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☆ YouTube, a major Google growth engine, grinds to a halt as advertisers pull back. It's not going to get better in the key holiday quarter.
▼ + stars: | 2022-10-26 | by ( Tom Dotan | ) www.businessinsider.com time to read: +3 min

YouTube ad revenue fell 2% from last year, the first time the platform showed a decline in revenue. For years, YouTube has been Google's ad revenue growth engine. The video unit posted its first ever year-over-year decline in ad revenue, as advertisers pulled back due to the uncertain economy. The results raised questions about YouTube's long-term revenue growth potential. Google executives tried to minimize the significance of YouTube's decline by saying the company suffered from comparisons to its breakout growth last year.

☆ Deutsche Bank cuts investment banking jobs as M&A deals dry up -source
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +3 min

Investment bankers were awash with deals in 2021 but have seen few this year as companies halt buyouts and listings amid volatility in the capital markets, tensions between the United States and China, and the Russia-Ukraine war. A Deutsche bank spokesperson declined to comment. The move is a setback for Deutsche, whose investment bank in recent years recovered from being its problem child to its strongest revenue generator thanks to a pandemic trading boom and the deal-making frenzy. Until recently, senior investment bankers had said they wanted to further expand advisory services. Last year, Germany's largest lender began gingerly hiring new staff at its investment bank.

☆ Meet 9 top media bankers transforming the M&A landscape and driving deals for Warner Bros. Discovery, Legendary, Amazon, and more
▼ + stars: | 2022-10-20 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

2022 kicked off with some huge transactions, from AT&T's WarnerMedia spin-off to private equity scooping up content players. Brad Pitt's production company, Plan B, and Diamond Sports Group both recently tapped big banks to explore their options. Not surprisingly, WarnerMedia was at the heart of the richest transaction fee waterfall for big banks in 2022. Moelis and LionTree were just tapped to help figure out what's next for Sinclair's Regional Sports Networks, Diamond Sports Group, while Brad Pitt's production company, Plan B, also hired Moelis to shop the production company, according to Variety. There's lots of dry powder still in private equity, Navid Mahmoodzadegan, co-founder and co-president at investment bank Moelis, told Insider.

☆ Netflix trying to capture lower end of market with ad-based subscription offering, says analyst
▼ + stars: | 2022-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix trying to capture lower end of market with ad-based subscription offering, says analystNeil Campling, head of TMT research at Mirabaud GTS, discusses Netflix's third-quarter earnings, subscriber numbers, and the company's strategy for increasing market share.

☆ Deutsche Bank names head of semiconductor sector within TMT group
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

Oct 18 (Reuters) - Deutsche Bank (DBKGn.DE) has hired Robert Lee as managing director and head of the semiconductor sector within its technology, media & telecom (TMT) group in the Americas, according to an internal memo seen by Reuters on Tuesday. The memo, the contents of which were confirmed by a Deutsche Bank spokesperson, said Lee comes with over two decades of experience in the technology hardware industry, and has executed deals across banking products including M&A and initial public offerings. The hiring comes at a turbulent time for the U.S. M&A market that has suffered from dampened investor sentiment, particularly for tech companies, amid geopolitical turmoil, rising interest rates and fears of a recession. Lee, who will be based in San Francisco, joins Deutsche Bank from BMO Capital Markets (BMO.TO) and has previously also worked within tech investment banking at RBC Capital Markets (RY.TO) and Jefferies & Company. Register now for FREE unlimited access to Reuters.com RegisterReporting by Manya Saini in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Here are Tuesday's biggest analyst calls: Meta, Apple, Walmart, Netflix, Coca-Cola, Roblox & more
▼ + stars: | 2022-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley reiterates Walmart as overweight Morgan Stanley said that Walmart+ could be worth $45 billion. Morgan Stanley upgrades Amgen to overweight from equal weight Morgan Stanley said the biopharma company is a defensive stock. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said Microsoft has an attractive valuation. Morgan Stanley downgrades Zoom to equal weight from overweight Morgan Stanley said there's a lack of near term catalysts for the stock. Morgan Stanley names Taiwan Semiconductor as a catalyst driven idea Morgan Stanley said it's bullish heading into semiconductor company's analyst meeting on Thursday.

