Mon.Nov 14, 2022

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ESG and C: Does Cybersecurity Deserve Its Own Pillar in ESG Frameworks?

Harvard Corporate Governance

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Monday, November 14, 2022 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services. This post is based on an ISS Corporate Solutions memorandum by Senior Editor, Paul Hodgson. The ransomware attack on the Colonial Pipeline in May 2021 was just one of many signs that environmental and cybersecurity risk are closely connected.

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Business Owners: Are You a Do-It-Yourselfer? 

Viking Mergers

Do you like to handle projects around the house on your own? Do you only call in the pros for the really tough stuff? Or maybe you draw the line at electrical or plumbing, where the risk of failure can be much more costly? If that sounds like you, I can certainly relate. I learned a lot while holding that flashlight for Dad over all those years, to the point that I’m willing to take on almost any home improvement project.

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How Twitter Pushed its Stakeholders under the (Musk) Bus

Harvard Corporate Governance

Posted by Lucian A. Bebchuk, Kobi Kastiel, Anna Toniolo (Harvard Law School), on Monday, November 14, 2022 Editor's Note: Lucian Bebchuk is the James Barr Ames Professor of Law, Economics, and Finance and Director of the Program on Corporate Governance at Harvard Law School; Kobi Kastiel is Associate Professor of Law at Tel Aviv University, and Senior Fellow of the Harvard Law School Program on Corporate Governance; and Anna Toniolo is Postdoctoral Fellow at the Program on Corporate Governan

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Five trends to watch in the edtech industry

Mckinsey and Company

The adult edtech sector is evolving as quickly as it is growing. Significant changes are taking place in M&A opportunities, geographic hotspots, user demands, and the enterprise market.

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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.

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Preparing for the 2023 Proxy Season in the Era of Universal Proxy

Harvard Corporate Governance

Posted by David M. Silk, Carmen X. W. Lu, Sabastian V. Niles, Wachtell, Lipton, Rosen & Katz, on Monday, November 14, 2022 Editor's Note: David M. Silk and Sabastian V. Niles are Partners and Carmen X. W. Lu is Counsel at Wachtell, Lipton, Rosen & Katz. This post is based on a WLRK publication by, among others, Mr. Silk, Mr. Niles, Ms. Lu, Andrew Brownstein , Steve Rosenblum and Adam Emmerich.

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New-business building in 2022: Driving growth in volatile times

Mckinsey and Company

A new global survey finds that new-business building can boost growth and value. However, to meet revenue expectations in the future, companies must dramatically increase their efforts.

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More Trending

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Yuga Labs Acquires Beeple-Founded 10KTF And WENEW, Adds Artist To Advisor Role: What It Could Mean For The Future

Benzinga

A leading non-fungible token and Web3 company announced an acquisition Monday that could help power its ambitions for the metaverse. The acquisition also brings one of the biggest names in the NFT space into the company’s ecosystem. What Happened: Yuga Labs announced it was acquiring WENEW and its NFT collection 10KTF. Yuga said that WENEW shared a passion for imagination and storytelling.

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How to Set Clear Goals, Priorities, and KPIs with Examples to Hire, Retain and Grow Your Employees

Rhythm Systems

You have probably heard the old saying, what gets measured, gets improved. Very much an old engineering phrase from back in the day, but as true today as it was then. As important as it is to measure things, it is just as important to determine the right things to measure. I just recently read an article where Socrates was quoted as saying, “understanding the question is half an answer.

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Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14

Benzinga

Reuters. Meta's Mass Layoffs' Repercussion? Facebook Parent Reportedly Pulls The Plug On Portal, Smartwatch Project. Facebook parent Meta Platforms Inc (NASDAQ: META ) stopped all development work on its Portal smart displays and smartwatch project following 11,000 job cuts a few days ago, which is 13% of the company's total workforce. Meta has stopped working on Portal smart display devices and smartwatches, according to Reuters.

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Communicating headwinds and tailwinds

Mckinsey and Company

Investor relations should always address business-critical headwinds and tailwinds. But which do companies refer to more—and how does that choice affect market performance?

