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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

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Due Diligence During Economic Downturn

Alpha Sense BI

In periods of high risk, renewed attention is brought to due diligence and what should concern your decision-making. For any business, maintaining a steady, reliable cash flow is vital to surviving unpredictable, underwhelming fiscal performance—especially in an economic downturn. Is Cash Flow Stable?

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4 perils of being an IT pioneer

CIO

Here are four major setbacks that business and IT leaders could encounter if they rush to adopt a new technology without due diligence. Lack of support Finding resources who are skilled with a new technology can be a challenge. The business folks went all out as they wanted to get the maximum out of the solution.

IT 523
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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

Banking 59
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5 ESG Investing Trends and Developments to Watch in 2023

Alpha Sense BI

ESG — environmental, social, and governance — centers on a more stakeholder -centric approach to doing business by establishing ethical and eco-conscious corporate policies that provide transparency to investing parties. But today, ESG has emerged as a business-as-usual topic, even amid uncertain global economic conditions.

Finance 98
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Athene and Annexus Announce Expanded Index Lineup

Wink Intel

” “Annexus takes great pride in the rigorous due diligence and in-depth research and analysis that goes into our index selection process,” said Co-Founder Don Dady. Athene USA is headquartered in West Des Moines, Iowa and is the principal operating location for Athene’s business in the United States.

Banking 40
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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. ACH payments allow users to transfer cash from one bank to another online. Most businesses accept credit and debit card payments for convenience. Lower costs.

Banking 236