#news

Anybody hearing info on upcoming large outsourcing deal in the works? (Similar to Infosys and HCL deals in recent history, but larger)

What should we know? ...See full article: https://www.linkedin.com/posts/bryanclagett_fintech-payments-creditunions-share-7480737705392287744-i6sg/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACq7UQBsrEhzsmtOcUrxPw12id8cFohgfI

They are being investigated for US H1B Visa fraud?
It is in the news.

https://www.lightreading.com/business-management/t-mobile-hires-former-at-t-exec-chris-sambar-for-b2b-push

https://www.cnbc.com/2026/07/09/pepsico-pep-q2-2026-earnings.html

https://thehill.com/homenews/administration/5959880-vance-h1b-visa-fraud-wisconsin-speech/

https://www.hr-brew.com/stories/oracles-layoffs-spend-to-make-money

This seems like a small round, but you can never tell with the size of the company.

A proposed US bill aimed at preserving access to premium online games has failed to pass a senate vote. The Protect Our Games Act, championed by California Assemblyman Chris Ward, had previously cleared the state assembly. Consumer advocacy group Stop Ki-ling Games plans to re-strategize and seek further funding for future efforts. This outcome represents a setback for players advocating for continued access to digital titles. The campaign intends to pursue legislative action again.

United States

https://www.thegamebusiness.com/p/publishers-score-us-victory-against

https://www.cnbc.com/2026/07/08/att-could-sink-as-starlink-use-soars-wells-fargo-says.html

Wells Fargo initiated coverage of AT&T with an underweight rating and set an $18 price target, implying nearly 15% downside from Tuesday's close.
In a note to clients, analyst Steven Cahall says Starlink is a near-term gainer in broadband relative to fixed wireless access and a longer-term disruptor to wireless. He says competition is likely to be fierce outside AT&T's fiber footprint, while the company's weaker market share footholds outside wireline areas leave its wireless net additions most at risk.

Cahall also says AT&T is less likely than rivals to strike a mobile virtual network operator partnership with Starlink. That leaves the company needing stronger execution in fiber and convergence to create upside for the stock, in his view.

Any news?

Looks like Hudson was saved for now. Maybe they can't find a buyer yet. Mt Top has been sold.

Anyone know of changes happening this month?

https://www.reuters.com/business/finance/big-us-banks-explore-fiserv-network-deal-wsj-reports-2026-07-06/

Just heard of several people in support and professional services getting whacked today. Bloody Monday

www.wsj.com/tech/ai/ai-workers-tech-ceos-job-losses-afc71e15

It flopped that quickly.

Today I got an email of a mandatory meeting, there is a new partnership for customer service, and if you check the news it's Hexaware, which is a company that is known for replacing staff for AI. I'm not surprised due to hiring issues but makes sense why no one has been replaced yet.

Any news?

It's happening soon right

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

Someone has gotta pick up this news event.

Any news about cuts before the end of the month?

https://www.linkedin.com/pulse/leaked-tape-shattered-silicon-valleys-ai-illusion-jean-pierre-mugenga-fil9e?

PitchBook provides a worldwide list of unicorn businesses. These are privately held enterprises worth over one billion dollars. The tracker covers firms founded from 2016 onward. On February 2, 2026, 1,590 active unicorns were identified globally. The United States holds the majority with 853 companies.

https://pitchbook.com/news/articles/unicorn-startups-list-trends

“Transforming the health of the communities we serve, one person at a time.”

If the Northwell/Fidelis dispute isn’t resolved, that’s certainly one way to transform a community of up to 240,000 members.

“We do what’s right, not what’s easy.”
“We measure success by the trust we build.”

I’m sure Northwell is overflowing with trust right now. Transforming the heck out of that community. 😳

https://www.beckerspayer.com/contracting/northwell-fidelis-face-network-split-affecting-240000/

H1bs applications skyrocketed in 2026 https://www.newsweek.com/h-1b-visas-skyrocket-despite-trump-admin-crackdown-12154338

https://www.investing.com/news/stock-market-news/oreilly-automotive-bids-for-genuine-parts-auto-unit--bloomberg-93CH-4773945

O’Riley buying NAPA Auto.

https://www.yahoo.com/news/us/articles/ford-fired-11-worker-over-145900113.html

https://www.aramark.com/newsroom/news/2025/december/aramark-celebrates-national-cookie-exchange-day

FUBAR

NCR Atleos started laying off people in Poland

https://www.yahoo.com/news/us/articles/ford-fired-11-worker-over-145900113.html

Dells market cap will be cut in half in the coming weeks. Nobody needs Dell anymore, take your energy polluting products to Mars

Seems to not be mentioned or advertised anymore.

And so it begins! The long standing tradition of the Managing Partner sending an Independence Day message seems to have been left to DC this year.

What’s next?

https://finance.yahoo.com/markets/stocks/articles/oppenheimer-downgrades-t-stock-spacex-221700914.html

Sales got hit, rest of company will survive unscathed

It's over folks , rest easy

Associated Press plans to establish a new production hub in India. Executive Editor Julie Pace confirmed this move will likely lead to additional layoffs. The hub aims to scale both video and photo capabilities globally. This initiative is set to impact current U.S.-based production staff. AP previously laid off 20 U.S. journalists and offered buyouts earlier this year.

https://www.thewrap.com/media-platforms/journalism/ap-defends-layoffs-india-production-hub/