Slack Technologies, Inc. (WORK) News
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WORK News Highlights
- 500 - Internal server error
- Over the past 26 days, the trend for WORK's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about WORK are CRM, EYE and MSFT.
Latest WORK News From Around the Web
Below are the latest news stories about Slack Technologies Inc that investors may wish to consider to help them evaluate WORK as an investment opportunity.
Salesforce's planned Slack Technologies acquisition approved by DOJStephen Lam/Getty Images News Salesforce's (CRM) planned $28B purchase ofSlack Technologies (WORK) was approved by the DOJ, according to an 8-K filing. Slack and Salesforce were informed by the DOJ on Friday that the DOJ had closed its investigation of the transaction. The companies expect the closing of the deal... |
Slack, Salesforce Merger Nears Closure After DoJ Drops Antitrust ReviewSlack Technologies shares edged higher in active trading Monday after an antitrust probe into its $27.7 billion takeover by Salesforce was dropped by the Department of Justice. The DoJ's Antitrust Division opened a "second request" review into the deal earlier this year as the new administration of President Joe Biden vowed to take a closer look at big tech mergers. Slack said in a Securities and Exchange Commission filing that it expects the deal to close on July 21. |
Dragoneer, Altimeter Look to New Funds as Unicorns Burgeon(Bloomberg) -- Marc Stad’s Dragoneer Investment Group and Brad Gerstner’s Altimeter Capital Management are each seeking to raise new vehicles dedicated to backing fast-growing technology companies, according to a person with knowledge of the matter.Dragoneer is in talks to raise $2.5 billion and Altimeter has targeted $1 billion for bets on startups, the person said. The firms are courting so-called limited partners such as pension funds, sovereign wealth funds and family offices, the person sai |
Salesforce & Slack Merger Proposal Bags Japan Regulator’s ConsentSalesforce’s (CRM) acquisition of Slack Technologies (WORK) has been approved by the Japan Fair Trade Commission (JFTC) on the grounds that the deal is unlikely to result in substantially restraining competition in any particular field of trade. Salesforce provides on-demand customer relationship management (CRM) software, while Slack offers a channel-based messaging platform to enable secure business communications. The stock-cash merger deal worth about $27.7 billion was announced in December 2020. The deal is still awaiting shareholder approval and is anticipated to close in the second quarter of Fiscal 2022. |
Vancouvers foot-tech fascination continues as Plantiga closes latest funding roundA Vancouver startup whose foot-focused technology is being tapped by teams in the NHL, NBA and NFL now has a little extra walking-around money. Plantiga Technologies Inc. revealed last week the close of a funding round to the tune of $1.2 million with investors ranging from pro athletes to the founder of Wind Mobile (now Shaw Communications Inc. (TSX:SJR)-owned Freedom Mobile). The Vancouver company is best known for developing small, flat sensor pods for insoles to measure everything from users ground contact to the length of their strides. The goal is to facilitate analytics such as tracking the potential for lower-limb injuries. Most of the time people are analyzing their patients or athletes literally with their naked eye, Quin Sandler, the CEO of Plantiga, told BIV last year. There... |
Amazon Eyeing 'Rebel Alliance' With Dropbox, Slack To Challenge Microsoft: InsiderAmazon.com Inc (NASDAQ: AMZN) is in discussion with other companies regarding a "Rebel Alliance" to challenge Microsoft Corp's (NASDAQ: MSFT) work-productivity application market dominance, Insider reports. What Happened: Amazon aims to partner with software makers to offer a bundle of business apps for a single price. Corporate customers would buy the package with other features like single sign-on and unified billing through the Amazon Web Services cloud platform. Amazon discussed the bundle w |
Salesforce raises $8B via debt offering to fund portion of Slack dealSalesforce (CRM) has priced public offering of $8B of senior notes in six tranches.$1B of 0.625% senior notes due July 15, 2024, $1B of 1.5% senior notes due July 15, 2028, $1.5B of 1.95% senior notes due July 15, 2031, $1.25B of 2.7% senior notes due July 15, 2041, $2B of... |
Slack Juices Up Hybrid Work Race With New Features: BloombergSlack Technologies Inc (NYSE: WORK ) released new features to help people work with their colleagues irrespective of office or home, intensifying hybrid work competition, Bloomberg reported . Slack Huddles will allow casual audio conversations across channels and direct messages on the workplace communications platform. Other features include creating and playback video and audio recordings with a full transcript and an employee directory Full story available on Benzinga.com |
Slack CEO on Microsoft's Windows 11: 'I don't think it's a fair tactic'Stewart Butterfield, Slack Co-Founder & CEO, joins Yahoo Finance Live to discuss why companies are able to function without offices, Slack's new features and competition in the software industry. |
Google and Microsoft End Their Five-Year Cease-Fire(Bloomberg) -- Microsoft and Google have decided to stop playing nice. The two tech giants recently ended a years-long truce during which they agreed not to aim their substantial lobbying firepower against each other. With regulators around the world threatening to impose limits on the power of the biggest technology companies, the two rivals — which compete in web search, cloud computing and artificial intelligence — are now free to step up behind-the-scenes lobbying efforts and public complain |