📈 Microsoft's second-biggest ever buyout

Microsoft adds another string to its bow | Darktrace steps into the light |

Hi Reader, here's what you need to know for April 13th in 3:06 minutes.

☕️ Finimized over an affogato at Chocolaterie Beluga in Munich, Germany (2°C/35°F 🌨)

Today's big stories

  1. Microsoft is buying speech-recognition company Nuance Communications, in what'll be its second-biggest acquisition ever
  2. There's one Bill Gates-backed industry that could take a bite out of a $140 billion market in the next decade – Read Now
  3. British cybersecurity firm Darktrace is planning to list on the London Stock Exchange

Communication Skills

Communication Skills

What’s Going On Here?

Microsoft announced very slowly and clearly on Monday that it’s buying speech-recognition company Nuance Communications, but it still accidentally ended up ordering toilet paper.

What Does This Mean?

Microsoft is already a major player in everything from cloud computing to gaming, but now the tech giant has found itself a new plaything in the form of healthcare artificial intelligence. Nuance is best-known for creating the voice-recognition technology that went into Apple’s Siri, but it’s since narrowed its focus to tools that transcribe doctor-patient discussions, integrate them into their health records, and help predict those patients’ future needs.

Microsoft is reportedly paying $56 a share for Nuance – 23% higher than the company’s share price just before the deal was announced. That would value Nuance at $16 billion, making the acquisition Microsoft’s second-biggest after its buyout of LinkedIn in 2016. And Microsoft’s not done yet: the tech giant’s in talks to buy video game chat platform Discord, and it’s approached TikTok and Pinterest in the past year too.

Why Should I Care?

For markets: Has Microsoft spotted the next high-growth sector?
That $16 billion valuation comes in at more than 10 times Nuance’s sales last year, so the deal isn’t exactly cheap. But Microsoft seems to have noticed that the healthcare sector hasn’t been digitalizing nearly as quickly as, say, retail and banking, and it’s been trying to make inroads for a while (tweet this). Now, with Nuance on its side, it might be able to take full advantage of all that untapped growth.

The bigger picture: Stay away from the sun, Microsoft.
Antitrust regulators won’t want to see one firm dominating technology in as sensitive a sector as healthcare, so investors might want Microsoft to be careful with its ambitions. They’ve recently been reminded how costly it can be to get on rulemakers’ bad sides, after all: Chinese ecommerce giant Alibaba just got slapped with a $2.8 billion fine – 4% of its 2019 revenue – for anti-competitive practices.

Copy to share story: https://www.finimize.com/wp/news/communication-skills/

🙋 Ask a question

2. Analyst Take

Why Bill Gates Has Dared Invest In Lab-Grown Meat

What’s Going On Here?

Cast your mind back to December 2020: the sale of animal protein grown in labs was approved for the very first time, in what was a major milestone for the technology.

And given rising pressures on the livestock industry, some investors – Bill Gates and Richard Branson among them – seem to think it could be the next big thing.

Lab-grown meat, after all, is well-placed to fall in step with the growing plant protein market – if not poach some of that sector’s customers for itself.

That’s no small thing: the global meat-substitute industry is now worth almost $21 billion, and could – according to Barclays – hit $140 billion within the next decade.

So that’s today’s Insight: which lab-grown meat companies to keep on your radar – and which ones Gates and Branson are backing.

Read or listen to today’s Insight here


Become a crypto expert from scratch

Crypto isn’t exactly straightforward. Blockchain, encryption, keys, wallets – it’s a real learning curve.

But with School of Block, you’ll get all the answers in simple terms. That’s our jam.

It means you won’t need any existing knowledge to gain a fundamental understanding of the crypto-verse: you’ll learn everything you need to know about crypto in plain English.

What digital currencies actually are, how the blockchain functions, why “decentralization” matters – all the good stuff in a new video every Wednesday. Oh, and it’s totally free.

So upskill yourself: get to know crypto with School of Block.

Visit The School

Please support our sponsors

Law And Orders

Law And Orders

What’s Going On Here?

