Tue.Apr 26, 2022

article thumbnail

AI Oversight Is Becoming a Board Issue

Harvard Corporate Governance

Posted by Avi Gesser, Bill Regner, and Anna Gressel, Debevoise & Plimpton LLP, on Tuesday, April 26, 2022 Editor's Note: Avi Gesser and Bill Regner are partners and Anna R. Gressel is an associate at Debevoise & Plimpton LLP. This post is based on a Debevoise & Plimpton memorandum by Mr. Gresser, Mr. Regner, Ms. Gressel, and Lily Coad. As more businesses adopt artificial intelligence (AI), directors on many corporate boards are starting to consider their oversight obligations.

article thumbnail

Skinny design: Smaller is better

Mckinsey and Company

Designing packaging and products with supply chain and in-stock issues in mind can increase revenues and profits, all while meaningfully improving sustainability. Three steps can point the way.

105
105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Would Directors Make Business Decisions Under a Stakeholder Model?

Harvard Corporate Governance

Posted by Robert T. Miller (University of Iowa), on Tuesday, April 26, 2022 Editor's Note: Robert T. Miller is Professor of Law and F. Arnold Daum Fellow in Corporate Law at the University of Iowa College of Law. This post is based on his recent paper , forthcoming in The Business Lawyer. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A.

198
198
article thumbnail

EXCLUSIVE: SinglePoint Buys This Full-Service EPC Firm With Projected Revenue Of $25M

Benzinga

SinglePoint Inc (OTC: SING ) has acquired The Boston Solar Company LLC , a provider of comprehensive solar energy services in New England, primarily in Massachusetts, since 2011. The deal value was not disclosed. Boston Solar generated sales of $17.7 million in FY21 with expected sales of $25 million in FY22, with more than $16 million already contracted and in.

105
105
article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

SEC 2022 Examination Priorities

Harvard Corporate Governance

Posted by Ranah Esmaili, Victoria Anglin, and Marie Fang, Sidley Austin LLP, on Tuesday, April 26, 2022 Editor's Note: Ranah Esmaili is partner, Victoria Anglin is managing associate, and Marie Fang is an associate at Sidley Austin LLP. This post is based on a Sidley memorandum by Ms. Esmaili, Ms. Anglin, Ms. Fang, Chuck Daly , Laurin Blumenthal Kleiman , and Elizabeth Shea Fries.

article thumbnail

7 Corporate Titans Who Took Over Media Companies: Adelson, Bezos And More

Benzinga

As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA ) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR ) board into yielding. Twitter confirmed Monday it has agreed to be taken private by Musk for $54.20 per share, or $44 billion in aggregate. But Musk won't be the first high-profile corporate titan to take over a prominent media company.

98

More Trending

article thumbnail

EXCLUSIVE: Verano CIO Aaron Miles Says Company Is 'Strategically Building' As Crucial Markets Come Online

Benzinga

Verano Holdings Corp (OTC: VRNOF ) CIO Aaron Miles tells Benzinga that he and the Chicago-based MSO have been able to grow in the often tumultuous cannabis market through market experience and strategic execution. As such, he believes the company is well-positioned to thrive going forward. The company has seen a busy past 12 or so months. Activity includes a December 2021 go-public transaction in Canada with 1276268 B.C.

article thumbnail

Twitter takeover: Jack Dorsey says Elon Musk is ‘solution I trust’

The Guardian M&A

Platform’s co-founder backs controversial takeover by world’s richest man Twitter co-founder Jack Dorsey has backed Elon Musk’s controversial $44bn (£34bn) takeover of the micro-blogging platform, describing the billionaire as “the singular solution I trust”. The 45-year-old, who co-founded the company in 2006 and floated it on the New York Stock Exchange in 2013, said it has been “owned” by Wall Street and that Musk’s deal struck on Monday to take it private was the “correct first step”.

article thumbnail

Does a PPP Loan Make It Harder to Sell a Business?

Sun Acquisitions

It’s no secret that the COVID-19 pandemic has had a significant impact on businesses of all sizes. To help small businesses struggling in these tough times, the US government introduced the Paycheck Protection Program (PPP) loan in 2020. This type of loan can be used to cover payroll costs, rent, and other expenses during difficult times. So what happens when you want to sell your business ?

98
article thumbnail

Automation Biz Kinexon Grabs $130M In Series A

Law 360 M&A

Kinexon, an automation technology developer that works with sports teams, raised $130 million in a Series A funding round to build up its operating system and expand in North America and Europe, the company said Tuesday.

article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

Rethink the cloud – Unlock business value from Microsoft Azure

Avanade

Irish organisations are making strong progress in migrating their business to the cloud – with almost one in five (17%) ahead of their global peers, but there’s a long way to go.

98
article thumbnail

Refuting the Negative Race Bated Accusations

Appraisers Blog

We will sink under the weight of all the so-far unproved accusations. Appraisers, Tobias J. Peter, Assistant Director, AEI Housing Center Research Fellow, American Enterprise Institute (AEI), has weighed in on all the negative press and faulty ‘studies’ (by both GSE’s and others) that have been promulgated about how appraisers, as a whole, have systemic racism built-in when doing property inspections and appraisal reports.

article thumbnail

4 steps to evaluate and improve your firm’s accounting software

ThomsonReuters

Tax and accounting firms of all sizes need dependable systems and procedures to deliver the best value to their clients. Finding the right accounting software for your firm will keep business records organized, improve operational efficiency, identify areas for improvement, and help you manage growth over time. As technology changes the accounting world, it’s more important than ever to modernize operations and prioritize a technology roadmap for your firm’s future. 4 key steps to ev

article thumbnail

CMA Says Blocking Meta's GIF Deal Protects UK Consumers

Law 360 M&A

Britain's antitrust watchdog told a tribunal on Tuesday that Meta's acquisition of an online GIF creator removed a potential challenger in the U.K. advertising market as lawyers defended the decision to block the merger.

