November, 2024

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OpenAI acquired Chat.com

TechCrunch: M&A

OpenAI bought Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to OpenAI’s AI-powered chatbot, ChatGPT. An OpenAI spokesperson confirmed the acquisition via email. Chat.com is one of the older domains on the web, having been registered in September 1996. Last year, it was reported that HubSpot co-founder […] © 2024 TechCrunch.

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Japan 2024 Proxy Season

JD Supra: Mergers

Summary of June 2024 Annual General Shareholder Meeting Season Shareholder Proposals - - While the total number of shareholder proposals is comparable to the June 2023 general meeting season, the number of companies receiving proposals remains at a sustained high level in comparison with a few years ago. - In addition to balance-sheet proposals, the number of governance proposals from activists is on the rise. - Shareholders continue to exhibit harsh judgment on executives of.

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To Zoom Or Not To Zoom? That Is The Question

H. Friedman Search

As we move from the post-COVID era to a time of more normalcy, I have to ask myself the question: are we over Zooming when it comes to the hiring process? When there was no safe way to hire people in this new world of remote workers, Zoom was the only way to keep the process moving forward. But is it now? Initial Meeting: Quick & Cost I must share my personal thoughts on the world of Zoom meetings.

Finance 206
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The Onion Buys Alex Jones’s Infowars Out of Bankruptcy

The New York Times: Mergers, Acquisitions and Dive

The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.

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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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Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows

CNBC: Investing

The fortunes of the nuclear industry have shifted dramatically this year as tech companies seek carbon-free power to meet the electricity consumption of AI.

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Printful and Printify ink a merger deal

TechCrunch: M&A

Two veteran European companies in the world of on-demand printing are merging, and you may have not even realized they were separate companies to begin with. Printful and Printify, both startups with Latvian roots providing custom printing services, are coming together as a single company. They are framing the move as a natural fit to […] © 2024 TechCrunch.

Mergers 295
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Why Korea Is Gaining Prominence for M&A Activity

JD Supra: Mergers

Korea, known for its rich culinary heritage, fascinating history, and renowned hospitality, has long rendered Seoul a favored travel destination. Today, it stands not only as a cultural and historical beacon but also as a vibrant hub for global business, mergers, and acquisitions. With a deep base of well-established and diversified global industrial conglomerates, Seoul is a hotbed for outbound and inbound business, with many countries jostling for its attention.

M&A 278
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Identity-centric SASE with Cisco SD-WAN and Microsoft’s Security Service Edge Solution

Cisco: M&A

Explore how Cisco Catalyst SD-WAN and Microsoft's SSE integration enhance security, performance, and management for hybrid work. Discover seamless solutions for modern networking challenges and enjoy your first year free!

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Substack’s Bet on Politics Newsletters Leads to Subscriber Growth

The New York Times: Mergers, Acquisitions and Dive

The newsletter start-up, which once drew an overture from Elon Musk, is betting on politics content and recruiting stars. But profits remain elusive.

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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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Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy's playbook

CNBC: Investing

The board of Acurx Pharmaceuticals has approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.

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Recursion and Exscientia, two leaders in the AI drug discovery space, have officially combined to advance the industrialization of drug discovery

Global Newswire by Notified: M&A

SALT LAKE CITY, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The business combination of two AI-powered drug discovery and development companies, Recursion (Nasdaq: RXRX) and Exscientia has been completed, with Exscientia becoming a wholly owned subsidiary of Recursion creating a vertically-integrated and technology-enabled drug discovery platform. Exscientia ADSs (Nasdaq: EXAI) ceased trading and will be delisted from Nasdaq.

Trading 91
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Red Hat is acquiring AI optimization startup Neural Magic

TechCrunch: M&A

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somerville, Massachusetts-based Neural Magic in 2018, inspired by their work in high-performance […] © 2024 TechCrunch.

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The State AG Report – 11.14.2024

JD Supra: Mergers

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •State AGs and DOJ Sick Over Planned Health Care Merger - •Former State Delegate Jones Launches Bid for VA AG - •Arkansas AG Beefs Up Cyber Enforcement Staff; Anchor Joins Kentucky AG Office - •Illinois Settles with DoorDash Over Tipping Practices -.

