Wed.Jan 31, 2024

article thumbnail

Podcast app Castro now owned by indie developer Bluck Apps

TechCrunch: M&A

Nearly two months after Castro, the third-party podcast app, announced it was seeking new ownership, the company revealed today that it has officially been bought by Bluck Apps, an independent app studio that developed Android podcast app Aurelian. In November, Castro’s future was questioned when a former employee, Mohit Mamoria, posted on X that the […] © 2024 TechCrunch.

IT 243
article thumbnail

SEC Adopts Final Rules Enhancing Disclosures and Providing Additional Investor Protections Related to SPACs

JD Supra: Mergers

Nearly two years after first proposing new rules related to special purpose acquisition companies (SPACs), the U.S. Securities and Exchange Commission (SEC) has adopted final rules aimed at enhancing investor protections in initial public offerings by SPACs and in subsequent de-SPAC transactions. The final rules require new enhanced disclosure requirements related to SPACs, and include new procedural protections in de-SPAC transactions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Non-Competes: Del. Supreme Court Upholds Forfeiture for Competition Provision

Deal Lawyers

Recent Delaware case law addressing non-competes has been decidedly unfavorable to those attempting to enforce them, but a new Delaware Supreme Court decision suggests that there may be more room to maneuver when a non-compete covenant isn’t used to preclude future employment, but instead as a condition to an obligation to make future payments to […]

120
120
article thumbnail

FinCEN Publishes Updated FAQs to Assist in Reporting Compliance

JD Supra: Mergers

The Financial Crimes Enforcement Network (“FinCEN”) recently published updates to its list of Frequently Asked Questions (“FAQs”) to assist entities in complying with the beneficial ownership reporting requirements of the Corporate Transparency Act (“CTA”).

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

Ether takes center stage as bitcoin heads into one of its strongest months

CNBC: Investing

Ether is ready to take the limelight in the month ahead after bitcoin and newly launched bitcoin ETFs dominated crypto investor attention in January.

IT 111

More Trending

article thumbnail

Achieving Operational Simplicity with a Network Platform Approach

Cisco: M&A

For today’s IT teams, managing distributed users, devices, applications, and workloads is not an easy task—especially when these disparate elements often connect across multiple infrastructures, as we… Read more on Cisco Blogs

article thumbnail

Constrained Markets Drive Creative Continuation Vehicle Solutions but Conflict Challenges Remain

JD Supra: Mergers

Deals require more transactional, advisory, and regulatory experience in the increasingly complex continuation vehicle market. As the GP-led secondary market continues to evolve and reacts to new SEC rules and growing regulatory focus, deal teams are required to navigate an increasingly complex range of issues.

Advisory 165
article thumbnail

Walmart just split its stock. History shows what will happen next with the megacap

CNBC: Investing

Stocks tend to outperform after a stock split announcement, even though the moves shouldn't change a company's fundamental outlook.

Stock 103
article thumbnail

China Adopts New Merger Control Filing Thresholds

JD Supra: Mergers

On January 26, 2024, the State Council of China adopted new merger filing thresholds by promulgating the amended Provisions of the State Council on Thresholds for Prior Notification of Concentration of Undertakings (the Amended Thresholds). The Amended Thresholds took effect upon release and mark the first major revision to the State Administration for Market Regulation's (SAMR’s) notification thresholds since 2008.

Mergers 165
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

50 years of history tell you to buy gold when the Fed cuts rates, says Bernstein

CNBC: Investing

The Federal Reserve is poised to cuts interest rates this year and historically, that has been good for gold, according to Bernstein.

101
101
article thumbnail

Selling a business in the current high-deal volume environment

JD Supra: Mergers

Selling a business in any environment can be challenging when planning is not addressed early in the M&A process. The challenges are heightened in the current environment where buyers are looking at multiple potential deals simultaneously, expecting to close as efficiently as possible before moving on to the next opportunity. With the proper planning conducted by sellers before even identifying a buyer, however, a sale transaction can be relatively smooth and maximize value to the seller.

Business 165
article thumbnail

CD&R invests in Foundation Building Materials

PE Hub

FBM's existing backer American Securities will continue to own a majority stake in FBM. The post CD&R invests in Foundation Building Materials appeared first on PE Hub.

article thumbnail

New HSR Act Size-of-Transaction Increasing to $119.5 Million; Filing Fee Increases Going Into Effect Soon

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) published its adjusted reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The FTC revises the HSR Act thresholds annually to track year-over-year changes in gross national product.

