Wed.Jun 14, 2023

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06-14-2023 Newsletter: Recruiting News from a Co-Founder

OfficeHours

Hey Guys — Rohit here — as I’m sure most of you know by now, I haven’t been as involved in the day-to-day intro calls as much as I once was nor have I been directly writing as much… Asif and I are genuinely lucky to be able to have OfficeHours Coaches really be the front face of the business these days. Honestly, we’ve been more focused on the macro level with OfficeHours making sure the ship is steering in the right direction while also helping out some of our higher-touch corporate clients w

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EU Foreign Subsidies Regulation: The European Commission’s New Powers of Investigation and Sanction

JD Supra: Mergers

Entered into force on Jan. 12, 2023, Regulation (EU) 2022/2560 of Dec. 14, 2022 — the foreign subsidies regulation, or FSR — allows the European Commission to address distortions in the EU market caused by foreign subsidies, in order to ensure a level playing field.

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Facebook & Fraud. The Customer isn’t always right

Global Banking & Finance

Facebook & Fraud. The Customer isn’t always right By Sumit Bansal, VP APAC at BlueVoyant Fraud scams across social media sites are soaring.

Media 105
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New Disclosure Requirements for Public REITs' Share Repurchases

JD Supra: Mergers

On May 3, the Securities and Exchange Commission (SEC) adopted final amendments that call for certain quantitative and qualitative disclosure requirements with respect to repurchases of an issuer’s equity securities that are registered under the Securities Exchange Act of 1934, as amended (the Exchange Act). The final amendments apply to all public real estate investment trusts (REITs) — including public non-traded REITs and REITs that are smaller reporting companies — that repurchase any of.

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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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Public Right to Access Court Documents

Deal Lawyers

John has blogged about the perils of emails & texts with books and records requests. Over on TheCorporateCounsel.net, Liz recently blogged about the quote that came out in connection with the SEC’s charges against Binance.

Business 100
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Private Equity Interest in Orthopedics Grows

JD Supra: Mergers

Compared to other medical fields like dentistry and dermatology, private equity involvement in orthopedic practices has been relatively small. But that’s been changing over the past few years and is likely to continue to grow moving forward. Please see full Publication below for more information.

More Trending

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EU Competition Law: New Horizontal Block Exemption Regulations and Horizontal Guidelines

JD Supra: Mergers

European Commission adopts the final version of the much-anticipated Research & Development Block Exemption Regulation and Specialisation Block Exemption Regulation, as well as the Horizontal Guidelines.

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DoubleLine’s Gundlach says the Fed will break something if it sticks to its rate-hiking path

CNBC: Investing

DoubleLine CEO Jeffrey Gundlach said the Fed could tip the economy into a recession if the central bank follows through on its rate-hiking path this year.

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Corporate dollar inflows boost rupee to a one-month high; gains 27 paisa

Business Standard - FInance

The Reserve Bank of India (RBI) has been active in the foreign exchange market in recent times and mopped up dollars to boost its foreign exchange reserves

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Overcoming the Three Hard Truths of Multicloud Security

Cisco: M&A

Recently, we’ve seen lots of activity and announcements around multicloud security – particularly network security (or the expanded view – secure cloud networking ).

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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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Analysts see more upside for Meta with price target hikes. Here's what the pros are saying

CNBC: Investing

Pros on CNBC discussed Meta after Piper Sandler raised the stock's price target amid more confidence in the social media company's AI strategy.

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India considers rule changes to bolster $731 billion insurance sector

Business Standard - FInance

Insurance penetration remains abysmally low at less than 5% in the country of 1.

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What's behind Tesla's record winning streak? Top analyst Adam Jonas has a theory

CNBC: Investing

Tesla shares are up 13 days in a row through Tuesday's close.

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Developed world slowdown to apply brakes on India's remittance inflows

Business Standard - FInance

Remittance growth rate: Growth in remittance flows into India to decelerate to 0.

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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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BTIG says SoFi is a top pick in fintech and can surge more than 45% as student loan payments resume

CNBC: Investing

Analyst Lance Jessurun said the firm a "long-term winner in the neobank space.

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Revolutionizing IOT to deliver an end-to-end solution

Cisco: M&A

Recently I was looking for some research around IOT to assist our partners to understand the gravity of the market opportunity for the next decade.

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These individual stocks have recently entered official bull market territory 

CNBC: Investing

Take a look at the individual stocks that have crossed bull market territory.

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Biggest fund manager in India expects rupee to end its five-year slide

Business Standard - FInance

The currency will probably strengthen to 80 per dollar by the end of the year, according to Namrata Mittal, chief economist at SBI Mutual Fund

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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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Citi says buy Albemarle, cites stabilizing lithium prices amid strong electric vehicle demand

CNBC: Investing

Analyst Patrick Cunningham said the lithium producer is a buy because of its long-term potential.

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US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report

Business Standard - FInance

The stake sale would likely be at an offer price range of 964.00 rupees to 977.

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Oracle says it's seeing 'exploding AI demand' and Deutsche Bank touts one stock as a big beneficiary

CNBC: Investing

The bank expects shares to rise nearly 8% over the next year.

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Walk a Mile in Their Shoes: Creating Awareness and Mutual Respect

Cisco: M&A

Words make Worlds. That’s why I’m continuing this blog series to raise awareness about the power of Inclusive Language. Having a sense of identity is critical to all of us.

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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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Investors are piling into these ETFs for a 'catch-up' trade — and it's paying off

CNBC: Investing

Funds with less exposure to the AI trade are starting to gain traction with investors.

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Senior citizen saving scheme vs bank FD: What is the right strategy for you

Business Standard - FInance

senior citizens with an investment horizon of 5 years, who are seeking regular income at quarterly intervals and/or wishing to save tax under Section 80C would find SCSS more attractive than bank FDs

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Piper Sandler hikes Meta price target, says investors can have confidence in Reels, A.I. strategy

CNBC: Investing

Analyst Thomas Champion maintained overweight-rated Meta continues to be his top pick in digital advertising.

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CBIC to assign risk rating to GST applications, taxmen to verify documents

Business Standard - FInance

In order to check fake GST registration, CBIC will assign a risk rating to all applications and tax officers will cross-verify the documents submitted by the applicants with municipal records. The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday issued instructions to field offices after it came to light during the ongoing two-month special drive that fraudsters have misused PAN and Aadhaar numbers of people to obtain GST registrations.

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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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Here are Wednesday's biggest analyst calls: Apple, Tesla, SoFi, ServiceNow, Meta, Netflix, Splunk and more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

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Fed Pauses Interest Rate Increases but Suggests More Are Ahead

The New York Times: Banking

Central bankers have raised rates at the fastest pace since the 1980s, but now they’re taking time to survey how the changes are working.

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Dave & Buster's is a strong buy that could jump 30%, Raymond James says

CNBC: Investing

Analyst Brian M. Vaccaro maintained his rating, and raised his price target, after the company's analyst day.

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Why is Net Working Capital Important in M&A?

Software Equity Group

If you’re selling your software business, it’s important to understand key financial variables that may impact the process. One such metric is net working capital (NWC). But when it comes to mergers and acquisitions, calculating NWC and determining a normalized level for the business can be much more nuanced than it appears on the surface. You might be surprised to find that prospective buyers have their own interpretation of what constitutes NWC.

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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?