Enterprise
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Salesforce shares face plant despite beating analyst expectations
Salesforce earnings came out today! They’re not great, either, and it looks like a weak outlook for the company’s third quarter is doing some damage to its shares, which were down as much as 8 percent. For a company that literally defined the phrase “software as a service” — basically, running your business online — and one that’s had a decent year… Read More
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Glint raises $27 million to stop solid employees from bailing
Redwood City-based Glint has raised $27 million in a Series C round of venture funding for software that helps companies figure out how their teams are experiencing problems, or why and when solid employees may leave, undesirably. Glint replaces the traditional 360-review tools used by corporate HR teams and executives with short, anonymous surveys sent out once in a while to specific groups… Read More
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Facebook open sources Zstandard compression algorithm and MyRocks storage engine
Today, Facebook is releasing its Zstandard compression algorithm into the wild as open source. The lossless compression technology is aimed at replacing existing libraries like zlib that are powered by the outdated Deflate compression algorithm. In addition to Zstandard, Facebook is also dropping its MyRocks storage engine as open source. MyRocks is currently being used by Facebook to… Read More
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Okta extends identity management to APIs
Okta announced it was bringing identity management to APIs today at its Oktane customer conference in Las Vegas.
For a long time, Okta was about connecting people with cloud applications such as ServiceNow, Salesforce or Office 365. A couple of years ago, the company extended that capability to enable customers to control the devices where employees could access those cloud… Read More
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VMware update strives to place virtual desktops in modern context
VMware announced a series of updates to its virtual desktop (VDI) line today at VMworld in Las Vegas. The announcement attempts to set the virtual desktop in a more modern context, by offering customers a range of options in the cloud, on-prem or hybrid. What’s more, it’s trying to reduce the cost by partnering with a variety of hardware vendors from HP to Dell and even the… Read More
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Alphabet’s David Drummond leaves Uber’s board amid mounting competition
David Drummond, who joined Uber’s board of directors in August 2013, stepped down several weeks ago, Uber has confirmed to TechCrunch. The Wall Street Journal first reported the news. At first blush: no surprise whatsoever. Earlier this month, Uber CEO Travis Kalanick said the company’s first fleet of self-driving cars would begin running in Pittsburgh soon (as soon as this… Read More
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5 ways beacons are transforming the enterprise
Bluetooth beacons are proven technology. So why isn’t anyone using them effectively? Sure, companies are using them to track users and boost sales — but are we seeing a return on that investment? Growing up in the intelligence era
IT is shifting from the SaaS workflow applications that characterized the cloud computing era to those that help customers make decisions: the intelligence era. The source of competitive advantage is shifting from code to unique data + self-learning code. This brings a change in the expectations of investors. Here we review the requirements of enterprise software investors in the intelligence era. Read More
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Rackspace to go private after $4.3B acquisition by private equity firm Apollo
Rackspace, which is still best known as a hosting company even as it has expanded aggressively into offering services for businesses that use other platforms, went public in 2008. Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory approval and… Read More
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Dropbox is resetting passwords for accounts that haven’t changed them since mid-2012
Dropbox is requiring users who have not changed their passwords since mid-2012 to reset their passwords this afternoon.
The action appears to be related to continued fallout over the massive hack on LinkedIn in 2012 where credentials for 117 million accounts were posted online. In recent months, treasure troves of user credentials and passwords — in addition to a large MySpace hack… Read More
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