Slack and Salesforce execs clarify their large acquisition – TechCrunch

Salesforce buys Slack in a $27.7B megadeal – TechCrunch


We be taught extra about Slack’s future, Revolut provides new cost options and DoorDash pushes its IPO vary upward. That is your Every day Crunch for December 4, 2020.

The large story: Slack and Salesforce execs clarify their large acquisition

After Salesforce introduced this week that it’s buying Slack for $27.7 billion, Ron Miller spoke to Slack CEO Stewart Butterfield and Salesforce President and COO Bret Taylor to learn more about the deal.

Butterfield claimed that Slack will stay comparatively unbiased inside Salesforce, permitting the workforce to “do extra of what we had been already doing.” He additionally insisted that each one the discuss competing with Microsoft Groups is “overblown.”

“The problem for us was the narrative,” Butterfield mentioned. “They’re simply good [at] PR or one thing that I couldn’t determine.”

Startups, funding and enterprise capital

Revolut lets businesses accept online payments — With this transfer, the corporate is competing instantly with Stripe, Adyen, Braintree and Checkout.com.

Health tech venture firm OTV closes new $170M fund and expands into Asia — This 12 months, the agency led rounds in telehealth platforms TytoCare and Lemonaid Well being.

Zephr raises $8M to help news publishers grow subscription revenue — The startup’s clients already embrace publishers like McClatchy, Information Corp Australia, Dennis Publishing and PEI Media.

Recommendation and evaluation from Further Crunch

DoorDash amps its IPO range ahead of blockbuster IPO — The meals supply unicorn now expects to debut at $90 to $95 per share, up from a earlier vary of $75 to $85.

Enter new markets and embrace a distributed workforce to grow during a pandemic — Is that this the best time to increase abroad?

Three ways the pandemic is transforming tech spending — All corporations are digital product corporations now.

(Further Crunch is our membership program, which goals to democratize details about startups. You can sign up here.)

All the things else

WH’s AI EO is BS — Devin Coldewey just isn’t impressed by the White Home’s new government order on synthetic intelligence.

China’s internet regulator takes aim at forced data collection — China is a step nearer to cracking down on unscrupulous knowledge assortment by app builders.

Gift Guide: Games on every platform to get you through the long, COVID winter — It’s a good time to be a gamer.

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