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Technology

Companies, regulation and the technology market in Brazil and worldwide.

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The largest NASDAQ technology companies: what they file with the SEC and what the press reports about each. Not a quote and not a recommendation.

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InnovationTech

Corporate Governance Leaders Gather to Debate Autonomous Artificial Intelligence

Executives and governance experts will assemble in Belo Horizonte on October 15 for the 43rd edition of Inforuso to discuss the managerial impacts of autonomous artificial intelligence agents on corporate structure.

  • The event takes place on Thursday, October 15, under the theme 'Horizon 2027: Autonomous Agents and the New Governance'.
  • Discussions focus on practical changes to executive decision-making driven by AI tools.

Sources:Diário do Comércio (MG)

Macro & Fiscal PolicyTechStocks

Bradesco Asset builds proprietary AI to read central bank statements

Bradesco Asset Chief Executive Officer Bruno Funchal announced its proprietary Hawk-Dove AI tool automates tone analysis of communications from the Banco Central, Brazil's central bank, and the Federal Reserve. The asset manager developed its internal innovation unit in 2022 and earned a global award from Global Finance for the tool, which is available on Bloomberg.

BBDC3

  • Global Finance awarded Bradesco Asset for Best Innovation in Artificial Intelligence.
  • The asset manager established its internal innovation unit in 2022 ahead of market adoption.

Sources:InfoMoney

FinanceiroTechStocks

National holiday halts physical banking, public services and stock trading

Commercial bank branches, INSS social security offices, and B3, Brazil's stock exchange, will suspend operations on Monday, October 12, for the Nossa Senhora Aparecida holiday. Digital banking platforms and the central bank's Pix instant payment system will run continuously, with regular trading and branch services resuming on Tuesday, October 13.

  • The B3 stock market will halt equity and private fixed income settlement on October 12.
  • INSS physical branches close Monday while digital channels remain operational.

Sources:Money TimesSeu Dinheiro

Capital Markets & M&ATechStocksM&A

Vela LatAm awaits antitrust approval to acquire IT provider Penso

Vela LatAm, the Brazilian unit of Canada's Constellation, agreed to acquire IT and cybersecurity provider Penso for an undisclosed sum, pending clearance from CADE, Brazil's antitrust authority, in its sixth deal in the country in 2026.

  • Penso serves around 1,600 corporate and public clients, employing 270 workers across five datacenters in Brazil.

Sources:Startups.com.br

Legal & RegulatoryTechStocks

B3 targets January 2027 start for tokenized stock trading

Brazilian exchange operator B3 plans to offer blockchain-registered tokenized equity trading in January 2027, laying the groundwork for eventual 24/7 trading and immediate clearing in place of the current T+2 settlement cycle.

  • Implementation of continuous 24/7 trading and real-time settlement remains dependent on regulatory approval.

Sources:Exame

EarningsTechStocks

Oi posts R$ 36.4 billion net loss for 2025 as B3 delists telecom shares

The bankrupt telecommunications operator reversed a 2024 profit of R$ 9.61 billion into a net loss of R$ 36.4 billion for 2025, driven by a R$ 33.2 billion negative financial result and an 18% revenue drop to R$ 2.59 billion. Following the company's judicial bankruptcy confirmation by a Rio de Janeiro court, B3, Brazil's stock exchange, cancelled the listing of OIBR3 and OIBR4 shares, while major creditors Bradesco and Itaú previously contested whether bankruptcy yields higher recovery than judicial restructuring.

OIBR3

  • Oi recorded a negative consolidated financial result of R$ 33.2 billion in 2025, down from positive R$ 12.2 billion in 2024.
  • Annual net revenues shrank 18% to R$ 2.59 billion in 2025 following asset sales and reduced operations.
  • B3 cancelled the listing of Oi shares OIBR3 and OIBR4 after bankruptcy confirmation by the Rio de Janeiro state court.

