"Slack looks like the natural fit for Salesforce to beef up its collaboration and messaging footprint and keep pace with [Microsoft]."
The full-year forecast fell below “high investor expectations for team collaboration and communication names amidst this [work from home] era.”
Many firms, for a variety of reasons, have been slower to embrace advances in technology to support a nonoffice dwelling staff — until now.
The workplace-messaging app’s direct listing values the tech company at $23 billion.
The company posted a loss for the latest fiscal year but said it is spending less on sales and marketing.
The move to go public without an IPO would follow a direct listing from Spotify last year.
Mature startups have raised hundreds of millions of dollars in the past week.
In areas from cyber defense to tax compliance to database management, these 20 companies are changing how businesses operate.
The market for apps is maturing. Now one for text-based services, or chatbots, looks poised to take off.
Number one: if you don't give remote workers the technology they really need, their productivity will suffer.