Slack News

Companies

Salesforce to buy software maker Slack for $27.7 billion

The transaction, Salesforce’s largest-ever acquisition, is expected to close by the end of July, the San Francisco-based company said

4 min read2 Dec 2020
Companies

Salesforce in talks to acquire workplace app Slack: Report

Salesforce's bid comes as Slack struggles to fully capitalize on the switch to remote working during the COVID-19 pandemic in the face of fierce competition from Microsoft Corp's Teams and other workplace apps

2 min read26 Nov 2020
Technology

IBM selects 'Slack' for its 3,50,000 employees

IBM has apparently actually been using Slack since 2014, but it is now officially adopting Slack as the main communication tool internally as part of a larger effort to modernize the company itselfRecently, Slack announced that it has 12 million active users

1 min read11 Feb 2020
Markets

Slack stock surges at debut, values company at more than $25 billion

The strong performance helped validate the unusual direct listing model the company used to go publicSlack's trading price gave it a valuation of more than 50 times revenue

2 min read21 Jun 2019
Markets

Slack primed as the latest unicorn to make market debut

The US-based software firm is expected to be valued at around $17 billion when it enters the market on ThursdayCEO and co-founder Stewart Butterfield describes Slack’s technologies as a ‘brand new category of software’ that replaces email in a company

2 min read20 Jun 2019
Technology

Will Microsoft Kaizala really do more for the enterprise workforce and expand footprint?

What remains to be seen is the adoption rate of Kaizala among enterprises

2 min read17 Dec 2018
Companies

SoftBank’s Masayoshi Son, Saudi’s prince and a $22 billion test

SoftBank plummeted the most in more than two years on Monday after Saudi Arabia came under fire for the disappearance of journalist Jamal Khashoggi

4 min read15 Oct 2018
Mint-lounge

The people who walk on air

Slacklining is growing in India, thanks to groups who practise in public spaces

6 min read4 Aug 2018
Companies

SoftBank leads $865 million investment in start-up Katerra

The SoftBank funding has pushed Katerra's valuation to more than $3 billion, said Michael Marks, co-founder of the construction technology startup

3 min read24 Jan 2018
Companies

SoftBank’s Vision Fund is said to invest in Auto1 group

SoftBank Vision Fund is set to invest more than 100 million in Berlin-based Auto1 at a valuation greater than 2.5 billion

1 min read4 Nov 2017
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Budget

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