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Showing posts from December, 2023

What To Do Before Buying A Small Business: 12 Key Consideration

s By Richard Harroch A letter of intent or term sheet spells out the key terms of the deal to make sure everyone is on ... [+] the same page. getty Buying an existing business can provide advantages… https://www.forbes.com/sites/allbusiness/2023/12/29/what-to-do-before-buying-a-small-business-12-key-considerations/

EU digital chief advocates for AI Act, countering Macron’s critique

Margrethe Vestager, the EU’s competition and digital chief, has staunchly defended the bloc’s groundbreaking law on artificial intelligence, the AI Act, asserting that it will foster “legal certainty… https://readwrite.com/eu-digital-chief-advocates-for-ai-act-countering-macrons-critique/

Adobe-Figma Deal Canceled: What Happens Next?

In September 2022, Adobe announced plans to buy Figma for $20 billion. Figma is a popular online design and team collaboration tool. Many designers use it to create prototypes and designs. The deal … https://justcreative.com/adobe-figma-deal/

The top 7 people in artificial-intelligence e-commerce

From left: Nitzan Mekel-Bobrov, eBay's chief AI officer; and Miqdad Jaffer, a director of product at Shopify.eBay/Shopify Insider has compiled a list of 100 people at the forefront of artifi… [+5744 c https://www.businessinsider.com/ai-100-top-artificial-intelligence-ecommerce-2023-11

Tech news recap: the biggest stories of 2023

The year 2023 is coming to a close, but it has been full of great news stories you might like to remember. Here are a few tech news stories to reflect on and some that may change the world forever — … https://readwrite.com/tech-news-recap-the-biggest-stories-of-2023/

WIRED’s 2023 Year-in-Review Quiz

2023 has been a year defined by artificial intelligence innovation, with OpenAI at the helm. An AI apocalypse didnt collapse society into chaos, but everyone in Silicon Valley did try to add some sor… https://www.wired.com/story/2023-year-in-review-quiz/

Top 3 M&A stories of 2023

The Federal Reserve tightened monetary policy to rein in inflation, spurring banking mergers and acquisitions throughout the year.   As the industry grappled with the rise of the Federal Funds Rate … https://bankautomationnews.com/allposts/retail/top-3-ma-stories-of-2023/

Dealmakers Fall Short of Decade-long Standard

Its the art of deals not getting done. For the first time in exactly 10 years, Wall Street dealmakers will fall short of facilitating at least $3 trillion worth of mergers and acquisitions, according… https://biztoc.com/x/04e28a94338fb4d7

Tech news recap: the biggest stories of 2023

The year 2023 is coming to a close, but it has been full of great news stories you might like to remember. Here are a few tech news stories to reflect on and some that may change the world forever — … https://readwrite.com/tech-news-recap-the-biggest-stories-of-2023/

Atour Lifestyle Holdings Limited's (NASDAQ:ATAT) largest shareholders are private equity firms with 32% ownership, insiders own 29%

Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_b5102f21-f761-4b6f-a58b-e6f7ad458929

Serious Errors Rose After Private Equity Firms Bought Hospital

s So private equity buying a public service to squeeze every dime out of it has a negative effect? Who would believe it? Via the New York Times:The rate of serious medical complications increased in ho… https://crooksandliars.com/2023/12/serious-errors-rose-after-private-equity

AI Trends of 2024: What developments can we expect next year?

Oh, the weather outside is frightful..but perhaps not as frightful as some of the artificial intelligence (AI) developments we’ve seen in 2023. From creepy artistic robots to shockingly realistic ne… https://readwrite.com/ai-trends-of-2024/

Hollywood Huddle: Media Companies Headed To Bundles, M&A In 2024

getty When its cold outside, even metaphorically, huddling together is a smart strategy. And baby, to paraphrase the holiday song, its definitely cold outside for the major Hollywood media companies… https://www.forbes.com/sites/dbloom/2023/12/26/hollywood-huddle-media-companies-headed-to-bundles-ma-in-2024/

The top 15 people in enterprise artificial intelligence

Naveen Rao, the vice president of generative AI at DatabricksDatabricks Insider has compiled a list of 100 people at the forefront of artificial intelligence.The list spans several … [+10882 chars] https://www.businessinsider.com/ai-100-top-enterprise-artificial-intelligence-2023-11

