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 268
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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 283
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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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The Baltimore Sun’s New Owner Has the Newsroom on Edge

The New York Times: Mergers, Acquisitions and Dive

The news that David D. Smith, the executive chairman of the conservative Sinclair Broadcast Group, had bought The Sun has generated alarm inside and outside the newsroom.

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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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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 144

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 276
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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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Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

The New York Times: Mergers, Acquisitions and Dive

The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread.

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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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'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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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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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 273
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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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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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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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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 145
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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 144
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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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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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Government reveals aim to make UK a ‘scaleup powerhouse’

Growth Business

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success The UK’s tech secretary, Michelle Donelan, has set out plans to make Britain a ‘scaleup powerhouse’ in her speech at co-working space Plexal. Setting out her plans for the UK in 2024, Donelan said a big part of this plan is to increase the number of tech unicorns in the UK to make up about 50 per cent of tech unicorns in Europe by 2030 – up from about a third today.

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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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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 133
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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 144
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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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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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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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Protecting your big ideas with intellectual property insurance

Growth Business

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success For many high-growth companies, a lot of the book value is based on intellectual property. These intangible ideas could be exceptionally valuable and underpin future growth and financial success – and they should be covered by intellectual property insurance. What is intellectual property insurance?

Insurance 110
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How Wi-Fi 7 Is About to Transform Business As We Know It

Cisco: M&A

Wireless acts as the front door to a network’s user experience. But with the multitude of wireless devices and things, sometimes the importance of that first impression gets lost.

IT 106
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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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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 134
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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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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 105