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Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...

Ukraine, U.S. Draft Defense Deal To Supercharge America's Kamikaze Drone Production U.S. and Ukrainian officials have drafted a memorandum that could open a formal channel for Kiev to export battle-tested war technology to the U.S., while also easing the path for U.S. defense firms to form joint ventures with Ukrainian "war unicorns" to mass-produce low-cost, one-way attack drones. The report comes from CBS News, citing three sources familiar with the matter, who say U.S. State Department officials and Ukraine's Deputy Prime Minister for European and Euro-Atlantic Integration, Olha Stefanishyna, are working...

Iceland Strips Father Of Custody After Questioning Gender Transitioning Of His Minor Child Authored by Jonathan Turley, We just discussed the horrifying story of a Christian family in Sweden who have been unable to regain custody of their daughters after the government declared them religious extremists. In Iceland, a father has been stripped of his parental rights after speaking out against his 11-year-old autistic son‘s sex change. Alexandre Rocha, a French national who has lived in Iceland for 25 years, lost custody of the child to the child’s mother in December after questioning the long-term impacts...