So much for “crime doesn’t pay”: Darktrace announced on Monday it was planning an initial public offering (IPO) that’d value the British cybersecurity firm at as much as $4 billion.

What Does This Mean?

The UK’s been nervous about the future of tech IPOs in London ever since the Deliveroo calamity a couple of weeks ago, when shares of the much-hyped food delivery company collapsed on their debut. So Darktrace’s announcement that it’ll list on the London Stock Exchange is being welcomed with open arms, not least because the fast-growing company – which uses artificial intelligence to detect and respond to cyber threats – saw its sales climb 45% last year.

Darktrace is now hoping a successful stock market debut will raise enough money to put the firm ahead in the $40 billion global security market. And investors are feeling optimistic too, especially since it’s steering clear of the dual-share classes that give company executives more power than the average investor – which might be one of the reasons for Deliveroo’s downfall.

Why Should I Care?

For markets: European IPOs are back.
Darktrace joins a flurry of European listings announced this month, including – in what could be two of the region’s biggest deals this year so far – fund supermarket platform Allfunds and Swedish payments company Trustly. That’s breathing new life into Europe’s IPO market, which recorded its strongest quarter since 2015 in the first three months of 2021.

The bigger picture: More money means fewer problems.
IPOs are big business on both sides of the Atlantic, as companies look to raise serious money from investors to fund their expansion plans. And they’ve picked a lucrative time to try: according to Bank of America, investors have plowed $569 billion into global stock funds over the last five months – more than the previous 12 years combined.

Copy to share story: https://www.finimize.com/wp/news/law-and-orders/

🙋 Ask a question

💬 Quote of the day

“Television is more interesting than people. If it were not, we would have people standing in the corners of our rooms.”

– Alan Corenk (an English humorist, writer, and satirist)
Tweet this


Crypto swaps made simple

If you’re a seasoned crypto investor, you’ll know how tricky swapping tokens can be.

Bouncing from one exchange to the next, comparing prices side by side, shelling out fees every time you want to make a swap…

So breathe a sigh of relief: MetaMask’s new Swaps feature lets you access, store, and swap ethereum tokens straight from your MetaMask wallet.

You’ll get more value for your money too: Swaps gives you the best price with the lowest network fees. You’ll even be able to access all decentralized liquidity data in one place.

Save yourself time, cash, and tears: download the MetaMask app today.

Get the MetaMask App

Please support our sponsors

📚 What we're reading

  • The best-worst photos of the year (Vanity Fair)
  • Buy new crypto tokens before they list on exchange (CoinList)*
  • Monkey think, monkey do (CNET)
  • It’s one giant – long-awaited – leap for mankind (CNN)

🌏 Finimize Events

💪 Impact Investing 101

Want to make this world a better place, but not sure how to make a real difference? Jamie Broderick, former UK CEO of UBS Wealth, knows a thing or two about that: he’ll guide you through how to become an impact investor, and how to start shifting the priorities of the companies you’re backing.

😎 How To Become An Impact Investor: 4pm UK time, April 15th
🔥 The Three Most Important Trading Signals: 6pm UK time, April 20th
👩‍🎨 Are NFTs A Digital Bargain Or Bubble?: 2pm UK time, April 21st
💡 Investing In Small Stocks: 6pm UK time, April 21st
🏡 The Pros and Cons Of REITs And Real Estate: 1pm UK time, April 22nd
📈 How To Inflation-Proof Your Portfolio: 6pm UK time, April 22nd
🚀 Space: The Final Investment Frontier: 6pm UK time, April 27th
💰 Crowdfunding Club: 1pm NYC time, April 28th
🛢 The Energy Sector’s New Direction: 4pm UK time, April 29th’
🔪 How To Cut Through The Spin: 6pm UK time, April 29th
👋 Live Q&A With CEO Max Rofagha: 1.30pm UK time, April 30th

❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag.

Share your unique link:


You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: atabik yusuf djufni - Shutterstock giphy | August_0802, ALAUR RAHMAN, RealCG Animation Studio, Alan Kean - Shutterstock


Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails


Crafted by Finimize Ltd. | Third Floor, 1 New Fetter Lane, London, EC4A 1AN, UK.

