Why our very own Lev Lesokhin, of course.
If you were on Twitter Tuesday (or watching the market index), you no doubt saw AP’s fake tweet regarding an explosion at the White House that wounded the president, and the market and media frenzy that followed as a result. Not only was it remarkable to see the effect one rogue tweet could have on market stability (it temporarily wiped out $136B from the S&P 500), but the whole episode also underscored how fast paced the world of business has become.
After the episode was over, news organizations scrambling to cover the story wanted to know how this could have happened, and what, if anything, could have been done to prevent it. CNBC’s Fast Money asked our very own Lev Lesokhin to weigh in on the issue on air. You can watch his commentary here.
Did AP’s fake tweet affect you? What do you think needs to be done to keep our financial markets stable?
Erik Oltmans, an Associate Partner from EY, Netherlands, spoke at the Software Intelligence Forum on how the consulting behemoth uses Software Intelligence in its Transaction Advisory services.
Erik describes the changing landscape of M & A. Besides the financial and commercial aspects, PE firms now equally value technical assessments, especially for targets with significant software assets. He goes on to detail how CAST Highlight makes these assessments possible with limited access to the targetâ€™s systems, customized quality metrics, and liability implications of open source components - all three that are critical for an M&A due diligence.