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lynch mike autonomy shadyHP fraudster to
be extradited?

Ex-Autonomy chief Lynch
to stand trial in US courts

US authorities have formally requested the extradition of Mike Lynch, the ex-Autonomy boss who sold the company to Hewlett Packard in an ill-fated $11Bn deal, to face charges including securities fraud, wire fraud and conspiracy.

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Screen Shot 2019 12 01 at 4.17.22 PMBlack Friday
sales surge

Online spend topped
Mall traffic shoppers.
40% buy via mobiles

The CyberWeek shopping bonanza kicked off on Wednesday and Adobe Analytics reckons total sales over the holiday period may top $20Bn with online purchases growing c15% maintaining the 2019 momentum....

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Screen Shot 2019 11 29 at 10.07.12 AMTech Data taken.
Tops Buffett bid

Both IT wholesalers now
owned by Venture Caps.

Private equity firm Apollo Global Management was forced to raise its bid for TechData to $6Bn after Warren Buffett's Berkshire Hathaway came in with a rival offer.  It is unlikely that Buffett will counter bid handing over another wholesaler to vulture caps......

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Screen Shot 2019 11 29 at 1.03.58 PMCyberWeek start
surges 14% v '18

5 Trends shape shopping.
Will malls continue crash?

Shoppers spent $4.2Bn online on Thanksgiving Day, a 14.5% increase from last year, according to data released by Adobe Analytics, which monitors the online transactions of 80 of the top US 100 etailers. Will consumer spend hold up until Cyber Monday?

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Screen Shot 2019 11 29 at 1.25.22 PMDigital dealers
BOSS Awards

VOW connections clean up
at group & personal levels

The winners of the BOSS Industry Awards 2019 were announced last night at its big night in the City of London. Progressive dealers were prominent and the VOW wholesale connection dominated the dealer group and individual professionals recognition level...

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