Trading 165
article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

EIB Investment Survey 2023 - Spain overview

European Investment Bank

This unique insight into the corporate investment in Spain examines companies' finance needs and the constraints they face. The 2023 edition also provides insight into the pressing issues facing firms, such as climate change, high energy costs and the green transition. The survey, which has been administered since 2016, covers about 13 000 firms across the European Union, including a small sample of US firms.

article thumbnail

FTC Announces HSR Threshold and Filing Fee Increases for 2024 Transactions

JD Supra: Mergers

The size-of-transaction threshold under the Hart-Scott-Rodino Act will increase to $119.5 million, and the largest filing fee will increase to $2.335 million. As a result of the increase in the U.S. Gross National Product (GNP) for 2023, the Federal Trade Commission (FTC) has announced an increase in the jurisdictional filing thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR).

Trading 159
article thumbnail

Walmart's stock split only shows how rare they've become in the past 20 years

CNBC: Investing

Walmart's decision to split its stock 3-for-1 revives an old debate: when is the right time to split a stock?

Stock 106
article thumbnail

DAMITT 2023 Annual Report: Minding the Gap in Merger Enforcement

JD Supra: Mergers

Only 12 significant merger investigations concluded in 2023—a drop of 40 percent from just last year and by far the lowest in DAMITT history. This observed and verifiable drop sharply contrasts with recent reports that Biden’s enforcers are setting new record highs for merger challenges.

Mergers 159
article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

BlackRock invests in pediatric dental support firm Lone Peak Dental Group

PE Hub

Lone Peak was founded in 2003 and has 69 offices spanning 13 states. The post BlackRock invests in pediatric dental support firm Lone Peak Dental Group appeared first on PE Hub.

article thumbnail

Top 11 employment provisions in M&A agreements

JD Supra: Mergers

In mergers and acquisitions, both the seller and the buyer may need to include employment-related provisions in the M&A documentation. We have gathered together the most frequent and significant employment provisions for these types of transactions.

M&A 159
article thumbnail

Bain Capital finds unique qualities in consumer sector with Fogo de Chão and 1440 Foods

PE Hub

'We're not afraid of complexity and we like being a bit contrarian,' says Bain's Adam Nebesar. The post Bain Capital finds unique qualities in consumer sector with Fogo de Chão and 1440 Foods appeared first on PE Hub.

Food 83
article thumbnail

New Chinese merger control thresholds take effect

JD Supra: Mergers

On 26 January 2024, the State Administration for Market Regulation (SAMR) finally published the Regulation of the State Council on the Threshold for Notification of Concentration of Business Operators (Final Thresholds Regulation), with immediate effect. SAMR had consulted publicly on a Draft Amended Regulation of the State Council on the Threshold for Notification of Concentration of Business Operators (Draft Thresholds Regulation) in June 2022.

Mergers 159
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

Charlesbank Capital Partners wraps up third credit fund at $1.5bn

PE Hub

Charlesbank Credit Opportunities Fund III's LPs include public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high-net-worth individuals. The post Charlesbank Capital Partners wraps up third credit fund at $1.5bn appeared first on PE Hub.

Funds 83
article thumbnail

HL Noodles: A digestible portion of thought with a small side of levity

JD Supra: Mergers

We are pleased to introduce HL Noodles, our new monthly series focusing on concise and pithy thought pieces at the intersection of antitrust, philosophy, and economics. Please join us at the end of each month for another serving.

Economics 159
article thumbnail

New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector

Global Banking & Finance

New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector By Luigi Wewege, President, Caye International Bank The emergence of blockchain technology and decentralized finance (DeFi) represents a significant shift in most financial operations.

Finance 89
article thumbnail

Axinn Antitrust Insight: FTC Announces Revised HSR Thresholds for 2024

JD Supra: Mergers

Each January, the Federal Trade Commission announces the new thresholds for premerger notifications under the HSR Act, which are updated each year based on changes in the gross national product. This year's updated thresholds will come into effect 30 days after the FTC publishes the new thresholds in the Federal Register. The FTC has also announced modest inflation-based adjustments to the applicable HSR filing fees.

Trading 159
article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Cisco and Hitachi Vantara Simplify Hybrid Cloud Adoption with New IaaS and Flexible Consumption Options

Cisco: M&A

The goal of any technology or engineering team is to build products that make life easier for their end-users. That’s especially true in the world of IT.

article thumbnail

The SEC Adopts New Rules for SPACs

JD Supra: Mergers

On January 24, 2024, the U.S. Securities and Exchange Commission (“SEC”) adopted new rules governing initial public offerings (“IPOs”) of special purpose acquisition companies (“SPACs”) and subsequent combinations between SPACs and target operating companies (“de-SPAC transactions”). The SEC’s original proposals in March 2022 generated substantial public comment.

article thumbnail

PGA Tour Raises $1.5 Billion From Group of U.S. Investors

The New York Times: Mergers, Acquisitions and Dive

The move, which involves the Fenway Sports Group, raises questions about whether a deal to combine forces with Saudi Arabia’s sovereign fund is still necessary.