Saturday December 21, 2024

SimilarWeb raises $47M at valuation approaching $800M to take on Nielsen in digital market intel

 Companies are increasingly dependent on digital platforms for their business growth, and that is giving a boost to analytics firms that are helping them make better sense of that digital landscape. SimilarWeb — which offers analytics and insights about the performance of websites and apps, as well as competitive intelligence about how other apps and sites […]

OpenText acquires forensic security vendor Guidance Software for $240 million

 OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million. OpenText agreed to pay Guidance shareholders $7.10 a share. The price will be less Guidance’s cash on hand of approximately $18 million, making the final price just around $222 […]

Salesforce claims you can set up customer service in Service Cloud update in less than a day

 Salesforce announced an update to its Service Cloud today, which the company says enables non-technical administrators to build a customer service organization with connected services in less than a day. That’s a bold claim, even for the marketing department, but the Service Cloud app builder has been built on top of the Salesforce Lightning development platform […]

Microsoft updates PowerApps and Flow with a focus on deeper integrations and advanced workflows

 Microsoft today is launching a couple of major updates to PowerApps, its low-code service for quickly building line-of-business applications, and Flow, its business-centric IFTTT competitor. While these are obviously two very different applications, the general idea to allow businesses to leverage the data that they already generate is similar across both projects. Ryan Cunningham… Read More […]

Mitel to buy ShoreTel for $430 million to create unified communications powerhouse

 Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to […]

Peer5 raises $2.5M for its peer-to-peer approach to streaming video

 Peer5, which helps publishers stream video to large audiences, is announcing that it has raised $2.5 million in seed funding. I wrote about the startup earlier this year when it was part of Y Combinator. CEO Hadar Weiss said he raised the funding after YC Demo Day from investors including FundersClub, Oriza Ventures, Tank Hill Ventures, […]

Gas pump card skimmer now phones home

 In an unsurprising move by credit card thieves police have found a new credit card skimmer that sends stolen data via SMS. By tearing apart cheap phones, crooks are able to send credit card information to their location instantly without having to access the skimmer physically or rely on an open Bluetooth connection. Brian Krebs […]

It looks like Amazon would be losing a lot of money if not for AWS

 Amazon reported its second-quarter earnings today, and it was a bit of a whiff — and a bummer for Jeff Bezos, who is now no longer the solar system’s richest human and has been relegated to the unfortunate position of second-richest human. Read More Tweet This Post

Intel beats earnings expectations as it manages to maintain growth in its Data Center Group

 Intel declared $14.8 billion in revenue this afternoon and earnings per share of 72 cents. This represents a solid beat as analysts had expected revenues of $14.41 billion and EPS of 68 cents. The company’s  stock finished up 22 cents and 0.63 percent to $34.97 per share in regular trading. In the moments after the […]

Slack is raising a $250 million round at $5 billion valuation

 Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round […]