One of Jerry’s Girlfriends on ‘Seinfeld’ Now Has Three Times His Net Worth

Contrary to what her character said on Seinfeld, Jami Gertz could spare a billion squares if she really wanted to. With an approximated net worth of $950 million, Jerry Seinfeld has come the closest… https://www.cracked.com/article_40631_one-of-jerrys-girlfriends-on-seinfeld-now-has-three-times-his-net-worth.html

Private equity ownership is bad for a hospital's health

Private equity has pumped more than $1 trillion into the US healthcare sector in the last decade, with over 8,000 deals completed. But it isnt panning out well for patients. A new study led by resear… https://qz.com/private-equity-ownership-is-bad-for-a-hospitals-health-1851125656

Bumper year for mergers and acquisition

s Firms in several sectors expanded operations at home and overseas. Esso buyout Bangchak Corp completed its purchase of shares in Esso Thailand in October via a tender offer, valued at 3.54 billion … https://www.bangkokpost.com/business/general/2713899/bumper-year-for-mergers-and-acquisitions

Omnicom is leveraging AI to optimize workflows with a virtual assistant

Omnicom is a marketing and communications firm.Omnicom Omnicom is a marketing and communications company with over 5000 clients.Omnicom has a large data set of over 14 petabytes, wh… [+4778 chars] https://www.businessinsider.com/how-ai-can-help-data-driven-marketing-campaigns

Fidelis Insurance Holdings Limited's (NYSE:FIHL) top owners are private equity firms with 37% stake, while 25% is held by institution

s Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_860a157d-8eb1-4d8b-8c72-41a24ef8ed41

2023: The Year of High-Value Deals, Mergers & Acquisition

s 2023 seems to be but the precipice of business investments as the world prepares for a global shift in luxury for 2024 From the Richemont Group’s rejection of an LVMH acquisition to Kering acquirin… https://www.luxuo.com/business/2023-the-year-of-high-value-deals-mergers-acquisitions.html

Health care and private equity

What happens when you allow private equity goons to buy healthcare facilities so that they can burden them with debt, hoping to slash expenses and sell for a quick profit? Precisely what you’d expect… https://www.lawyersgunsmoneyblog.com/2023/12/health-care-and-private-equity

High Impact Ideas 2023: Remote Work, 3rd Value, Current Best You

Leonard Bernstein conducting Getty Images The three ideas in my 2023 Forbes articles with the biggest impact have been: The importance of navigating remote vs. in-person challenges - espec… [+4673 c https://www.forbes.com/sites/georgebradt/2023/12/26/three-ideas-from-2023-on-remote-work-values-current-best-thinking/

After Year of Pullback, Podcast Industry Hopes to Regroup -- With an AI Boost...

Going into 2024, podcasting executives remain incredibly bullish on growth in the sector, with an eye to creating multiple revenue streams for creators and using artificial intelligence and video to … https://www.hollywoodreporter.com/business/digital/podcast-2024-forecast-1235768730/

The Hollywood Strikes Stopped AI From Taking Your Job

But for How Long? That, in turn, led to increased interest in what protections organized labor could provide workers, even as some unions, like the United Auto Workers and Teamsters, seemed to fall behind on addressin… https://www.wired.com/story/hollywood-saved-your-job-from-ai-2023-will-it-last/

The top 10 people in artificial-intelligence hardware

Sissie Hsiao, Google's vice president and the general manager of Bard and Google Assistant.Google Insider has compiled a list of 100 people at the forefront of artificial intelligence. https://www.businessinsider.com/ai-100-top-artificial-intelligence-hardware-2023-11

Serious medical errors rose after private equity firms bought hospital

s We were not surprised there was a signal, said Dr. Sneha Kannan, a health care researcher and physician at the division of pulmonary and critical care at Massachusetts General Hospital, who was the p… https://www.bostonglobe.com/2023/12/26/nation/serious-medical-errors-rose-after-private-equity-firms-bought-hospitals/

China Is Stealing AI Secrets To Turbocharge Spying, US Say

s On a July day in 2018, Xiaolang Zhang headed to the San Jose, Calif., airport to board a flight to Beijing. He had passed the checkpoint at Terminal B when his journey was abruptly cut short by feder… https://news.slashdot.org/story/23/12/25/1721219/china-is-stealing-ai-secrets-to-turbocharge-spying-us-says

