Mergers

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has released a $7.45 million penalty against State Street Bank and Trust Company and its non-bank, fintech subsidiary Charles River Systems for 38 apparent violations of the Ukraine/Russia-Related Sanctions Regulations, which occurred between December 2016 and May 2020.

M&A 182
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BNP Paribas VP joins Morgan Stanley as trader

The TRADE

Morgan Stanley has appointed Faousi Batouche as equity derivatives trader, based in New York. Batouche joins from BNP Paribas, having most recently served as a vice president, focused on equity derivatives structuring. Read more: Fireside Friday with… Morgan Stanley’s Maria Salamanca Mejia Prior to this, Batouche spent three and a half years at Goldman Sachs, joining as a senior analyst before being promoted to associate, focused on market risk.

Equities 105
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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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How a shuttered power plant in Michigan could pave the way for more nuclear energy

CNBC: Investing

The Palisades Power Plant in Covert, Michigan, could become the first nuclear reactor to restart operations in U.S. history.

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Investment platform Hargreaves Lansdown agrees £5.4bn takeover

The Guardian: Mergers & Acquisitions

Big payday for founders after offer by private equity consortium that means London stock market exit Hargreaves Lansdown has agreed a £5.4bn takeover by private equity suitors that will give hundreds of millions of pounds to its billionaire founders and result in the investment supermarket becoming the latest company to leave the London stock market.

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States Want in on the Merger Review Fun

JD Supra: Mergers

While they have long taken a back seat to federal merger reviews, US states are becoming increasingly involved in merger reviews, including potentially requiring premerger notifications on a broad scale. On July 24, 2024, the Uniform Law Commission adopted its Uniform Antitrust Pre-Merger Notification Act (Model Act) as model legislation for states to use to implement premerger filing regimes.

Mergers 177