Salesforce announces its acquisition of Slack, Amazon brings the Mac mini to the cloud and Google Maps gets a newsfeed. This is your Daily Crunch for December 1, 2020. The big story: Salesforce buys Slack for $27.7B The acquisition, which was first reported last month, is now official. “This is a match made in heaven,” […]
Lightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in Canada last year before recently debuting on the New York Stock Exchange and acquiring another point-of-sale company, ShopKeep, for $440 million. The Upserve acquisition is […]
Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the billionaire entrepreneur said Tuesday in a wide-ranging interview with Axel Springer CEO Mathias Döpfner. Musk, who received an award Tuesday from the media giant, discussed his various interests and businesses, […]
Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business. The company, which created a visual data labeling platform that uses software and people to label image, text, voice and video data for companies building machine learning algorithms, has raised […]
Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 billion and earnings per share of $1.15. Analysts had expected the company to […]
We know that you’re hard at work building the next great startup, so we want to get our events on your radar early for next year. We’re excited to announce our 2021 fully virtual events line-up. Mark your calendars! TC Sessions: Justice March 3, 2021 Join us virtually while we explore inclusive hiring, access to […]
Salesforce, the CRM powerhouse that recently surpassed $20 billion in annual revenue, announced today it is wading deeper into enterprise social by acquiring Slack in a $27.7 billion megadeal. Rumors of a pending deal surfaced last week, causing Slack’s stock price to spike. Salesforce co-founder and CEO Marc Benioff didn’t mince words on his latest […]
SpaceX founder and CEO Elon Musk was given an award from media giant Axel Springer on Tuesday, and he sat down to provide a wide-ranging interview that covered topics including space, Tesla, AI and even underpopulation. Musk addressed SpaceX’s Mars ambitions first, providing current timelines he’s working toward for reaching the red planet with SpaceX’s […]
People are getting frustrated that Stories are everywhere now, but Google Maps is keeping it old school. Instead of adding tiny circles to the top of the app’s screen, Google Maps is introducing its own news feed. Technically, Google calls its new feature the “Community Feed,” as it includes posts from a local area. However, […]
We need to dispense with the myths and hagiography around being a founder and all be more honest about what the reality of running a business actually entails.
Today, the early-stage, mission-focused, San Francisco-based venture firm Obvious Ventures released a very readable overview of how each of its portfolio companies is benefiting the world in its own way. Its report shines a light on the grocery deliver service Good Eggs, for example, sharing that roughly 70% of the products sold by the company […]
IT security software company Ivanti has acquired two security companies: Enterprise mobile security firm MobileIron and corporate virtual network provider Pulse Secure. In a statement on Tuesday, Ivanti said it bought MobileIron for $872 million in stock — with 91% of the shareholders voting in favor of the deal — and acquired Pulse Secure from […]
AWS has launched a new hardware device, the AWS Panorama Appliance, which, alongside the AWS Panorama SDK, will transform existing on-premises cameras into computer vision-enabled super-powered surveillance devices. Pitching the hardware as a new way for customers to inspect parts on manufacturing lines, ensure that safety protocols are being followed, or analyze traffic in retail stores, […]
One of the areas that is often left behind when it comes to cloud computing is the industrial sector. That’s because these facilities often have older equipment or proprietary systems that aren’t well-suited to the cloud. Amazon wants to change that, and today the company announced a slew of new services at AWS re:Invent aimed […]
AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outposts service, which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now, the company is launching these smaller […]
Whether it’s a fun day hike, a car camping excursion or a multi-day backcountry backpacking trip, there’s plenty of great camping and hiking gear that can make life easier for the outdoors person (without going overboard).
Google today introduced a new mobile management and security solution, Android Enterprise Essentials, which, despite its name, is actually aimed at small to medium-sized businesses. The company explains this solution leverages Google’s experience in building Android Enterprise device management and security tools for larger organizations in order to come up with a simpler solution for […]
BuildBuddy, whose software helps developers compile and test code quickly using a blend of open-source technology and proprietary tools, announced a funding round today worth $3.15 million. The company was part of the Winter 2020 Y Combinator batch, which saw its traditional demo day in March turned into an all-virtual affair. The startups from the […]