Transcript: Stephen Suttmeier

The transcript from this weeks, MiB: Stephen Suttmeier, BAML Chief Equity Technical Strategist, is below. You can stream and download our full conversation, including any podcast extras, on Apple Po… https://ritholtz.com/2023/12/transcript-stephen-suttmeier/

Patients at private-equity-owned hospitals get more infections and fall more often, study show

s Patients receiving care at hospitals owned by private-equity firms experience more bloodstream and surgical site infections and they fall more often, a new study by academics at Harvard University an… https://www.nbcnews.com/health/health-care/patients-private-equity-hospitals-more-infections-falls-jama-study-rcna130956

Uncovering The Secrets Of The OG Of Alts: Private Equity

There is one alternative allocation that has been in endowments, foundations, and high net-worth families for a long time. It is also usually the largest allocation in these portfolios and this inves… https://www.forbes.com/sites/fredhubler/2023/12/26/uncovering-the-secrets-of-the-og-of-alts-private-equity/

The Race to Put Brain Implants in People Is Heating Up

In September, Elon Musks brain-implant company Neuralink announced the much-anticipated news that it would start recruiting volunteers for a clinical trial to test its device. Known as a brain-comput… https://www.wired.com/story/the-race-to-put-brain-implants-in-people-is-heating-up/

How Sustainable Is Your Product Portfolio? Here’s One Way To Find Out

How exactly do companies assess the sustainability of their products? Whether its a jar of cosmetics or drinking water from plastic bottle, companies must provide an increasing amount of information … https://www.forbes.com/sites/sap/2023/12/21/how-sustainable-is-your-product-portfolio-heres-one-way-to-find-out/

While private equity firms own 18% of TMC the metals company Inc

(NASDAQ:TMC), individual investors are its largest shareholders with 52% ownership Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_ae03c838-36ba-4b0e-b92c-7e1c0a32f349

Biotech stocks set for a rebound in 2024, analysts say

After a blustery few years, the winds are shifting for biotech stocks. A more favorable interest-rate outlook, an uptick in deals, and innovations in key areas like cancer and immunology are setting … https://www.marketwatch.com/story/biotech-stocks-set-for-a-rebound-in-2024-analysts-say-24df6236

Here’s how 10 of Wall Street’s predictions for 2023 panned out

At this time of the year, it can be fun to look at the predictions for the coming year for markets, politics or international events and even to get out your own crystal ball.In the daily Need to Kno… https://www.marketwatch.com/story/heres-how-10-of-wall-streets-predictions-for-2023-panned-out-aeb75833

Japan domestic M&A spending at 18-year high as buyout deals surge

TOKYO -- Spending on mergers and acquisitions within Japan is on track to hit an 18-year high this year amid a wave of major offers to take companies private, driven by shareholder activism and low i… https://biztoc.com/x/63abbab61fcdc102

The video game industry flew too close to the sun in 2023

Now, its crashing back to Earth For several years, some relevant mergers, acquisitions, or studio formations were happening in the video game industry every month. Companies like Microsoft, Sony, and Embracer Group went on shopping… https://www.digitaltrends.com/gaming/game-industry-acquisitions-issues-2023/

The top 5 people in artificial-intelligence sustainability

Himanshu Gupta, a cofounder and the CEO of ClimateAi.Climate Ai Insider has compiled a list of 100 people at the forefront of artificial intelligence. The list spans several industr… [+3805 chars] https://www.businessinsider.com/ai-100-top-5-people-sustainability-2023-11

How Strata Identity and Microsoft Entra ID solve identity challenges in mergers and acquisition

s This blog post is part of the Microsoft Intelligent Security Association guest blog series. Learn more about MISA.  Along with every merger and acquisition between two companies comes the need to co… https://www.microsoft.com/en-us/security/blog/2023/12/19/how-strata-identity-and-microsoft-entra-id-solve-identity-challenges-in-mergers-and-acquisitions/

There's no slowing the green transition in 2024

Wind turbines at London Array offshore wind park, North Sea, near England, United Kingdom.Getty Images BI spoke to several experts about what to watch in 2024 for  climate action.AI… [+3900 chars] https://www.businessinsider.com/no-slowing-green-transition-2024-2023-12