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021

View Online

Older messages

🍾 There's a new crypto play in town

Sunday, April 11, 2021

So many SPAC puns left unused | The dollar's back in action | TOGETHER WITH Hi Reader, here's what you need to know for April 12th in 3:09 minutes. 🌍 If you want to make sure your money has a

🌮 Eat the rich (companies)

Thursday, April 8, 2021

The US has a one-tax mind | BlackRock loves windmills | Finimize Hi Reader, here's what you need to know for April 9th in 3:11 minutes. 🥤 Finimized over a blueberry and strawberry smoothie at Shell

🎯 Samsung targets serious profits

Wednesday, April 7, 2021

Go get 'em, Samsung | CVC goes on vacation | TOGETHER WITH Hi Reader, here's what you need to know for April 8th in 3:12 minutes. 👋 Come find the official Finimize Club on Clubhouse, folks:

💔 The broken bitcoin fund

Tuesday, April 6, 2021

Give a bank a break, Archegos | L'argent, c'est magnifique | TOGETHER WITH Hi Reader, here's what you need to know for April 7th in 3:09 minutes. 🍷 A bottle of wine or whiskey could be

⚠️ Found: value opportunities

Monday, April 5, 2021

Growth vs value | Emerging markets have emerged | Finimize Hi Reader, here's what you need to know for April 6th in 2:59 minutes. 🎉 We'll be back bright-eyed and bushy-tailed with your next

Fintech News Issue #323

Thursday, August 5, 2021

Draper Esprit, P2P Landing Change, Crypto Lobby, Stablecoins, 7 Insurtechs with Multibillion-Dollar Valuations, Square buys Afterpay See Online Issue 323 2021-08-05 People have too many accounts these

What's this craze about "Buy now pay later" companies?

Thursday, August 5, 2021

Finshots What's this craze about "Buy now pay later" companies? US payments giant Square recently agreed to pay an eye-popping $29 billion to acquire an Australian “Buy now pay later”

Booster shot ban

Wednesday, August 4, 2021

Bloomberg One-fifth of one billion. That's how many coronavirus infections have been confirmed since the pathogen began spreading in earnest 20 months ago, with the actual number almost certainly

💔 Robinhood doesn't love you back

Wednesday, August 4, 2021

Recall me once, shame on you, recall me twice... | Sony saves its progress | TOGETHER WITH Hi Reader, here's what you need to know for August 5th in 3:11 minutes. 😎 Head to our next Crowdfunding

FTT Update: This Newsletter Isn't A Meme Stock (Yet)

Wednesday, August 4, 2021

​ ​ ​ Hi all, Julie here. Writing this in between a lot of meetings today. Thanks again to Public.com for having me on your live event to talk about BNPL! Was fun having a clubhouse-like product built

Go the extra distance with a coach

Wednesday, August 4, 2021

Get 10% off your first coaching session. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Why is El Salvador embracing Bitcoin and why doesn’t IMF approve?

Wednesday, August 4, 2021

Finshots Why is El Salvador embracing Bitcoin and why doesn't IMF approve? In today's Finshots we discuss El Salvador's experiment with Bitcoin and understand why IMF believes this might be

SEC targets crypto

Tuesday, August 3, 2021

Bloomberg Washington, Wall Street and Silicon Valley all want to know: where does Securities and Exchange Commission Chair Gary Gensler stand on cryptocurrency? In an exclusive interview with Bloomberg

😢 China to outlaw fun

Tuesday, August 3, 2021

At least we still have Tetris | European oil companies not good enough for ya, huh? | TOGETHER WITH Hi Reader, here's what you need to know for August 4th in 3:04 minutes. 😎 Our next Crowdfunding

FTT+: Is BNPL A Feature? Standalone? Both?

Tuesday, August 3, 2021

​ ​ What's up everyone—happy Tuesday! No playlist today as I've just been listening to random Drake songs over the past week. I was trying to have a relatively chill Sunday when some huge news