Sources:Money TimesTelesíntese (telecom)Valor Econômico

Tecnologia da InformaçãoTechStocks

Méliuz halts retail bitcoin trading inside app following Central Bank regulatory shift

Méliuz discontinued cryptocurrency trading for retail app users on October 1, 2026, citing compliance costs under the Central Bank's new regulatory requirements for crypto asset services. Account holders with open bitcoin positions have until October 30 to liquidate their holdings before automatic market-price sales take effect, while the company retains bitcoin on its own corporate balance sheet.

  • Méliuz suspended retail bitcoin trading on October 1 due to Central Bank regulatory costs.
  • Users have until October 30 to liquidate BTC positions before automatic market liquidation.

Sources:Money Times

Official filingComunicaçõesTechStocksM&A

Claro NXT files unified tender offer to delist Desktop at R$ 19.1261 per share

Controlling shareholder Claro NXT Telecomunicações filed a request on October 2, 2026, with the CVM, Brazil's securities regulator, to launch a unified tender offer for Desktop S.A. The proposal combines the acquisition of corporate control, the conversion of Desktop's issuer registry from Category A to Category B, and its delisting from the Novo Mercado segment of B3, Brazil's stock exchange.

  • Claro NXT filed for a unified tender offer to acquire up to all Desktop shares at a base price of R$ 19.1261 per share, adjusted by the Selic rate from October 1, 2026.
  • Payment includes a retained portion of R$ 1.5051 per share, conditional on potential contingency liabilities, alongside a net debt adjustment as of September 30, 2026.
  • The offer submitted to CVM, Brazil's securities regulator, seeks Desktop's exit from B3 Novo Mercado and conversion to Category B, with Bradesco BBI as intermediary.

Sources:CVM - Documentos IPE (PDF)

ComunicaçõesTechStocksM&A

Claro NXT files unified tender offer to take Desktop private

Claro NXT Telecomunicações filed for a unified tender offer to acquire Desktop, convert its registration with CVM, Brazil's securities regulator, from category A to B, and delist it from the Novo Mercado segment of B3, Brazil's stock exchange. Payment depends on final debt adjustments and a held-back portion of R$ 1.5051 per share reserved for indemnity obligations.

  • Offer price is set at R$ 19.1261 per share, indexed to the Selic rate from October 1, 2026.
  • Shareholders holding 10% of circulating stock have 15 days to request a new valuation.
  • Claro NXT retains the right to proceed solely with the change of control offer.

Sources:Money TimesTelesíntese (telecom)Valor Econômico

ComunicaçõesTechStocksM&A

Unifique controller proposes R$ 6.00 per share tender offer to delist

Unitá Participações proposed a buyout offer of R$ 6.00 per share to purchase all outstanding common shares of telecom provider Unifique. The transaction aims to convert the company's registration with CVM, Brazil's securities regulator, to category B, cancel its public trading registration, and exit the Novo Mercado listing segment of B3, Brazil's stock exchange.

  • Proposed purchase price stands at R$ 6.00 per common share.
  • Transaction contemplates complete withdrawal from B3's Novo Mercado.

Sources:InfoMoney

Capital Markets & M&ATechStocksM&A

Ryan Enters Brazil Market Through Comtax Acquisition

US tax software firm Ryan acquired São Paulo tax tech and consulting firm Comtax, founded in 2018 by Marcelo Simões, Gilmar Brandão and Ricardo Carvalho, to expand its corporate compliance services across Latin America. Financial terms were not disclosed.

  • Comtax was founded in 2018 in São Paulo by Marcelo Simões, Gilmar Brandão and Ricardo Carvalho.

Sources:Valor EconômicoO Globo (Economia)

M&ATechStocksM&A

Poste Italiane Expands Telecom Italia Stake to 85.8 Percent

TIM Brasil reported that state-controlled Poste Italiane secured 1.832 billion common shares of parent Telecom Italia, or 85.823% of voting capital, through a voluntary tender offer settled on Oct. 2, 2026, alongside open-market purchases on Oct. 1 that brought its total holding to 1.857 billion shares.

TIMS3

  • Poste Italiane settled the voluntary offer on Oct. 2, 2026, taking its holding to 1.857 billion shares.
  • TIM Brasil announced the updated ownership structure following filings from its parent entity.

Sources:InfoMoney

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