Early Morning Byte: Wednesday, June 12, 2024

💼 Make Your CIO Count

June 12, 2024 • Estimated Reading Time: 5 minutes

Good Morning! ☀️ As we anticipate a surge in M&A activity for 2024, the role of a strong CIO has never been more vital. This week, we look into why every M&A deal needs a strategic CIO to navigate integrations and drive value creation.

But that's not all! As we discuss the intricate dance of mergers and acquisitions, let's test your knowledge with a little trivia question 🤓 What startup, acquired by Facebook for $1 billion in 2012, then became the fourth most downloaded app? 📱

FEATUREDWhy Every M&A Deal Needs a Strong CIO

PwC, McKinsey, Morgan Stanley, and EY have all predicted a robust M&A market for 2024 with deal volumes rising and deal value on the uptick after the lowest activity in almost two decades. In fact, the latest EY Deal Barometer forecasts a 20% increase in US corporate M&A deal volume and a 16% rise in US private equity M&A deal volume for 2024.

By H. Michael Burgett, Contributing Writer ● Read More…

EXECUTIVE OPPORTUNITIES

Trupanion is the leader in medical insurance for cats and dogs throughout the United States, Canada, Europe, Puerto Rico and Australia with over 1,000,000 pets enrolled.

Founded in 1990, Zaxby's is committed to serving delicious Chicken Fingerz, Zalads, wings, and signature sauces with Southern hospitality and a modern twist.

Aims is a fully accredited, public and local tax supported two-year college. It has four campuses across northern Colorado, with an additional Flight Center location.

CIOs ON THE MOVE

JPMorgan Names New Chief Technology Officer

JPMorgan Chase has appointed its new Chief Technology Officer. He joins the company with a distinguished track record from his time at companies like eBay and PayPal.

By Emily Hill, Contributing Writer ● Read More…

EXTRA BYTES

According to a recent report by security tech company Pindrop, 67% of respondents expressed concern over the potential use of deepfakes and voice clones in the banking sector.

This week at Apple’s annual Worldwide Developers Conference, Apple is set to reveal its latest AI system, “Apple Intelligence,” which will be available on iPhone, iPad, and Mac.

Baystate Health is a not-for-profit, integrated healthcare system serving more than 800,000 people throughout western New England.

According to sources, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) will lead the respective probes, focusing on potential anticompetitive practices by these tech giants.

RESOURCE HUB

IT LeaderBoard

The Premier Job Site for Technology Leadership Talent

Connecting organizations with the top 5% of technology leaders. As the only national job board for technology leadership positions, we have curated the best, most relevant candidates not found through traditional sourcing methods.

QUIZZICLE

Facebook Acquired What Company?

What startup, acquired by Facebook for $1 billion in 2012, then became the fourth most downloaded app?

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