Back in 2019, Amazon announced Sidewalk, its low-bandwidth, long-range wireless network that uses the 900 MHz spectrum to connect Internet of Things (IoT) devices. It does this by creating a mesh network between Amazon’s own Echo and Ring devices and sharing a small part of their owner’s bandwidth. Ideally, this means Sidewalk will be able […]
GitHub, the popular developer platform, has laid off virtually its entire engineering team in India as the Microsoft-owned firm cuts its expenses amid weakening global market conditions. The developer firm has eliminated over 100 jobs in the South Asian market, a person familiar with the matter said. GitHub informed the employees about the job cut […]
Could activist peace be at hand at Salesforce? With the announcement Monday that Elliott would be withdrawing its nomination for the board of directors, it seems that the CRM leader could have forged a peace agreement. The question is: At what cost? While it’s not clear what this agreement means to the other four activist […]
Douwe Osinga and Jack Amadeo were working together at Sidewalk Labs, Alphabet’s venture to build tech-forward cities, when they arrived at the conclusion that most spreadsheet software doesn’t scale up to today’s data challenges. Data science tools like Pandas and Jupyter Notebooks do, but they tend to be too inaccessible to the layperson — at […]
Teams, Microsoft’s Slack rival, has always had a bit of a reputation for being slow and resource-hungry. Given that it always felt like Microsoft hurried the service’s launch to respond to the success of Slack, that’s maybe no surprise. Now, that’s changing, though, with the preview launch of the new Teams. Microsoft calls this a […]
Activist investor Elliott Investment Management won’t be proceeding with plans to nominate its own directors to Salesforce’s board, citing improved performance and a clearer “focus on value creation” from the enterprise software company. Elliott became one of five activist investors within Salesforce’s ranks after news emerged at the turn of the year that it had […]
Three years after announcing its sixth fund, OpenView Venture Partners is back with $570 million in capital commitments for its new, seventh fund. It represents a 25% increase over the firm’s $450 million sixth fund, its largest to date. The Boston-based venture capital firm gave its intent to raise the fund back in January 2022, […]
Since the start of 2023, more than 150,000 people have been laid off at tech companies, large and small. That’s a staggering number of people who have been put out of work. When you think about how Meta, Amazon and Salesforce have handled these layoffs, the situation becomes even more grim. Salesforce announced in January […]
WebAssembly (Wasm for short) is an open standard that enables browser-based applications to run with near-native performance. It has also expanded to support non-browser environments, which is what is driving a lot of the recent hype around it. But like any emerging technology, it needs a stronger tooling ecosystem to realize its full potential. One […]
As tech companies large and small shed staff in hopes of better aligning their income statements to a new market reality, it’s clear that cutting costs to delight investors is the new norm. But there are other ways to make the investing public happy, including smashing growth and profitability expectations. The Exchange explores startups, markets […]