The US and its allies are tinkering with AI to help do some of the most complex naval operation

s British Royal Marines land on an Estonian beach during an exercise in May 2023.UK Ministry of Defense/LPhot Bill Spurr The US, the UK, and Australia are exploring the use of artificial inte… [+5878 c https://www.businessinsider.com/us-allies-look-to-ai-for-help-with-naval-operations-2023-12

Five Ways To Use Smart Contracts To Revolutionize Your Busine

ss Andrew is the Chairman of Imperial Family Companies. getty As the world rapidly changes, businesses need to find ways to adapt in order to stay ahead. As a part of this adaptation, I think smart c… https://www.forbes.com/sites/forbesbusinesscouncil/2023/12/21/five-ways-to-use-smart-contracts-to-revolutionize-your-business/

How to Check If Something Online Was Written by AI

Generative artificial intelligence is everywhere you look these days, including on the web: advanced predictive text bots such as ChatGPT can now spew out endless reams of text on every topic imagina… https://gizmodo.com/how-to-spot-ai-written-content-1851106624

AI And The Entrepreneurial Spirit: Perfect Together

More machines, but more creativity getty Is artificial intelligence reviving the entrepreneurial spirit? It would seem that mental-labor-saving intelligent automation would lead to greater mechaniz… https://www.forbes.com/sites/joemckendrick/2023/12/20/ai-and-the-entrepreneurial-spirit-perfect-together/

Warner Bro

Warner Bros. Discovery CEO David Zaslav is laying plans for another merger that would rock Hollywood, but a deal with Paramount won't solve either company's woes Kevin Dietsch/Getty. Warner Bros. Discovery chief David Zaslav is in deal talks with Paramount, Axios and others reported Tuesday.A deal could create another entertainment giant and… [+4057 chars] https://www.businessinsider.com/warner-bros-discovery-deal-talks-paramount-zaslav-redstone-2023-12

Artificial intelligence is accelerating the recruitment process — but tech leaders warn of bias and other risk

s AzmanL/Getty Images HR and recruitment teams are beginning to use AI tools in multiple stages of the hiring process.This tech-driven approach can help hiring leaders evaluate candid… [+10775 chars] https://www.businessinsider.com/artificial-intelligence-hr-hiring-recruitment-benefits-2023-12

Ecommerce Acquisitions Steady in 2023

I last spoke with Mark Daoust in late 2022. His firm, Quiet Light, a digital business brokerage, had just witnessed a post-pandemic hangover from cheap money and booming ecommerce. A normal acquisiti… https://www.practicalecommerce.com/ecommerce-acquisitions-steady-in-2023

A major trend holding back Wall Street could reverse itself in 2024

Dealmaking is the bread and butter of Wall Street but by some accounts this has been the worst year for mergers and acquisitions in about a decade. Initial public offerings have also suffered along t… https://www.cnn.com/2023/12/20/investing/premarket-stocks-trading/index.html

Mergers And Acquisitions For Nonprofit

s President & CEO the National Association of Free and Charitable Clinics (NAFC). getty In the nonprofit world, various organizations and associations often have shared missions or goals. While m… https://www.forbes.com/sites/forbesnonprofitcouncil/2023/12/20/mergers-and-acquisitions-for-nonprofits/

USA takes steps to draft AI standards and guidance

President Biden’s administration has announced the first steps in writing artificial intelligence (AI) guidance and procedure. The National Institute of Standards and Technology (NIST) is seeking in… https://readwrite.com/biden-administration-takes-steps-to-draft-ai-standards/

Figma’s 31-Year-Old CEO On Demise of $20B Adobe Merger: ‘Frustrating and Sad’

Figma CEO Dylan Field speaks onstage during TechCrunch Disrupt 2022 on October 20, 2022 in San Francisco, California. Kimberly White/Getty Images for TechCrunch Figma’s 31-year-old cofounder and CEO… https://observer.com/2023/12/figma-ceo-dylan-field-adobe-merger/

The top 12 people in artificial-intelligence policy, ethics, and research

Timnit Gebru, a researcher who established the Distributed AI Research Institute.DAIR Insider has compiled a list of 100 people at the forefront of artificial intelligence. The list… [+9931 chars] https://www.businessinsider.com/ai-100-top-12-people-policy-ethics-and-research-2023-11