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Nomura to buy Macquarie’s U.S., Europe public asset management business

Signage for Nomura Holdings Inc. outside the company’s Otemachi head office in Tokyo, Japan, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty Images Japanese investment bank and brokerage group Nomura said Tuesday it will buy the North American and European public investments business of Australian investment banking company Macquarie for $1.8 billion. The … Read more

Senior leaders are feeling the burden of cuts to middle management

In the pursuit of speed and efficiency, many companies have aggressively trimmed layers of middle management. Chief executives like Amazon’s Andy Jassy and Meta’s Mark Zuckerberg have championed flatter organizational structures in an effort to reduce bureaucracy and spark innovation. But what looks lean on paper is proving increasingly costly at the top. Senior executives … Read more

Elliott Management takes a stake in Hewlett Packard Enterprise — How it may create value

A general view of the Hewlett Packard Enterprise company offices in Minneapolis, Minnesota, on Jan. 3, 2024. AaronP | Bauer-Griffin | GC Images | Getty Images Company: Hewlett Packard Enterprise (HPE) Business: Hewlett Packard Enterprise is a global edge-to-cloud company. It delivers open and intelligent technology solutions as a service. The company offers cloud services, … Read more

How Elon Musk reportedly staked Tesla’s future on robotaxis against the advice of his own senior management team

Elon Musk is known for being among the most demanding CEOs in the world, someone who aspires to nothing less than altering the course of history whether in business or politics.  So when executives in his Tesla leadership team lobbied to fill a much needed gap in its product range, he was anything but impressed, … Read more

HPE shares rise after activist Elliott Management takes $1.5 billion stake

Shares of Hewlett Packard Enterprise jumped nearly 5% after Elliott Investment Management built a more than $1.5 billion stake in the server maker, a person familiar with the matter told CNBC. The activist investor hopes to engage the company in discussions on how to improve shareholder value, the source said. Elliott and HPE declined to … Read more

Stripe CEO says company management regularly asks customers for ‘candid feedback’

Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is … Read more

Abacus Global Management Inc: A Life Insurance Powerhouse on the Rise

In a market where growth is often measured in incremental steps, Abacus Global Management Inc (NASDAQ:ABL) has taken giant leaps forward. The company’s latest earnings report for Q4 2024 showcases a remarkable story of expansion and success. With total revenue soaring by an impressive 40% year-over-year to $33.2 million, Abacus Global Management is solidifying its … Read more

Robinhood launches banking and wealth management services

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Aletiq secures $6.5M for its SaaS tool focused on product lifecycle management

Aletiq has raised a €6 million funding round led by Point Nine a few months ago (around $6.5 million at current exchange rates). The French startup is announcing the founding round today. Aletiq has been developing product lifecycle management (PLM) software for manufacturing industrial companies working in aerospace, automotive, electronics, luxury and more. When you … Read more

ClickUp is launching a revamped calendar tool for task and meeting management

Productivity platform ClickUp launched a revamped calendar tool that integrates tasks, docs, chats, and meetings in one place. The most interesting features of the calendar are an integrated AI meeting notetaker and AI-powered time blocking for tasks. ClickUp already had a calendar product, but it was focused more on team management and scheduling. Last year, … Read more

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