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US federal judge rules that Citibank isn’t entitled to be returned $500M it accidentally sent to creditors early via Flexcube software, which had a confusing UI (Timothy B. Lee/Ars Technica)

Timothy B. Lee / Ars Technica:US federal judge rules that Citibank isn’t entitled to be returned $500M it accidentally sent to creditors early via Flexcube software, which had a confusing UI  —  Citibank was trying to make $7.8M in interest payments.  It sent $900M instead.  —  A federal judge has ruled that Citibank …

18 February 2021 0

Loans bankers pin hopes on M&A boost as SF-Kerry deal signals revival

Chinese delivery company SF Express Co is seeking an up to HK$24bn ($3bn) loan for its acquisition of Kerry Logistics Network, signalling the start of a revival in fundraising for event-driven situations. Pan Yue reports.

18 February 2021 0

Macrotech builds new IPO plans

Macrotech Developers, an Indian real estate company that was called Lodha Developers until mid-2019, has revived plans for a listing under its new name, three years after its last attempt at an IPO.

18 February 2021 0

Investors expect Alpek to fly in quiet Lat Am

Mexico petrochemical company Alpek could announce a new 10 year note as soon as Thursday, and investors expect the issuer to receive strong demand amid a quiet Latin America primary market.

18 February 2021 0

India banning crypto is technically, socially, and politically infeasible; instead, India should use its remittance-friendly regulations to legalize crypto (Balaji S. Srinivasan)

Balaji S. Srinivasan:India banning crypto is technically, socially, and politically infeasible; instead, India should use its remittance-friendly regulations to legalize crypto  —  India already has a regulatory regime for crypto.  It’s called the Foreign Exchange Management Act.  —  Previously, I detailed why India should buy Bitcoin.

18 February 2021 0

Former Waze CEO reflects on his time at Google and the impact of the acquisition on autonomy, the brand, hiring and firing, distribution, compensation, and more (Noam Bardin)

Noam Bardin:Former Waze CEO reflects on his time at Google and the impact of the acquisition on autonomy, the brand, hiring and firing, distribution, compensation, and more  —  It’s been two weeks since I left Google and I keep getting asked “why did I leave now”?  I think the better question is “why did I…
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18 February 2021 0

Sources: Google will restructure its Responsible AI teams to centralize them under a single Black executive, Marian Croak, in wake of Timnit Gebru’s departure (Bloomberg)

Bloomberg:Sources: Google will restructure its Responsible AI teams to centralize them under a single Black executive, Marian Croak, in wake of Timnit Gebru’s departure  —  – Company seeks to stabilize department amid internal rancor  — Responsible AI teams to be centralized under single executive

18 February 2021 0

Recent deals like the iHeart Media’s purchase of Triton Digital suggest that ad tech will be key to the long term success in podcasting, not exclusive content (Ashley Carman/The Verge)

Ashley Carman / The Verge:Recent deals like the iHeart Media’s purchase of Triton Digital suggest that ad tech will be key to the long term success in podcasting, not exclusive content  —  iHeart Media acquires Triton Digital for $230 million  —  iHeartMedia, the company behind podcasts like Stuff You Should Know and hundreds …

18 February 2021 0

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