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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

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Bullet Blockchain Completes the Acquisition of the IP Portfolio Consisting of Bitcoin ATM Patents; Will Proceed With Licensing to the Industry

Benzinga

RENO, NV, Nov. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Bullet Blockchain, Inc. ("BULT" or the "Company"), (OTC: BULT ), an advanced software development and SaaS company, specializing in blockchain technologies and Web 3.0, announced today that BULT acquired a wholly owned subsidiary from BOTS Inc., which holds the rights to U.S. Patent No. 9,135,787 - "Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same." Known as the "Bitcoin A

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The economic state of Latinos in the US: Determined to thrive

Mckinsey and Company

US Latinos are a driving force of the US economy and account for the fastest-growing portion of US GDP.

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Catching Up With Delaware's Chancery Court

Law 360 M&A

Delaware's Chancery Court packed a lot into a shortened work week, with new cases involving Fox Corp., the New York Jets, Fubo Gaming, Activision Blizzard and Microsoft, to name a few. The pace picks up this week as billionaire Elon Musk heads to Wilmington for a five-day trial over his 10-year Tesla pay package.

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Future of B2B sales: The big reframe

Mckinsey and Company

The new era of B2B sales is upon us and sales leaders are quickly making moves to adapt. We spoke with 50 global leaders to learn their game plan—and this is what we heard.

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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.

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Voyager's Ch. 11 Complicated By FTX Case, $220M Complaint

Law 360 M&A

The future of bankrupt cryptocurrency platform Voyager Digital Holdings' Chapter 11 case has grown murkier since the commencement of bankruptcy proceedings by potential buyer FTX and the filing of a $220 million adversary suit over the validity of intercompany claims Friday.

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Buffett’s Berkshire Hathaway buys $4bn stake in chipmaker TSMC

Financial Times M&A

Investment adds another technology group to industrial conglomerate’s sprawling portfolio

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IAA Shareholder DecriesTerms Of $7.3B Sale To Ritchie Bros.

Law 360 M&A

Stockholder Ancora Holdings Group LLC sent a letter to the IAA Inc. board of directors Monday calling for members to seek better terms, including more cash for shareholders, in the company's proposed $7.3 billion sale to heavy equipment and machinery auctioneer Ritchie Bros.

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Enabling the future of US public health through technology

Mckinsey and Company

US state and local jurisdictions have a rare opportunity to marshal federal funding to modernize their infrastructures to achieve key public-health objectives more efficiently and effectively.

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Special edition: DD goes forensic on FTX

Financial Times M&A

A deep dive into the crypto collapse that has stunned finance

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Is risk-based internal auditing a myth?

Norman Marks

Are internal auditors fooling themselves when they say they are using a risk-based approach? My good friend and esteemed[1] risk management practitioner and thought leader, Alexei Sidorenko, challenged me to disagree and comment on one of his latest posts: Creating a risk-based audit plan, is it a myth? Have a look at what he wrote […].

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Will TotalEnergies keep on outperforming all indices this year?

Valutico

TotalEnergies SE. Weekly Valuation – Valutico | 14 November 2022. Link to detailed valuation. About TotalEnergies. TotalEnergies is a French company covering the total oil and gas supply chain, as well as operating as a chemicals manufacturer and a builder of solar plants and wind farms, which are also operated by the company itself. While TotalEnergies was able to reap massive profits out of the current peak of oil and gas prices, the company is preparing for the energy transformation.

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Equifax / Experian Corner Worker Verification Space, Would-Be Rivals Seek Probe

Mogin Rubin M&A

Since the mid-1990s, credit reporting in the U.S., which has its roots in the records of consumer accounts held by local merchants and small-town credit bureaus, has been a tight oligopoly of three consumer data repositories, Equifax, Experian, and TransUnion. These firms collect account data from banks and businesses that furnish credit to consumers.

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How high will interest rates go?

LaPorte

(authored by RSM US LLP) We expect the Fed to raise its policy rate above 5% in the near term while at the same time reducing its balance sheet by $95 billion per month. The post How high will interest rates go? first appeared on LaPorte.