Buying other companies is one option to help maintain its historical 20%-plus annual revenue growth, a person familiar with Amazon's deal process said. While Amazon doesn't necessarily prey on companies in trouble, the company is extremely price disciplined, the person familiar with Amazon's deal process told Insider. Bertucci has been a part of some of Amazon's largest transactions, including leading the MGM and One Medical deals. According to the person familiar with Amazon's deal process, Amazon only brings in investment banks when acquisitions reach roughly the $1 billion mark. Indeed, the One Medical deal alone could have netted Goldman and Morgan Stanley, which repped One Medical, in the tens of millions in fees.

☆ Meet 9 top media bankers transforming the M&A landscape as streaming video reshapes entertainment
▼ + stars: | 2022-09-29 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +4 min

2022 kicked off with some huge transactions, from AT&T's WarnerMedia spin-off to private equity scooping up content players. Company valuations are set to fall back to earth in 2023, and private equity and strategics are lying in wait. Not surprisingly, WarnerMedia was at the heart of the richest transaction fee waterfall for big banks in 2022. Joshua Grode's Legendary Entertainment, backed by Dalian Wanda and now Apollo Group, which took a stake in the studio in January. There's lots of dry powder still in private equity, Navid Mahmoodzadegan, co-founder and co-president at investment bank Moelis, told Insider.

☆ Goldman Sachs' bankers get their marching orders as Wall Street starts to purge under-performers
▼ + stars: | 2022-09-26 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

The cuts come after Goldman's investment bank logged a 41% dip in year-over-year revenues in July. Goldman Sachs has started wielding the axe at its investment bank. The job cuts are likely to echo across Wall Street, particularly within investment-banking divisions like capital markets and M&A advisory, bankers told me. US lawmakers pressed bank chief executives on reports of fraud on the Zelle payments network. Wall Street is completely delusional about the pain that is coming for the stock market.

☆ Goldman Sachs layoffs are underway as mid-level TMT bankers get handed pink slips from New York to San Francisco
▼ + stars: | 2022-09-23 | by ( Reed Alexander | ) www.businessinsider.com time to read: +3 min

Its tech, media, and telecom division has suffered roughly a dozen layoffs, Insider has learned. The news will fuel growing anxiety about cuts as Wall Street prepares third-quarter results. The TMT layoffs are part of a broader cost-cutting effort at Goldman that is resulting in layoffs across other investment banking teams and in offices around the world. Economic conditions are hammering Wall Street as public valuations tank, fears of a recession mount, and corporate confidence to get deals done dwindles. For the time being, the IPO market continues to remain stalled — creating further reason for worry as Wall Street prepares to report third-quarter earnings next month.

☆ TECHFLOW EUROPE 2021: Experți IT cu renume mondial despre viitorul ingineriei software
▼ + stars: | 2021-04-08 | by ( Onixmedia Srl | ) diez.md time to read: +3 min

Ediția din acest an se va desfășura online în toate locațiile Endava din Europa și vizează peste 2000 de participanți în cele două zile de conferințe și prezentări tehnice. Evenimentul va avea loc în 15 și 16 aprilie 2021 și va include unii dintre cei mai renumiți experți IT, care își vor împărtăși cunoștințele și experiența privind viitorul ingineriei software. Agenda include o discuție în timpul primei zile și 14 prezentări principale în cea de-a doua zi. Endava este lider în furnizarea de servicii tehnologice de ultimă generație și își sprijină clienții în dezvoltarea propriilor organizații, prin utilizarea soluțiilor scalabile de Distributed Enterprise Agile. Clienții Endava activează în industriile de Plăți, Servicii Financiare, TMT (Tehnologie, Media si Telecom), Bunuri de Consum, Logistică și Medicală.

