In 2007, when BlackBerry was still the leader in the enterprise mobile space, a new competitor launched an irresistibly sleek touch-screen smartphone that epitomized the marriage of art and science. (Yes, we’re talking about the iPhone’s debut). BlackBerry executives scoffed at the seemingly pretentious device, which they thought would only appeal to consumers seeking mindless escape on YouTube and who possibly couldn’t care less about BlackBerry’s inner beauty — its relentless focus on security and its efficient, almost miserly, use of network bandwidth. BlackBerry’s bet was on what it called the “prosumer,” or the professional consumer.
When Slack started 2021 by suffering a mass outage on the very morning most of the remote workforce revved up their computers after a long holiday break, it seemed like the ultimate business nightmare. Twitter went nuts. Virtual teams had barely reunited before being disconnected. The ultimate black eye for a company that had just been acquired for a whopping $27.7 billion, supposedly central to the work-from-home boom.
But actually, maybe Slack’s inept start to the year wasn’t all bad — for Slack, at least.
While the corporate masses dunked on the company in typical Slacklash parlance, the company’s…
With Thanksgiving behind us, I’ve gone full throttle on getting my holiday gifts in order, which inevitably means I’m mining the web for the best online deals. One thing I’ve noticed (and come to dread) when clicking the ‘Checkout Cart’ button is the few extra dollars tacked on for shipping, and boy, do the prices vary. It all makes sense, though, when you read David H. Freedman’s feature in Marker on how FedEx and other competitors are duking it out with Amazon over the cost of shipping. “FedEx may be at the biggest risk of being left behind by the…
When Salesforce formally announced its intention to purchase Slack for $27.7 billion yesterday, there was a notable elephant in the room: While Slack has become widely known as a workplace messaging tool, Salesforce is known as a company that, well, lots of people find generally puzzling. Radiotopia co-founder and 99% Invisible host Roman Mars seemed to speak for many when he tweeted in response to the Slack news: “I can finally understand at least one thing Salesforce does.”
$120: That’s the price of the newly released Cole Haan X Slack limited edition sneakers, per Cole Haan. As we’ve noted previously, Zoom has left Slack in the dust when it comes to being the work-from-home enterprise hotshot. Perhaps to steal back some of the spotlight, Slack has stepped up with a… sneaker collaboration? That’s right,Slack and Cole Haan have teamed up to offer a $120 pair of limited edition kicks in four colorways that borrow from Slack’s logo. According to Cole Haan, they were designed “with the Slack crew, over Slack.”
It’s no secret that the arrival of the coronavirus earlier this year smashed the fast-forward button on the acceptability of remote work. For a certain class of white-collar job, working from home has become the default, and it’s not clear when offices will fully reopen. That’s been a major boost for some businesses — maybe most notably video conferencing tool Zoom, which transformed in a matter of months into a wildly popular, and wildly profitable, fixture of everyday life. It not only became a core part of the virtual office, it transcended it.
Under Analysis is a Marker column where experts and analysts weigh in on a prominent company’s future prospects. Today, Dan Ives of Wedbush lays out the bear case for Slack.
Slack has become an object lesson for what can happen — even if you are a popular, widely used unicorn — if you end up in the bullseye of an even larger animal, namely Big Tech. The messaging platform is struggling under an aggressive attack by Microsoft, whose Teams platform directly challenges Slack and undermines bulls who sent its share price soaring when it IPO’d last June.
Since the IPO…