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Industry experts bullish on $500M KKR investment in Box, but stock market remains skeptical

When Box announced it was getting a $500 million investment from private equity firm KKR this morning, it was hard not to see it as a positive move for the company. It has been operating under the shadow of Starboard Value, and this influx of cash could give it a way forward independent of the activist investors.
Industry experts we spoke to were all optimistic about the deal, seeing it as a way for the company to regain control, while giving it a bushel of cash to make some moves. However, early returns from the stock market were not as upbeat …

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Microsoft outage knocks sites and services offline

Microsoft is experiencing a major outage, so that’s why you can’t get any work done.
Besides its homepage, Microsoft services are down, log-in pages aren’t loading, and even the company’s status pages were kaput. Worse, Microsoft’s cloud service Azure appeared to also be offline, causing outages to any sites and services that rely on it.
It’s looking like a networking issue, according to the status page — when it loaded. Microsoft also tweeted that it was related to DNS, the internet system that translates web addresses to computer-readable internet numbers. It’s an important function …

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Slack wants to be more than a text-based messaging platform

Last October as Slack was preparing for its virtual Frontiers conference, the company began thinking about different ways people could communicate on the platform. While it had built its name on being able to integrate a lot of services in a single place to alleviate the dreaded task-switching phenomenon, it has been largely text-based up until now.
More recently, Slack has started developing a few new features that could bring different ways of interacting to the platform. CEO Stewart Butterfield discussed them on Thursday with former TechCrunch reporter Josh Constine, now a SignalFire investor, in a Clubhouse interview.
The talk …

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Salesforce updates includes sales info overlay for Zoom meetings

The pandemic has clearly had an impact on the way we work, and this is especially true for salespeople. Salesforce introduced a number updates to Sales Cloud this morning including Salesforce Meetings, a smart overlay for Zoom meetings that gives information and advice to the sales team as they interact with potential customers in online meetings.
Bill Patterson, EVP and General Manager of CRM applications at Salesforce says that the company wanted to help sales teams manage these types of interactions better and take advantage of the fact they are digital.
“There’s a broad recognition, not just from Salesforce, …

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Could Marc Benioff be the next CEO to move to executive chairman?

Last month Jeff Bezos announced he would step down as CEO of Amazon later this year, moving into the executive chairman role, while passing the baton to AWS CEO Andy Jassy. Could Marc Benioff, co-founder, chairman and CEO at Salesforce be the next big-name executive to make a similar move?
A Reuter’s story published on Monday suggested that could be the case. Citing unnamed sources, the story indicated that Benioff’s CEO exit could happen this year. Further those same sources suggested that current Salesforce president and COO Bret Taylor is the likely heir apparent.
We wrote a story …

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Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter

Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year.
However, while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors, who have sent the company’s stock tumbling since it reported Wednesday after the bell.
It was similar to the reaction that Salesforce received from Wall Street last week after it announced a positive earnings report. Snowflake’s stock closed down around 4% today, a recovery compared to its midday lows when it was off nearly 12%.
Why the declines? Wall Street’s reaction to earnings can …

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Enabling Edge AI

This week we saw a big announcement that gets us further on our hybrid cloud journey—one where cloud strategies will also include edge and hybrid investments and companies can extend compute and AI (artificial intelligence) to the edge of the network.Microsoft introduces Azure Percept at its Ignite digital conference this week, which is a platform with added security for creating Azure AI technologies and solutions on the edge. The end-to-end edge AI platform includes hardware accelerators integrated with Azure AI and IoT (Internet of Things) services and pre-built AI models—for vision capabilities including object detection, shelf analytics, …

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Creating a New Customer Experience

Peggy Smedley: So Dave, it’s exciting to have you talk to us today because you’re based in a beautiful part of the world, so it’s exciting to have you on the show. So, you’ve had an opportunity to see the world, because you’ve had an opportunity to see business and innovation from a whole global perspective. And, with everything going on in the world today, we’ve seen the pandemic shut us down in a different way. But, I’d like to take a view from your perspective. So, let’s talk about business technology …

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EdgeOps for IoT: A Vision For Edge

Of the many complementary technologies that enable IoT (internet of things) deployments, there are none quite as critical as the distributed architecture commonly known as edge computing. Technically, edge computing and its concepts are nothing new. In the 1960s, the Apollo missions that brought humanity to the moon relied on a distributed network of mainframes (see Figure 1). One was located in Houston and powered the console displays in the Apollo Mission Control Center. The others were positioned at antenna sites in California, Spain, and Australia. Even in those early days of computing there was a need to position compute resources …

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Airbyte raises $5.2M for its open-source data integration platform

Airbyte, an open-source data integration platform, today announced that it has raised a $5.2 million seed funding round led by Accel. Other investors include Y Combinator, 8VC, Segment co-founder Calvin French-Owen, former Cloudera GM Charles Zedlewski, LiveRamp and Safegraph CEO Auren Hoffman, Datavant CEO Travis May and Alain Rossmann, the president of Machinify.
The company was co-founded by Michel Tricot, the former director of engineering and head of integrations at LiverRamp and RideOS, and John Lafleur, a serial entrepreneur who focuses on developer tools and B2B services. The last startup he co-founded was Anaxi.
Image Credits: Airbyte
In its early …

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