Sat.Aug 17, 2024 - Fri.Aug 23, 2024

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The banks that loaned Musk $13B to buy Twitter might be having regrets

TechCrunch: M&A

X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. According to the […] © 2024 TechCrunch.

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Compliance Lessons on Mergers and Acquisitions from Star Trek: The Ultimate Computer

JD Supra: Mergers

Last month, I wrote a blog post on the tone at the top, exemplified in Star Trek’s Original Series episode, Devil in the Dark. Based on the response, some passionate Star Trek fans are out there. I decided to write a series of blog posts exploring Star Trek: The Original Series episodes as guides to the Hallmarks of an Effective Compliance program set out in the FCPA Resources Guide, 2nd edition.

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Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech

The New York Times: Banking

Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.

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7-Eleven Is a Hard Target for Couche-Tard to Land in Takeover Bid

The New York Times: Mergers, Acquisitions and Dive

Convenience stores are a part of the country’s culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan.

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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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AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

TechCrunch: M&A

AMD is acquiring ZT Systems, which provides compute design and infrastructure for AI, cloud and general purpose computing, for $4.9 billion. © 2024 TechCrunch. All rights reserved. For personal use only.

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Traders are confident Nvidia stock will rise after earnings, according to options market

CNBC: Investing

Nvidia is set to report its latest results Aug. 28, and the numbers could serve as a gut check not only for the chipmaker, but also for the entire stock market.

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7-Eleven Gets Takeover Bid From Canada’s Alimentation Couche-Tard

The New York Times: Mergers, Acquisitions and Dive

Japan’s Seven & i Holdings, which operates 85,000 stores, said it had received a bid from the Canadian convenience store chain Alimentation Couche-Tard.

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Two incident management startups join forces as FireHydrant nabs Blameless

TechCrunch: M&A

FireHydrant, an NYC incident management startup that launched in 2019, announced on Wednesday that it has acquired Blameless, a former competitor. The companies did not share the purchase price. Both companies help SREs (site reliability engineers) deal with the daunting job of keeping software and websites up and running. When things go wrong, they help […] © 2024 TechCrunch.

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What Is an Assignment for the Benefit of Creditors and How Does It Differ From a Bankruptcy? - Creditor’s Rights Toolkit

JD Supra: Mergers

An assignment for the benefit of creditors (ABC) is a process by which a financially distressed company (referred to as the assignor) transfers its assets to a third-party fiduciary (referred to as the assignee). The assignee is responsible for liquidating those assets and distributing the proceeds to the assignor's creditors, pursuant to the priorities established under applicable law.

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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.

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The explosion of online sports betting is taking a toll on how people invest

CNBC: Investing

While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.

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Lynch Yacht Sinking Off Sicily Proves as Baffling as It Is Tragic

The New York Times: Mergers, Acquisitions and Dive

As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly.

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Zomato buys Paytm’s entertainment ticket business for $244 million

TechCrunch: M&A

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out” offerings. The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

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State AGs Say Kroger-Albertsons Merger Will Increase Grocery Market Competition

JD Supra: Mergers

As litigation to block the proposed Kroger-Albertsons merger wages on at the state and federal level, four state attorneys general (AG) have jumped into the fray in support of the merger as the cases heat up on all fronts.

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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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Berkshire Hathaway's new stock pick Ulta Beauty is a classic value play after a 30% sell-off

CNBC: Investing

Many view Berkshire's Ulta buy as a classic value bet after the stock suffered a big sell-off this year amid slowing demand and increased competition.

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Edgar Bronfman Jr. Submits Bid for Paramount

The New York Times: Mergers, Acquisitions and Dive

The offer by Edgar Bronfman Jr. comes days before a crucial deadline in the scramble to acquire control of Paramount.

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Founder’s Five: Lewis Johnson, Alelo

Tyton Partners

Founder’s Five is a continuing series from Tyton Partners that invites education company founders to shed light on their own success and illuminate the landscape for other education entrepreneurs and investors by answering five basic questions. Dr. W. Lewis Johnson founded Alelo to better prepare individuals for challenging conversations, acquire knowledge, develop new skills, and improve their performance.

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California’s Bill Increasing Regulations on Private Equity Health Deals

JD Supra: Mergers

California is looking to take the lead on regulating private equity deals in the health care space by introducing bill AB 3129, which requires private equity groups or hedge funds to receive the state attorney general’s approval before purchasing a health care entity. At present, California’s proposal is the most extensive state legislation that seeks to regulate health care industry transactions in the U.S. and may encourage other states to establish similar legislation.

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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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How the Inflation Reduction Act sparked a manufacturing and clean energy boom in the U.S.

CNBC: Investing

The IRA has had a transformative impact on U.S. manufacturing, according to the Rhodium Group.

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Myth-Busting Assurance: Device-Centric vs. Service-Centric and Why Both Are Key

Cisco: M&A

This blog compares user experience insights offered by device-level vs. service-level assurance. Learn which approach to assurance can help you gain a valuable customer-centric view.

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Eik fasteignafélag hf.: Fyrirhugað yfirtökutilboð í hlutabréf Eikar fasteignafélags hf.

Global Newswire by Notified: M&A

Eik fasteignafélagi hf. hefur borist meðfylgjandi tilkynning um fyrirhugað yfirtökutilboð Langasjávar ehf. í allt hlutafé Eikar fasteignafélags hf.

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What You Should Know: Q&A Covering the Hart-Scott-Rodino Antitrust Improvements Act Of 1976, 15 U.S.C. § 18a

JD Supra: Mergers

What is the Hart-Scott-Rodino (HSR) Act? The HSR Act revamped the Federal government’s review of mergers and acquisitions to require premerger notification of transactions of a certain size and character and implemented a waiting period prior to consummating the transactions.

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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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Goldman says buy Nvidia with conviction, earnings to top Street next week

CNBC: Investing

Goldman Sachs is staying bullish on Nvidia ahead of the chipmaker's second-quarter earnings report next week.

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El hundimiento del yate de Mike Lynch es tan desconcertante como trágico

The New York Times: Mergers, Acquisitions and Dive

Mientras recuperaban los cuerpos, las autoridades y los expertos se preguntaban cómo una embarcación de 40 millones de dólares, estable y segura, podía haberse hundido tan rápido.

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The AI Revolution: Transforming Technology and Reshaping Cybersecurity

Cisco: M&A

Discover how AI is revolutionizing government operations, enhancing public services, and reshaping cybersecurity. Discover how AI is revolutionizing government operations, enhancing public services, and reshaping cybersecurity.

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The Entrepreneurs Report – 1H 2024

JD Supra: Mergers

In this latest issue of The Entrepreneurs Report, we’ve compiled a range of data on venture, convertible note, and SAFE financing transactions in which the firm was involved during the second quarter of 2024, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general.

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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?

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Crypto asset managers look past the next big coin to diversify portfolios

CNBC: Investing

You can forget about a Solana ETF alone. The next step in crypto asset management goes beyond identifying the next big coin.

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A Standoff at Libya’s Central Bank Shows Cracks in Country’s Political Stability

The New York Times: Banking

The country has settled into a tense east-west divide, but turmoil around the central bank, which handles Libya’s oil riches, has worsened a fraying, fragile political setup.

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Transforming underserved communities and fostering sustainable growth through entrepreneurial endeavors

Cisco: M&A

This World Entrepreneurs Day, discover how Cisco's non-profit partners Agora Partnerships, Bridge International, Centro Community Partners, Defy Ventures, and others are empowering underserved communities and fostering sustainable growth.