January, 2024

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Amazon’s $1.4B iRobot deal is dead. Now what?

TechCrunch: M&A

A year and a half after announcing its intention to acquire iRobot, Amazon’s deal is officially dead. All parties involved anticipated some level of regulatory scrutiny, but after a few decades of tech company consolidation, few expected this much friction. The deal had already passed through select international regulatory bodies, including the U.K.

IT 273
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An Expert Look at the 2023 Merger Guidelines

JD Supra: Mergers

Last month, the United States Department of Justice (DOJ) and Federal Trade Commission (FTC) issued the 2023 Merger Guidelines, a draft of which was published in July. During TransPerfect Legal’s Antitrust Clearance & Merger Enforcement conference held early this fall, a panel of esteemed antitrust lawyers commented on the guidelines and their likely impact on merger review proceedings.

Mergers 285
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Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes

The New York Times: Banking

The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.

S&P 145
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'Big Short' investor Steve Eisman worries 'everybody is coming into the year feeling too good,' sees room for disappointment

CNBC: Investing

Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.

Investors 145
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Top 3 Secrets to Staying Relevant with Gen Z

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. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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Open outcry: A renaissance?

The TRADE

Despite the indisputable decline in physical trading practices, it is enduring within an increasingly technological capital markets world which has already put innumerable out-dated practices out of fashion. Market opinion – and moves – suggest that mourning the death of open outcry  may be premature. Like the return of old Nokia’s and ‘dumbphones’ in the era of the smartphone, a hungering for print in the age of digital, and the comeback of the polaroid camera and vinyl, perhaps there’s just

Trading 130

More Trending

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Goodnotes acquires an AI-powered video summary startup as it looks beyond education

TechCrunch: M&A

London-based notetaking startup Goodnotes said today it is acquiring South Korean startup Dropthebit, which operates a meeting and video summary tool called Traw. With the acquisition, Goodnotes is looking to move beyond classrooms and explore making productivity tools for professionals. As part of the deal, all three co-founders of Dropthebit will move to Goodnotes.

Education 281
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What the U.S. Department of Justice’s new M&A safe harbor policy means for PE firms

JD Supra: Mergers

On October 5, 2023, Deputy Attorney General, Lisa Monaco, announced a new safe harbor policy for voluntary self-disclosures made in the mergers and acquisitions context. The safe harbor policy will apply Department-wide and so will apply to antitrust, corruption, fraud, money laundering, sanctions evasion, or any other type of potentially criminal conduct.

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A Hapless Robber, Exposed by a Cloud of Dye, Gets His Day in Court

The New York Times: Banking

Nobody disputed that the defendant had handed over a note demanding money — please — from a Newark bank. The only remaining question: How dangerous had he been, really?

Bank 143
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JPMorgan sees Tesla dropping another 30%, says falling profits don't support high valuation

CNBC: Investing

Analyst Ryan Brinkman cut JPMorgan's stock price target for Tesla to $130, which would imply about 30% downside from Thursday's close of $182.63.

Valuation 143
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Provide Real Value in Your Applications with Data and Analytics

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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Technology making up almost a quarter of banks’ overall expenditure as compliance demands mount, finds report

The TRADE

The largest investment banks globally have continually increased investment in technology over the last few years, with technology now accounting for 20% of these banks’ overall expenditure, a Coalition Greenwich report has found. The ‘corporate and investment banking: spending priorities’ report from Coalition Greenwich assessed the performance of the 12 largest corporate and investment banks (by revenue) globally since 2018, which comprised banks including: Bank of America, Deutsche Bank, JP M

Bank 119
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Sports Illustrated Thrown Into Chaos With Mass Layoffs

The New York Times: Mergers, Acquisitions and Dive

The company’s owner has been plunged into a maelstrom in recent weeks as its senior executives have been forced out.

IT 143
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SentinelOne acquires Peak XV-backed PingSafe for over $100 million

TechCrunch: M&A

SentinelOne’s deal to acquire PingSafe valued the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest deals emerging from India. The New York Stock Exchange-listed AI security firm disclosed the cash and stock deal last week, but didn’t reveal the financial […] © 2023 TechCrunch.

