Sat.Dec 02, 2023 - Fri.Dec 08, 2023

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Navigating M&A Post Closing Disputes: Insights into Strategic Acquisitions

JD Supra: Mergers

Mergers and acquisitions (M&A) have been common in the U.S. and global economy for over a century and are undertaken to accomplish a range of economic objectives by deal participants. Within the subset of M&A that are acquisitions, buyers are bifurcated into two primary categories defined by the motivation for the acquisition: financial versus strategic.

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Doubtnut, once offered a $150M deal by Byju’s, sells for $10M

TechCrunch: M&A

Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of fortune for the once promising edtech leading app. The two firms confirmed the deal on Monday, but declined to share financial terms of the acquisition. Seven-year-old Doubtnut, […] © 2023 TechCrunch.

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Inside Tips From A Professional Recruiter: Timing

H. Friedman Search

Timing: Your Worst Enemy Or Your Best Friend As we continue with recruiter tips to make your 2024 even stronger, I thought about the total concept of timing and how it reflects on hiring. As time dictates, timing can be your best friend or your worst enemy. I am not talking about when you take a job in the year or the timing of your move based on when a bonus is delivered.

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How Elon Musk and Larry Page’s AI Debate Led to OpenAI and an Industry Boom

The New York Times: Mergers, Acquisitions and Dive

The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it. Then distrust fueled a spiraling competition.

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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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A View from Abroad: Unpacking DOJ’s M&A Safe Harbor Policy, Part II

JD Supra: Mergers

On October 4, 2023, United States Deputy Attorney General (DAG) Lisa Monaco announced a new Department of Justice (DOJ) Mergers & Acquisitions Safe Harbor policy that encourages companies to self-disclose criminal misconduct discovered by an acquiring company during the acquisition of a target company. Under the policy, the acquiring party will receive a presumption of….

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Buying property in Asia? Real estate specialists give their investment tips

CNBC: Investing

It's a good time for homeowners in Hong Kong to buy now, but investors hunting for yield might want to think twice, says Peter Churchouse of Portwood Capital.

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Xi Jinping Is Asserting Tighter Control of Finance in China

The New York Times: Banking

The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.

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A New Era for Canadian Competition Law: Landmark Proposed Changes to the Competition Act Announced

JD Supra: Mergers

The government announced significant additional amendments to Canada’s Competition Act in late November 2023, building on those already under consideration by Parliament in Bill C-56 and others enacted in 2022. More specifically, the Fall Economic Statement Implementation Act, 2023 (FES Implementation Act) contains the proposed amendments previewed in the Fall Economic Statement and outlined in our recent bulletin.

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Dollar gains back ground on rate bets; bitcoin breaches $42,000

Global Banking & Finance

Dollar gains back ground on rate bets; bitcoin breaches $42,000 By Hannah Lang and Harry Robertson WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S.

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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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GameStop's potential new strategy: Let Ryan Cohen buy other stocks with company cash

CNBC: Investing

The Chewy co-founder and investor is gaining even more power at GameStop, which was at the center of the meme stock craze of 2021.

Stock 145
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A C.E.O. Who Resigned in Scandal Now Wants More Money

The New York Times: Banking

Timothy J. Sloan was criticized for failing to clean up Wells Fargo’s troubled culture when he headed the bank. He says in a suit that he’s owed at least an additional $34 million.

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DOJ Spotlights Voluntary Self Disclosure in M&A as it Adapts to New National Security Threats

JD Supra: Mergers

The past few months have seen numerous high-profile enforcement actions highlighting an increasing trend, what Deputy Attorney General Lisa Monaco called “the biggest shift in corporate criminal enforcement that I’ve seen during my time in government: the rapid expansion of national security-related corporate crime.” From the first-ever criminal resolution for sanctions violations from illicit sales and transport of Iranian oil by Suez Rajan Ltd. to guilty pleas and $4.3 billion in penalties by.

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Trading Technologies bolsters senior leadership team with three new additions

The TRADE

Trading Technologies (TT) has made three new appointments to its senior leadership team, including chief operating officer; executive vice president of fixed income; and executive vice president of futures and options – all of which will join the firm on 1 January 2024. Justin Llewellyn-Jones has been appointed chief operating officer (COO), joining from Broadridge where he most recently served as chief product officer and head of capital markets, North America (equities, FX and derivatives).