article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

ESG Payroll Spotlight: Just Transition for the Workforce Toward a Net-Zero World

ThomsonReuters

What’s at Stake. The aptly titled? 2021 United Nations Emissions Gap Report , “The Heat Is On – a world of climate promises not yet delivered,” warned that climate change was intensifying and despite climate pledges and mitigation measures, the world is on track for a 2.7°C temperature increase by 2099. To reach the goals of the Paris Agreement, the report states that within eight years, annual greenhouse gas emissions would need to be halved.

article thumbnail

Elon Musk Is a Typical Twitter User, Except for One Thing

NYT M&A

The platform has always been the perfect place to indulge your whims. But when you’re the richest man in the world, those whims can grow significantly.

article thumbnail

The rising risk of a global food crisis

Mckinsey and Company

The war in Ukraine poses a looming threat to the worldwide food supply. Here’s what’s at stake—and what might be done to help.

106
106
article thumbnail

Small Business Appraisal - The Better The Data, The Better The Result

BV Specialists

One of the biggest challenges small business owners face is keeping track of all their records for sales, costs, and everything in between. Being organized is critical when it comes time to value your company for a sale, new investor, or any other reason. It will require a lot of information be given to a certified appraiser, who needs to understand the details behind the numbers.

article thumbnail

Stave off attrition with an internal talent marketplace

Mckinsey and Company

Is your best talent hiding in plain sight? An internal talent marketplace helps match existing employees to open roles—in novel and sometimes unexpected ways.

93
article thumbnail

Selling Twitter to Elon Musk Is Good for Investors. What About the Public?

NYT M&A

The company’s decision to sell seems to have been based purely on the financials, with little if any regard for other stakeholders.

article thumbnail

The McKinsey Crossword: World Laughter Day | No. 73

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

81
article thumbnail

Scheming, Away From the Court: Proposed Changes to Corporate Control Transactions in Australia

National Law Review M&A

Michael Gajic Masi Zaki Kate Spratt Jurisdiction: Australia Type of Law: Mergers & Acquisitions Corporate & Business Organizations Global

90
article thumbnail

Kevin Hart’s Media Company Sells $100 Million Stake to Private Equity

NYT M&A

The deal with Abry Partners is the latest example of private equity’s pushing into Hollywood to cash in on the demand for streaming shows.

Equity 92
article thumbnail

The business value of innovation in the cloud

Mckinsey and Company

In this interview, TrueBlue’s chief technology and information officer explains why migrating to the cloud was always about far more than just technology.

article thumbnail

Buying Twitter, Elon Musk Will Face Reality of His Free-Speech Talk

NYT M&A

Tech’s big shots have learned again and again that free speech isn’t so simple. What happens when Mr. Musk owns Twitter?

article thumbnail

The Twitter shareholders set to make millions from Elon Musk’s takeover

The Guardian M&A

Analysis: From founder Jack Dorsey to dotcom pioneer Martha Lane Fox … the big players in line for big payouts Elon Musk’s $44bn (£35bn) takeover of Twitter could lead to multimillion-dollar payouts for its co-founder Jack Dorsey, along with key executives and board members, while staff could also share a $1bn windfall if stock options pay out. Continue reading.

article thumbnail

Author Talks: “If you don’t understand … how are you going to help?”

Mckinsey and Company

List-based marketing can go in one ear and out the other for consumers, which is why one Fortune 500 adviser says the best branding combines empathy, connectedness, and good storytelling.

article thumbnail

Tesla shareholders are forgotten constituent in Elon Musk’s Twitter deal

The Guardian M&A

Risks for EV company include sale of stock to fund takeover and spill-over political effects Elon Musk’s public description of how he plans to run the Twitter show could currently be transcribed in fewer than 280 characters, so it’s not surprising that everybody, from EU commissioners down, is fretting about what happens when a maverick billionaire gets the controls of a divisive social media site.

article thumbnail

How Does Musk's Buying Twitter Affect Its Legal Department?

Law 360 M&A

Despite the uncertainty and shock for Twitter employees after the company announced its pending sale to multibillionaire Elon Musk, several important tasks lie ahead for the company's in-house lawyers and their leader, chief legal officer Vijaya Gadde.

75
article thumbnail

Elon Musk can walk away from Twitter deal by paying $1bn break fee

Financial Times M&A

Favourable terms mean billionaire is able to back out by stumping up fraction of net worth

98
article thumbnail

Week In Bankruptcy: InfoWars' Shaky Start, Releases Still Roil

Law 360 M&A

Alex Jones moved three holding companies into bankruptcy last week to shield his intellectual property from defamation suits, immediately drawing the ire of the Sandy Hook families that sued him for defamation, the Office of the U.S. Trustee and the judge overseeing the cases; the U.S. trustee continued its national crusade against non-consensual third-party releases; and mass tort cases chugged along.

74
article thumbnail

The private equity world gets Musked

Financial Times M&A

Plus, the fight for control of Italy’s largest insurer nears its climax and lockdowns stall Shanghai’s ambitions to become the next Wall Street

Equity 77
article thumbnail

How Will Elon Musk Pay for Twitter?

NYT M&A

Musk plans to buy Twitter with a mix of cash and debt, split into these three parts.

article thumbnail

Pivot! How to Build a Strategic Plan that Evolves With Your Financial Institution

N Contracts

Frank Perdue famously said, "A business that doesn't change is a business that is going to die." This couldn’t be truer for community banks.

Banking 76