Category: Slack

Not Buying Slack in 2016 is Bill Gates’ Best Call Ever as Microsoft Tech Advisor
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Not Buying Slack in 2016 is Bill Gates’ Best Call Ever as Microsoft Tech Advisor

Since the June direct listing, Slack has lost nearly half of its market value.Instead of an acquisition, Bill Gates advocated for an in-house Slack killer.Microsoft Teams now boasts of more daily active users relative to Slack.In 2016 when Slack Technologies (NYSE: WORK) was just a few years old, Microsoft (NASDAQ: MSFT) seriously considered acquiring the…

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Slack investor Index Ventures backs Slack competitor Quill
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Slack investor Index Ventures backs Slack competitor Quill

Slack created a new solution for workplace communication, one copied by many, even Microsoft. But the product, which is meant to help individuals and businesses collaborate, has been critiqued for sending too many notifications, with some claiming it’s sabotaged workplace productivity. Quill, a startup led by Ludwig Pettersson, Stripe’s former creative director and design aficionado,…

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Slack Stock Tanks 15% After-Hours Amid Wider Q3 Loss Outlook – CCN Markets
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Slack Stock Tanks 15% After-Hours Amid Wider Q3 Loss Outlook – CCN Markets

Slack stock plunged in after-hours trading after it forecast a wider-than-expected Q3 loss. This happened even though Q2 results beat expectations. | Source: REUTERS/Brendan McDermid Slack stock (NYSE: WORK) plunged 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat analyst expectations. After…

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