Fri.Dec 08, 2023

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Microsoft and OpenAI tie-up faces ‘relevant merger’ scrutiny by UK regulator CMA

TechCrunch: M&A

The whirlwind management drama at OpenAI last month concluded with co-founder Sam Altman reinstated within a week of his surprise dismissal — and a much bigger role for Microsoft, which ended up with a seat on the board for the first time since investing billions into the startup earlier this year. That new, cosier relationship […] © 2023 TechCrunch.

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FTC Sues 7-Eleven for Acquisition Allegedly Violating Consent Order

JD Supra: Mergers

The FTC brought a lawsuit against 7-Eleven, Inc. and its parent company (together, “7-Eleven”) for allegedly violating an FTC consent order by acquiring a fuel outlet without providing prior notice to the Commission.

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AMD takes aim at Nvidia with new AI chips. Here’s what might be next for the stock

CNBC: Investing

The latest AI chips from Advanced Micro Devices may showcase the company's capabilities, but the chipmaker faces some obstacles ahead.

Stock 138
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Refonte des règles : Mise à jour de la Loi sur la concurrence du Canada

JD Supra: Mergers

Ce récent projet de réforme prévoit l’élargissement de la portée des dispositions civiles, le renforcement du cadre d’examen des fusions et diverses autres modifications. Le 28 novembre 2023, le gouvernement du Canada a proposé des modifications considérables et d’une grande portée à la Loi sur la concurrence (la « Loi »), lesquelles avaient été présentées dans son Énoncé économique de l’automne.

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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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Bernstein tech analyst's best idea for 2024 is to short Tesla

CNBC: Investing

Toni Sacconaghi said Tesla faces a demand problem due to a narrow range of expensive vehicles, the Model 3 and the Model Y.

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Prime brokerage: The intersection of challenge and opportunity

The TRADE

In prime brokerage there always seems to be two enthralling sides to the story: what’s going on with the client and what’s going on with the providers, and each continue to deliver unrivalled levels of drama-filled storylines in the post-2020 era. Following the height of Covid, we’ve had the memestock saga, the collapse of Archegos Capital and the war in Ukraine impacting the space in concurrent years as unprecedented events seem to have become the norm, driving market volatility in each of th

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These energy stocks are getting close to a feared 'death cross' as crude oil tumbles

CNBC: Investing

With upstream and downstream energy stocks tied in part to crude oil prices, many are following the price of the commodity lower.

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World Bank President Ajay Banga Addresses Climate Change

The New York Times: Banking

Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.

Bank 118
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This bank offers an industry-leading savings account yield above 5%

CNBC: Investing

The Federal Reserve's rate-hiking cycle has been great news for savers hoping to earn a little money on their cash.

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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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Cisco Partners and Purpose are Greater Together

Cisco: M&A

Last year, Cisco introduced Partnering for Purpose , where innovation and business goals with environmental, social, and governance (ESG) initiatives were highlighted to benefit partners and their… Read more on Cisco Blogs

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How to bet on a comeback in energy stocks while getting paid to wait

CNBC: Investing

The Energy Select Sector SPDR (XLE) is roughly down 5% in 2023 and seems to be approaching oversold conditions.

Stock 127
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H.I.G.-backed Hibu acquires Signpost’s software unit

PE Hub

Hibu is a provider of digital marketing solutions to local businesses in the U.S. The post H.I.G.-backed Hibu acquires Signpost’s software unit appeared first on PE Hub.

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Exxon Mobil is one of the most oversold names and could be primed for a bounce. Here are the others

CNBC: Investing

Investors broadly sold off energy shares as oil prices tumbled for the seventh straight week.

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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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Blackstone and Digital Realty partner in $7bn JV

PE Hub

Digital Realty is a cloud- and carrier-neutral data center, colocation and interconnection provider. The post Blackstone and Digital Realty partner in $7bn JV appeared first on PE Hub.

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Friday's analyst calls: Big solar upgrade, Morgan Stanley sees strong gains for this chipmaker

CNBC: Investing

A major call on a popular solar stock was in focus Friday.

Stock 143
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Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias

PE Hub

BlackRock-backed Influence Media scoops up Enrique Iglesias' music catalog. The post Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias appeared first on PE Hub.

Media 83
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“Dual Class”? How About “Dual Series”?

Deal Lawyers

Here’s a post I recently shared on TheCorporateCounsel.

IPO 111
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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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Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets

Global Newswire by Notified: M&A

SHANGHAI, China, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“Intchains,” “we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced it has entered into an asset acquisition agreement, or the Agreement, with a Singapore-based company, GOLDSHELL PTE.

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PE-backed Q taps Morrison as operations SVP and Holden as CFO

PE Hub

Qu is a Bethesda, Maryland-based restaurant tech company. The post PE-backed Q taps Morrison as operations SVP and Holden as CFO appeared first on PE Hub.

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Corporate insiders loaded up this week on these stocks

CNBC: Investing

Corporate insiders made the following bets on their company stock to rise.

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COP28 considers end to fossil fuels in move opposed by OPEC

Global Banking & Finance

COP28 considers end to fossil fuels in move opposed by OPEC By Kate Abnett, Maha El Dahan and Jake Spring DUBAI (Reuters) -OPEC is rallying its oil producing members to veto a proposed deal to phase out fossil fuels at the COP28 climate summit, highlighting deep divisions over the future of oil and gas.

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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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Here are Friday's biggest analyst calls: Apple, Tesla, Boeing, First Solar, Qorvo, Exxon, Meta, O'Reilly & more

CNBC: Investing

Here are Friday biggest calls on Wall Street.

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Mill Point-backed GlacierPoint picks up Cool River Beverages

PE Hub

GlacierPoint is a distributor of ice cream and other frozen products. The post Mill Point-backed GlacierPoint picks up Cool River Beverages appeared first on PE Hub.

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Corporate bond blocks continue to trade bilaterally, but future electronification should not be overlooked

The TRADE

Block trades continue to be executed primarily via phone and chat despite the growth of electronic trading across the corporate bond market over the last ten years, however the market is ripe for change according to a new study by Coalition Greenwich. Their findings suggest that only 10% of buy-side block trades – those with a notional value of $5 million or more for investment grade and $1 million or more for high yield – are currently executed electronically.

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Coastal Amusements snags investment from Surge Private Equity

PE Hub

CoView Capital acted as sole advisor to Coastal. The post Coastal Amusements snags investment from Surge Private Equity appeared first on PE Hub.

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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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How Cisco Black Belt Academy Learns from Our Learners

Cisco: M&A

Cisco Black Belt Academy offers the latest in technology enablement to our partners, distributors, and Cisco employees.

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Capstreet scoops up software provider PlanetBids

PE Hub

PlanetBids was founded in 2000 by Alan and Arpie Zavian. The post Capstreet scoops up software provider PlanetBids appeared first on PE Hub.

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Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season

Global Banking & Finance

Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season By Rob Nardelli, Director of Commercial Banking, DailyPay As the holiday season approaches, unfortunately, so do additional bills associated with the fun and merriment. Paying bills late is a costly problem for millions of Americans. Half of U.S.

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