Skip to main content

TechCrunch

Equity Shot: Salesforce’s $27.7 billion-dollar Slack message

5 years 11 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Welcome to an Equity Shot all about the huge, and hugely interesting, Salesforce -Slack deal, in which the enterprise social company will be subsumed for the mere price of $27.7 billion. TechCrunch has notes on the deal here, […]

Daily Crunch: Salesforce buys Slack for $27.7B

5 years 11 months ago
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 acquires restaurant software company Upserve for $430M

5 years 11 months ago
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 having Tesla acquire a legacy automaker

5 years 11 months ago
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 hits $3.5B valuation as it turns the AI boom into a venture bonanza

5 years 11 months ago
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 […]

Salesforce beats growth expectations as investors digest the Slack acquisition

5 years 11 months ago
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 […]

Announcing TechCrunch’s 2021 Event Calendar

5 years 11 months ago
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 buys Slack in a $27.7B megadeal

5 years 11 months ago
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 […]

Elon Musk says SpaceX will attempt uncrewed Mars flight in two years, human landing in four to six

5 years 11 months ago
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 […]

Google Maps takes on Facebook with launch of its own news feed

5 years 11 months ago
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, […]

The hidden cost of being a founder

5 years 11 months ago
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.

Ivanti has acquired security firms MobileIron and Pulse Secure

5 years 11 months ago
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 announces Panorama, a device that adds machine learning technology to any camera

5 years 11 months ago
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, […]

AWS launches new services for its industrial customers

5 years 11 months ago
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 updates its edge computing solutions with new hardware and Local Zones

5 years 11 months ago
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 […]
Checked
8 minutes 45 seconds ago
TechCrunch
Startup and Technology News
Subscribe to TechCrunch feed