Persons: Adam Bien, Paul Stack, Mark Heckler, Ana Maria, Manuel Pais Organizations: Evenimentul, Java, IBM, Endava, Media Locations: Europa, JAVA, Telecom, America de Nord, Europa de Vest, România, Moldova, Bulgaria, Serbia, Macedonia de Nord, Slovenia, Bosnia, Herțegovina, Argentina, Uruguay, Venezuela, Columbia

☆ Endava anunță achiziția companiei americane Levvel LLC
▼ + stars: | 2021-04-01 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

Compania de software britanică Endava a anunțat astăzi achiziția companiei Levvel LLC, cu sediul central în Charlotte, Carolina de Nord, întărindu-și astfel capabilitățile de livrare „close to client” în America de Nord. Levvel deține un portofoliu orientat către zona de servicii financiare și plăți, logistică/mobilitate, TMT (tehnologie, media și telecom). Endava a înregistrat o capitalizare bursieră de 4,17 miliarde de dolari pe Bursa din New York, în data de 31 martie 2021. Clienții Endava activează în industriile de Plăți, Servicii Financiare, TMT (Tehnologie, Media si Telecom), Bunuri de Consum, Logistică și Medicală. Levvel are sediul central în Charlotte, Carolina de Nord și birouri în New York, Raleight, Atlanta și Monterrey Mexic.

Persons: Levvel, Endava Organizations: Endava, Levvel, Magazine, FIVE, Media, enterprise, Google, IBM, Red Hat, Early Locations: Charlotte, Carolina de Nord, America de Nord, Levvel, Statele Unite, Statele Unite ale Americii, Inc, Mexic, New York, Telecom, Europa de Vest, România, Moldova, Bulgaria, Serbia, Macedonia de Nord, Slovenia, Bosnia, Herțegovina, Argentina, Uruguay, Venezuela, Columbia, Raleight, Atlanta, Monterrey Mexic, Hashicorp, Finxact, Plaid, and

Moldova Startup Week 2020 / Sursa:Moldova Startup Week 2020Levan Kaftaradze, director adjunct, TMT Investments: „Urmăresc piața de startup-uri din Republica Moldova deja de 3 ani. Pentru noi, Staf Online, participarea la acest eveniment a fost o premieră și nu am avut mari așteptări. A fost o primă experiență de a ne prezenta startup-ul în fața investitorilor și feedback-ul juriului este valoros pentru noi. Moldova Startup Week 2020 / Sursa:Moldova Startup Week 2020Ana Chirița, directoarea Proiectului TEKWILL: „La Moldova Startup Week am pus în lumina reflectoarelor startup-urile din Moldova, pentru ca acestea să poată primi feedback real din partea investitorilor profesioniști. În acest an am lansat Programul național pentru susținerea antreprenoriatului IT din țară – Startup Moldova – inițiativă pe care o vom extinde.

Persons: Andrew Wrobel, Jakub Stracina, Peter Parragh, Stanislav Ivanov, George Teaman, Ana Chirița Organizations: Staf, Agenției, Agenției Statelor Unite Locations: Europa, Estonia, Ungaria, Moldova, Republica Moldova, PR, Suediei, Agenției Statelor

☆ Top cinci oratori la Moldova Startup Week. Unul dintre ei a dezvoltat trei startup-uri cu o valoare de peste 1 miliard de dolari
▼ + stars: | 2020-11-10 | by ( Onixmedia Srl | ) diez.md time to read: +6 min

Top cinci oratori la Moldova Startup Week. În ultimii 10 ani, a susținut dezvoltarea a câteva mii de startup-uri și a verificat zeci de oferte de capital de risc în „TMT Investments”. Levan a fost lucrat la „IQ Investment Ltd” și „TradeMatic Ltd”, unde a fost responsabil de supravegherea tehnică și financiară a unor aplicații rusești și internaționale și elaborarea business planurilor și a modelelor financiare. De asemenea, el a lansat câteva startup-uri și a activat ca manager de proiect și director de proprietate intelectuală în mai multe companii IT. „Techstars Startup Week” este organizat de Startup Moldova cu sprijinul Agenției Statelor Unite pentru Dezvoltare Internațională (USAID) și a Suediei în cadrul Proiectului Tekwill.

Persons: Kamran, Moshe Porat, Israel ., Levan, Antonio Nasuto, Antonio, El, Simon Zagaynov, Simon Organizations: filantropia, Științe Politice, Universitatea din, IT, IBM, Forbes China, Agenției, Agenției Statelor Unite Locations: Moldova, Iran, SUA, Japonia, China, India, Israel, Singapore, Universitatea din Tel - Aviv, Modiin, Moshe, Rusia, Republica Cehă, Europei Centrale, Est, Week, Agenției Statelor, Suediei

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