Wed.Apr 24, 2024

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Nvidia acquires AI workload management startup Run:ai for $700M, sources say

TechCrunch: M&A

Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren’t being disclosed publicly, but two sources close to the matter tell TechCrunch that the price tag was $700 million. CTech reported earlier this morning the […] © 2024 TechCrunch.

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Proposed Regulations for Buyback Tax Hit LBOs, Preferred Stock but Spare Tier 1 Capital

JD Supra: Mergers

The government released proposed regulations this month implementing the excise tax imposed on repurchases of corporate stock that was enacted in 2022. Although these regulations provide some welcome clarity as to the scope of the tax and the procedures for calculating and paying it, they are likely to disappoint those who had hoped that the Treasury would exempt from the excise tax a number of transaction types that Congress may not have intended to target with the law.

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IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition

TechCrunch: M&A

With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses. © 2024 TechCrunch. All rights reserved. For personal use only.

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DOJ and FTC’s Aggressive Antitrust Enforcement Agenda Set to Continue

JD Supra: Mergers

There are five crucial areas of focus that will impact mergers, acquisitions and corporate governance going forward: New Hart Scott Rodino (HSR) rules are expected in weeks, not months.

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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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Non-Competes: FTC’s Final Rule Expands Sale of Business Carve-Out

Deal Lawyers

Yesterday, the FTC adopted a final rule banning most non-competes in a 3-2, party line vote. Like the proposed rule, the final version includes an exception for non-competes entered into in connection with the bona fide sale of a business. The carve-out is contained in Section 910.

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‘Thunder Run’: Behind Lawmakers’ Secretive Push to Pass the TikTok Bill

The New York Times: Mergers, Acquisitions and Dive

A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.

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Execution of Definitive Agreement to Acquire up to 67% of Giraffe Energy – Expansion of Orange Basin Platform in Namibia & Creation of Community Trust

Global Newswire by Notified: M&A

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“ Sintana ” or the “ Company ”) is pleased to announce that it has entered into a definitive agreement dated effective April 24 th , 2024 with Crown Energy (Pty) Ltd. (“ Crown Energy ”), a private Namibian company providing for the acquisition (the “ Acquisition ”) by the Company from Crown of up to 67% of the issued and outstanding shares of Giraffe Energy Investments (Pty) Ltd. (“ Giraffe ”).

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Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.

The New York Times: Mergers, Acquisitions and Dive

President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.

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Bank of America, Goldman Sachs CEOs hang onto their board chair hats

American Banker - Investment Banking

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.

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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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Tech companies are heavily exposed to China, putting gains at risk, Piper Sandler says

CNBC: Investing

Tech companies are especially vulnerable to any weakness in China, with semiconductor businesses notably generating more than 30% of their sales in the country.

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Beyond the Family Business: Lessons From Armani, and Why Exit Strategies Matter for Every Entrepreneur

Align Business Advisory Services

The recent news of fashion icon Giorgio Armani contemplating his exit strategy has sparked conversations around succession planning and the many ways in which it can manifest. While his nieces and nephew are currently on the board and could be considered likely candidates to take over the company when he retires, it’s unknown whether that’s. Read More » The post Beyond the Family Business: Lessons From Armani, and Why Exit Strategies Matter for Every Entrepreneur appeared first on Align BA

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Here's why this financial technology fund could break out during earnings season

CNBC: Investing

The Global X FinTech ETF looks attractive after a long period of underperforming the broader market, according to Wolfe Research.

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4 Financial Factors That Determine the Timing of Your Business Sale

Align Business Advisory Services

Deciding when to sell your business is a complex decision with financial considerations and market timing playing pivotal roles. In this article, we cover four key financial factors that can help business owners navigate the process of timing their business sale strategically. By understanding these elements and their implications, entrepreneurs can maximize the value of.

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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.

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Bank of America upgrades Tesla, says first-quarter report opens door for strong gains ahead

CNBC: Investing

Bank of America thinks Tesla's first-quarter results mark the start of a big turnaround.

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Retail Tech Deep-Dive: Meraki Switching

Cisco: M&A

Join us as we dive deeper into Cisco and Cisco partner technology deployed at the Cisco Store!

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Apple shares could be primed for a rebound, according to the charts

CNBC: Investing

Apple, the most important name in the stock market hasn't been acting like it recently. That could be about to change.

Shares 108
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Who Stands to Gain from a TikTok Ban

The New York Times: Mergers, Acquisitions and Dive

The Senate has finally passed a law that could bar the video-sharing app in the U.S., leaving some tech giants in pole position to profit — or pounce.

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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.

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Wells Fargo becomes bullish on this biotech company

CNBC: Investing

Wells Fargo believes the company's hyperplasia and depression treatments could each become over $1 billion opportunities.

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Who Stands to Gain from a TikTok Ban

The New York Times: Mergers, Acquisitions and Dive

The Senate has finally passed a law that could bar the video-sharing app in the U.S., leaving some tech giants in pole position to profit — or pounce.

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Greenlight's David Einhorn builds new stake in this gambling name. Here's what else he bought

CNBC: Investing

The hedge-fund manager revealed that he had built a midsized position in Penn Entertainment.

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BHP moves to buy Anglo American mining group

The Guardian: Mergers & Acquisitions

Raft of takeovers could follow as deal looks to create world’s biggest copper miner churning out 10% of global output London-listed miner Anglo American has received an all-share buyout offer from BHP Group, a deal that would create the world’s biggest copper miner churning out about 10% of global output. The deal, if agreed, could also trigger further transactions in the global mining industry, which has experienced a slew of mergers and acquisitions as firms review their assets to raise exposu

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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.

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Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and more

CNBC: Investing

These are the stocks posting the largest moves in premarket trading.

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Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed

The New York Times: Banking

European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.

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This payments stock appears to be bottoming. Using options to capitalize on potential gains

CNBC: Investing

The stock's recent strength and performance warrant a second look.

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Specialism ‘just as important’ as standardisation when considering multi-asset goals

The TRADE

Firms must walk the fine line between specialism and standardisation in order to access aggregate benefits across multi-asset trading, panellists argued at TradeTech Europe 2024. “Specialism is there because it gives you an edge. Standardisation is there because it allows you to scale well, run a larger footprint in terms of trading with less people, and make changes much easier,” noted one panellist.

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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.

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Meta's earnings report comes as 'Magnificent Seven' stock looks to return to all-time high

CNBC: Investing

After its most recent report, shares of the Facebook parent shot up 20%.

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Jefferies boss sells $65mn in stock to buy a customer’s yacht

Financial Times - Banking

Purchase shines light on wealth accumulated by longtime chief executive Rich Handler

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Not all dividend strategies are the same. How to choose the best one for you

CNBC: Investing

Investors Jenny Harrington and Kevin Simpson lay out their different strategies and their top dividend stocks.