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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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BlackRock's Rick Rieder sees first rate cut in mid-2024, thinks market is pricing in easing too soon

CNBC: Investing

BlackRock's Rick Rieder thinks the Federal Reserve should start enacting small rate cuts in the middle of 2024, later than the current market pricing suggests.

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The battle for better: Mobile apps in wealth management

Accenture Capital Markets

Our recently published Asia wealth management repor t focuses on two crucial areas for firms: relationship manager (RM) productivity, which my first blog examined; and the importance of mobile as a channel, which this blog covers. Let’s start with a sobering finding from our research: Just 47 percent of the more than 3,521 wealth management clients we surveyed for our report across ten markets in Asia are satisfied with their firm’s mobile offering.

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Australian merger control reform proposals set to affect deal?making

JD Supra: Mergers

The Australian Treasury has released a paper to begin consultation on potential merger control reform. If implemented, the proposed reforms would transform Australia’s voluntary, non-suspensory merger control system – with the number of notifiable transactions, upfront information requirements, and the risk of regulatory intervention likely to increase.

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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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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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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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The Power of Purpose

Cisco: M&A

Today we released our annual Purpose Report , which reflects and celebrates the past year’s work towards Powering an Inclusive Future for All—the progress we’ve made against our goals, and the people a… Read more on Cisco Blogs

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Australian Government consults on merger reform

JD Supra: Mergers

The Australian Government has commenced consultation on options to reform Australia's merger regime, including a shift to a mandatory suspensory regime. Businesses have until 19 January 2024 to respond to the consultation.

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AXA IM collaborates with Societe Generale’s FORGE on first market transaction using stablecoins

The TRADE

AXA Investment Managers (AXA IM) has completed its first market transaction using stablecoins issued by Societe Generale – FORGE as part of a new joint experiment. Societe Generale – FORGE’s CoinVertible (EURCV) stablecoins were used as part of the transaction, which is an effort from AXA IM and Societe Generale to adapt to technological developments to benefit their client base.

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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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China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says

CNBC: Investing

"The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023," Morgan Stanley estimates.

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Yellow Rejects a Bid to Restart Trucking Company

The New York Times: Mergers, Acquisitions and Dive

In a letter, Yellow’s management said an effort to buy the company and revive its operations by an executive from a different trucking firm was “not viable.

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Q&A: What does 2024 have in store for European M&A?

JD Supra: Mergers

There is a wealth of dry powder to spend but 2023 has seen M&A deal activity hampered by rising costs of debt, unstable markets, supply chain issues, general political uncertainty, and fear of global recession. So, what does 2024 have in store for European M&A?

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Social Media Management Market Size, Share & Growth Analysis, [2030] | CAGR of 21.1%

Global Newswire by Notified: M&A

According to Fortune Business Insights, the global social media management market size is projected to reach USD 76.03 billion in 2030, at a CAGR of 21.1% during the forecast period, 2023-2030 According to Fortune Business Insights, the global social media management market size is projected to reach USD 76.03 billion in 2030, at a CAGR of 21.

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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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Here’s how activist Elliott could build shareholder value amicably at Phillips 66

CNBC: Investing

Many activists think of themselves as amicable and constructive, but that could actually be the case in this engagement at the petroleum refiner.

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EU and UK Investment Research Reviews: Convergence is paramount

The TRADE

During a panel hosted by the Association for Financial Markets in Europe (AFME), panellists explored existing developments on investment research in the EU and the UK as part of the respective EU Listing Act and the UK Investment Research Review. In July, the UK Government announced that it had accepted recommendations from the Investment Research Review under the Edinburgh Reform, paving the way for a new ‘Research Platform’ that will provide a one-stop-shop for firms looking for research exp

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SEC Unable to Correct Defects of Share Repurchase Disclosure Modernization Rule

JD Supra: Mergers

On November 22, the Securities and Exchange Commission (SEC) issued an order postponing the Share Repurchase Disclosure Modernization Rule (the Repurchase Rule). The SEC’s announcement followed the U.S. Court of Appeals for the Fifth Circuit’s finding that the Repurchase Rule was “arbitrary and capricious” and violated the Administrative Procedure Act.

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