Given that Tech layoffs have ramped higher each quarter since Q3 2021, I don't see how Tech is an investor safe haven. Q1 2023 is the worst quarter yet in terms of the number of employees laid off and it could get far worse from here as this credit crisis will be more severe than … Continue reading Tech Is No Safe Haven
Pinterest (PINS) has a problem: Google (GOOGL) is better at idea generation. A search conducted on Google's main page, on Google Images or on YouTube yields better results (my opinion) than does Pinterest. In addition, Google does not require that I set-up an account to perform those basic search functions. Google will always have better … Continue reading Pinterest Has A Problem: Google
It is unclear how Lina Khan's FTC picking fights with the largest Technology companies is making markets more competitive. (AAPL, AMZN, GOOG, INTU, META, MSFT) In the case of META, our view is that M&A is the best way for the company to get back on track. We would be in favor of META making … Continue reading Lina Khan’s FTC Is A Bully
Google's customer-facing payments execution is confusing. One must drill down to understand the difference between Google Pay, G Pay and Google Wallet. Further, Google's strategy for each of its FinTech apps differs by geography. Google's confusing positioning is surprising to us given that we have the utmost respect for Bill Ready who leads Google's Payments … Continue reading Google Pay, G Pay, Google Wallet, Oh My!
Based on the inbound traffic to our CEORater and TEK2day properties our best guess is that M&A due diligence is taking place for a deal between some combination of Fiserv (FISV), FIS Global (FIS) and Global Payments (GPN). The last time we saw this type of activity on our platform was in the several months … Continue reading Deals Brewing Based On CEORater and TEK2day Traffic?
Our past two articles focused on Advanced Automation manifested through the application of broadly-defined Artificial Intelligence as applied to Enterprise Software. Continuing the Advanced Automation theme, we expect food producers, automobile producers, retailers and other operations to accelerate their adoption of various forms of advanced automation including Robotics and automated payments (think Amazon Go's cashierless … Continue reading Inflation and Regulation Will Accelerate Adoption of Advanced Automation
Our most recent podcast episode (#426) focuses on the opportunity cost of not having the correct person in the CEO chair. Further, we discuss operational elements CEOs may leverage to avoid being disrupted. Operationalizing "innovation" is one such example. The link to this episode on SoundCloud may be found HERE. https://soundcloud.com/ceorater
Walmart's (tkr: WMT), E-Commerce offerings continued to scale with revenues of $17.1 billion in Q4 and $60.3 billion for the year. E-Commerce accounted for approximately 11% of Walmart's total Net Sales for the year ended January 31st. WMT E-Commerce is larger than many e-commerce companies from a revenue standpoint including PayPal, Shopify, Square and Wayfair … Continue reading Walmart E-Commerce Continues To Scale. A Spin-Off Could Unlock Shareholder Value.
Last night it was reported that M&T Bank (tkr: MTB) would acquire People's United (tkr: PBCT) for more than $7 billion. These "scale" acquisitions between regional banks simply delay the inevitable. What is required is the hard work of evolving business models and service delivery capabilities. More of the same won't suffice. Regional banks are … Continue reading Banks Need To Try Something New
Legacy payments companies still have not fully embraced mobile applications. For example, Global Payments (tkr: GPN) chooses to white label certain mobile payment applications from Apriva rather than fully own its technology stack. All mobile applications are not created equal. The user experience differs dramatically across mobile apps and is primarily a function of the … Continue reading It’s Difficult For Legacy Payments Companies To Learn New Tricks