Mergers 196
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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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New AI-Driven Semantic Search and Summarization

Cisco: M&A

In today’s fast-paced digital landscape, finding precise and relevant information is crucial. At DevNet, we continuously innovate to enhance the user experience and streamline how our users interact with our platform.

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Spirit Airlines Files for Bankruptcy

The New York Times: Mergers, Acquisitions and Dive

The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.

Mergers 137
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Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day

CNBC: Investing

The Baron Capital chair and CEO first invested $400 million in Tesla between 2014 and 2016, and he said the early bet has made him $6 billion so far.

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Foreclosures in China Soar, Threatening to Choke Off Bank Profits

The New York Times: Banking

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.

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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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JobGet, a ‘LinkedIn’ for hourly workers, acquires rival Snagajob

TechCrunch: M&A

If you’re an hourly worker, the number of go-to options you have for finding new jobs is shrinking a little. JobGet, a Boston-based startup that operates an hourly job-hunting site with social features built in, à la LinkedIn, is acquiring Snagajob, one of its rivals in the U.S. market. JobGet claims this will make it […] © 2024 TechCrunch.

IT 219
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European Antitrust Bimonthly Bulletin – September/October 2024

JD Supra: Mergers

The "European Antitrust Bimonthly Bulletin" breaks down the major antitrust developments in Europe during the past two months into concise and actionable takeaways.

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The DÉKUPLE Group expands internationally with a majority stake in GUD.berlin

Global Newswire by Notified: M&A

The DÉKUPLE Group expands internationally with a majority stake in GUD.berlin Paris, November 6, 2024 (8:00 am) - The DÉKUPLE Group, a leader in.

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How FTC Chair Lina Khan Became an Election Hot Topic

The New York Times: Mergers, Acquisitions and Dive

The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.

Trading 126
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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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Warren Buffett's Berkshire Hathaway takes a stake in Domino's Pizza

CNBC: Investing

The Omaha-based conglomerate bought more than 1.2 million shares of the pizza chain for a stake worth about $550 million at the end of September.

Shares 144
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Cisco and Our Partners: Moving Forward as One

Cisco: M&A

Celebrate the future of technology from Partner Summit 2024! Discover the Cisco 360 Partner Program and One Cisco initiative, empowering partners to drive AI transformation and deliver unparalleled customer outcomes.

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BitSight buys dark web security specialist Cybersixgill for $115M

TechCrunch: M&A

More consolidation is afoot in the world of cybersecurity. BitSight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a majority stake in the business in 2021, is acquiring Cybersixgill for $115 million. Boston-based BitSight’s focus is cyber risk management. It works with enterprises to assess their risk profiles and specifically […] © 2024 TechCrunch.

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What Is the FTC "Merger Portal?"

JD Supra: Mergers

At the Federal Trade Commission's (FTC) open meeting this month, agency staff and commissioners discussed the recently launched " Merger Portal." The portal is available on the FTC's website and provides the public with an additional method of communicating opinions and facts regarding mergers to the agency.

Mergers 177
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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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The TRADE announces the Rising Stars of Trading and Execution North America for 2024

The TRADE

The TRADE is excited to announce the Rising Stars of Trading and Execution North America for 2024 – a celebration of up-and-coming talent on the buy-side. This year, The TRADE celebrated 10 years of the Rising Stars of Trading and Execution initiative, and we are delighted to be extending the initiative to North America! The inaugural celebration will take place at the Leaders in Trading New York awards ceremony, to be held at Current, Pier 59, Chelsea Piers in New York City on 19 November

Trading 105
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Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The New York Times: Mergers, Acquisitions and Dive

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.

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Stanley Druckenmiller piled into regional banks and made this healthcare stock his biggest bet

CNBC: Investing

The billionaire investor bought $115 million worth of shares in SPDR S&P Regional Banking ETF (KRE) in the third quarter, making it his seventh biggest holding.

S&P 119