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ESG Reporting 101: Understanding ESG Frameworks and Ratings

Audit Board

The ESG landscape is experiencing a massive amount of consolidation, and guidance is evolving rapidly. As the IFRS Foundation’s International Sustainability Standards Board (ISSB) strives to integrate and standardize the different frameworks on a global level, the U.S. Securities and Exchange Commission (SEC) is reviewing comments on its proposed climate disclosures and the EU is gearing up to enforce the Corporate Sustainability Reporting Directive (CSRD).

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Credit Suisse To Sell Securitized Products Group To PE Biz

Law 360 M&A

Credit Suisse said on Tuesday that it will sell most of its securitized products subsidiary to U.S. private equity firm Apollo to remove risk from the troubled Swiss bank's balance sheet.

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TILT Holdings Reports Third Quarter 2022 Results

Benzinga

TILT Holdings Inc. (NEO: TILT) (OTCQX: TLLTF ), reported its financial and operating results late Monday for the three months and nine months ended September 30, 2022. Q3 2022 Financial Summary. Revenue was $40.5 million in the three months ended September 30, 2022, compared to $53.4 million in the prior year period. Gross profit was $9.5 million in the three months ended September 30, 2022, or approximately 24% of revenue, compared to $12.6 million, or approximately 24% of revenue in the prior

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UK Raises Concerns Over $1.6B Korean Air-Asiana Deal

Law 360 M&A

United Kingdom antitrust authorities raised concerns Monday over Korean Air's plans to acquire Asiana Airlines Inc. for $1.6 billion, saying the rival Korean airlines are the only two providers of direct flights between London and Seoul.

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Review of Key Economic Indicators for Family Businesses

Auto Dealer Valuation Insights

With economic data for 3Q22 beginning to trickle in, we look at a few key trends that developed during the quarter. The tale of the tape in the third quarter was the same as it has been for virtually all of 2022—volatile equity markets, ongoing inflationary concerns, and rising interest rates. The sections below provide a concise and unbiased look at some of the manifested trends.

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Hobby or business?

Henry Horne

There are hundreds upon thousands of potential hobbies people could have, from quilting to woodworking to collecting stamps. Most of the time your hobby will never turn a profit, but in the case that you do earn an income you need to be aware that this income does have to be reported on your tax … Keep Reading. The post Hobby or business? appeared first on Henry+Horne.

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Valmont Divests Offshore Wind Business To Denmark-Based Euro Steel

Benzinga

Valmont Industries Inc (NYSE: VMI ) has agreed to sell its offshore wind business to a Denmark-based supplier of steel products, Euro Steel. No financial details were disclosed this time. The offshore wind business, known as Valmont SM, was acquired in. Full story available on Benzinga.com.

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Benchmark International Successfully Facilitated The Transaction Of Chustz Surveying, L.L.C. And GIS Engineering

Benchmark Report

Benchmark International is pleased to announce the transaction between Chustz Surveying, a Louisiana-Based Surveying Company, and GIS Engineering, a professional service firm across five locations in Louisiana.

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Billionaire John Textor Looks To Close $846M Lyon FC Deal As Sports M&A Heats Up

Benzinga

Billionaire John Textor is expected to finalize his takeover of Olympique Lyonnais , or the Lyon football club, this week. The former executive chair of fuboTV Inc. is reportedly meeting with the Direction Nationale du Contrôle de Gestion (DNCG) on Nov. 16 to close the transaction. The DNCG is responsible for monitoring and overseeing the ownership of top-tier football clubs in France.

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What a Difference a Year Can Make

Class VI Partner

Fed Rate Hikes & the Deal Landscape With inflation running rampant, the Fed has worked fervently to slow an overheated economy. Interest rates were raised six times by November 2022, including four consecutive 0.75% hikes. As a result, debt has become much more expensive for M&A market buyers relying on financing to execute deals. A domino effect is having far-reaching impacts on the deal landscape.

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FCF Biotech Venture Capital Monitor – USA 09/2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 09/2022”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more. The post FCF Biotech Venture Capital Monitor – USA 09/2022 published appeared first on FCF Fox Corporate Finance GmbH.