Stock 278
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Office of Health Care Affordability Adopts Final Cost and Market Impact Review Regulations for Health Care Transactions

JD Supra: Mergers

California’s new Office of Health Care Affordability recently adopted emergency regulations (“Final Regulations”) implementing the Health Care Market Oversight Program, required under California’s Health Care Quality and Affordability Act (“HCQAA”). HCQAA, which created the Office of Health Care Affordability (“OHCA”), requires “health care entities” to provide written notice of certain “material change transactions” to OHCA.

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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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How China Censors Critics of the Economy

The New York Times: Banking

As Beijing struggles with a slumping stock market and a collapsing real estate sector, commentary and even financial analysis it deems negative are blocked.

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How 'quiet luxury' is subtly taking over investor portfolios

CNBC: Investing

Quiet luxury was one of last year's biggest viral fashion trends, but unlike other short-lived fads, this one has made its way into investor portfolios.

Portfolio 143
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Nomura taps Jefferies for new head of flow credit for CEEMEA

The TRADE

Nomura has appointed Mouloud Ameni as head of flow credit for Central and Eastern Europe, Middle East and Africa (CEEMEA), alongside adding him to the global flow credit leadership council. Ameni will be London-based, reporting to Eric Pang, global head of flow credit, and Nat Tyce, head of global markets EMEA. He joins Nomura from Jefferies, where he held senior leadership positions, most recently serving as managing director for emerging markets (EM) credit trading.

Trading 116
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Leveraging a digital twin with machine learning to revitalize bridges

Cisco: M&A

As you drive across a bridge you might think of the impact it’s having on your commute, but have you ever considered the impact you’re having on the bridge itself?

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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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JDE Peet’s enters into a long-term global licence agreement to manufacture, market and sell Caribou-branded consumer and foodservice coffee products

Global Newswire by Notified: M&A

Press Release Amsterdam, 18 January 2024JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced it.

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Boeing’s Problems Started Long Before the Alaska Airlines Mishap

The New York Times: Mergers, Acquisitions and Dive

The aircraft company is paying the price for a shift in its corporate culture made decades ago.

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After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The New York Times: Banking

The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.

Sale 134
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Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500

CNBC: Investing

Billionaire investor Ken Griffin's various hedge fund strategists all posted double-digit returns for 2023, but they failed to beat the broader market.

S&P 144
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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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Crédit Agricole head of eFX spot trading departs for Nomura’s Laser Digital

The TRADE

Zakria Hussain has left Crédit Agricole, where she was most recently global head of eFX spot trading, to join Nomura Group’s digital assets subsidiary Laser Digital as head of OTC trading. She has also previously served as executive director, eFX algorithmic analyst at Crédit Agricole. Read more: Nomura’s Laser Digital invests in ClearToken to enhance institutional engagement with digital assets Prior to that, Hussain spent three and a half years at Standard Chartered Bank, having served as a

Trading 115
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Sustainability 101: What are smart grids?

Cisco: M&A

Do you feel a bit lost when people refer to certain environmental sustainability topics and aren’t sure where to start when it comes to learning more?

IT 111
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Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

Global Newswire by Notified: M&A

Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles.

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Judge Blocks JetBlue From Acquiring Spirit Airlines

The New York Times: Mergers, Acquisitions and Dive

The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.

Mergers 128
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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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Why Cut Rates in an Economy This Strong? A Big Question Confronts the Fed.

The New York Times: Banking

The central bank is widely expected to lower interest rates this year. But with growth and consumer spending chugging along, explaining it may take some work.

Bank 135
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Warren Buffett's Berkshire Hathaway keeps buying Liberty's SiriusXM tracking shares. Here's why

CNBC: Investing

In a likely merger arbitrage play, Berkshire Hathaway continues to add to its holding in Liberty Media tracking stock for satellite radio company SiriusXM.

Media 103
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Peel Hunt European platform goes live

The TRADE

UK-based investment bank Peel Hunt has gone live with its European platform as part of its commitment to growing its presence in the Bloc. The firm said the move “reinstated” its desire to facilitate the distribution of research, the trading of shares, and the promotion of investment banking deals into Europe. The new platform is based in Copenhagen and will be led by chief executive of Peel Hunt International and Peel Hunt Europe James Hipkiss.