Slack sold to business software giant for $27.7bn



a screen shot of a video game


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Salesforce has agreed to buy workplace messaging app Slack for $27.7bn (£20bn) in what would be one of the biggest tech mergers in recent years.

Marc Benioff, boss of the business software giant, called the deal a “match made in heaven”.

He has been pushing to expand the company’s software offerings and fend off rivals such as Microsoft.

The acquisition comes as the pandemic has increased the focus on remote work and tools, like Slack, which enable it.

Tech analyst Dan Ives of Wedbush Securities called it a “now or never” purchase for Mr Benioff.

“If Salesforce wants to expand beyond its core gold mine of sales and marketing departments … this was the moment and thus represents a major shot across the bow against Microsoft,” he wrote in a note to investors after the deal was announced.

Slack, founded in 2009, has won a following with its

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Kentucky Sports Radio website sold. What does it mean for UK fans?

KentuckySportsRadio.com, a popular Lexington-based website that covers University of Kentucky sports, announced on Tuesday that it has been sold.

According to the announcement by Matt Jones, Stuart McWhorter, one of the website’s original investors and formerly a director in 247Sports, is acquiring the Kentucky site. McWhorter no longer has an investment in 247Sports, a network of websites that focuses on college football, basketball and recruiting, according to Jones.

The deal does not include the popular Kentucky Sports Radio live show or KSBar and Grille, a Lexington restaurant, according to the release.

Jones said online that the decision to give up “complete control of this company is difficult” but inevitable.

“After 15 years of running the site, I think it’s important to help it head in to the new media area and expand our coverage,” Jones said in an interview. “I thought this deal would be the best way to grow.”

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Matt Chambless Is The CFO, Secretary & Treasurer of Computer Programs and Systems, Inc. (NASDAQ:CPSI) And They Just Sold 29% Of Their Shares

We’d be surprised if Computer Programs and Systems, Inc. (NASDAQ:CPSI) shareholders haven’t noticed that the CFO, Secretary & Treasurer, Matt Chambless, recently sold US$334k worth of stock at US$29.50 per share. That sale was 29% of their holding, so it does make us raise an eyebrow.

Computer Programs and Systems Insider Transactions Over The Last Year

In fact, the recent sale by CFO, Secretary & Treasurer Matt Chambless was not their only sale of Computer Programs and Systems shares this year. They previously made an even bigger sale of -US$368k worth of shares at a price of US$28.34 per share. That means that even when the share price was below the current price of US$29.66, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of

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Austin software maker Planview sold in $1.6 B deal, report says

Planview’s headquarters is in Austin, located in the Research Park Plaza located off of Highway 183.

AUSTIN, Texas — Editor’s note: The video published above is a KVUE Boomtown 2040 report about construction and job growth in Austin.

According to a report from KVUE’s media partner The Austin American-Statesman, the Austin-based software maker, Planview, is being sold to two private equity firms in a $1.6 billion deal. 

The report states that private equity firms TPG Capital and TA Associates have partnered to buy Planview. 

Planview has more than 700 employees worldwide and houses 275 employees in Austin, the Statesman reported. Its headquarters is in Austin, located in the Research Park Plaza located off of Highway 183.

“We’ve spent more than three decades delivering innovation, driving the market forward, and reinventing ourselves. I truly believe that the best is yet to come for our customers and for Planview,” Greg Gilmore, CEO

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Financial website Quartz may have been sold for $1, sources say

When Quartz co-founder and CEO Zach Seward announced on Sunday that had he purchased his struggling news site from its corporate owners, the terms of the deal weren’t disclosed.

But sources tell The Post that Tokyo-based Uzabase, the financial media and information firm that bought Quartz from Atlantic Media in July 2018, were looking to sell it for a pittance.

Deal terms offered in the weeks leading up to Sunday sale to Seward, sources said, called for potential new owners to pay just $1 for the struggling financial news website. Uzabase was also offering a $6 million personal loan to the company.

In addition to Seward, the new ownership includes Quartz’s editor-in-chief Katherine Bell, who joined in December from Barron’s and who declined to comment on how much Quartz cost.

“We’re not commenting on the terms of the deal,” Bell said in an interview with Media Ink Tuesday. But, she

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PS5 Already Sold Out In Japan, Sony Warns

Sony’s PlayStation 5 is days away from launch, but if you haven’t preordered, you’re likely out of luck–even in Japan, the system’s home country. Sony has announced that you won’t be able to buy the system from store shelves on day one.

Video Games Chronicle is reporting that the PS5 launch allotment in Japan is already sold out, warning potential customers that “due to the high interest and many orders from users, the launch is sold out by the reserved amount.”

Sony also said that it will not hold in-store events for the PS5 due to COVID-19, so as to “ensure the safety of customers, retailers, and staff.” The company has asked customers to check with the store they have preordered from to see how their console will be received.

This is not surprising, as the PS5 has been very difficult to buy in many territories, with the system selling

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Xbox Series X And Series S Preorder Info: Consoles Sold Out, Accessories In Stock

The Xbox Series X and Xbox Series S are launching in a matter of weeks, but unless you’ve been exceptionally lucky, you may not have been able to secure a preorder yet. The Series X and Series S release November 10 for $500 and $300, respectively, and as of now, finding either in stock is near-impossible. That said, we’re tracking console availability below along with all the major listings.

Preorder Xbox Series X:

Preorder Xbox Series S:

Xbox Series X/S bundles

Preorder Xbox Wireless Controllers

The new Xbox Wireless Controllers releasing alongside the Xbox Series X and Series S are available in Carbon Black, Robot White, and Shock Blue. They feature a more ergonomic design; textured grips on the bumpers, triggers, and back case; and an Elite controller-inspired hybrid D-pad for improved precision. The updated controllers also have a new integrated Share button for capturing and recording gameplay moments.

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Xbox Series X And Series S Preorder Guide: Consoles Sold Out, Accessories In Stock

Two new Xbox consoles, the Xbox Series X and Xbox Series S, are launching in a matter of weeks, but unless you’ve been exceptionally lucky, you may not have been able to secure a preorder yet. The Series X and Series S release November 10 for $500 and $300, respectively, and as of now, finding either in stock is near-impossible. That said, we’re tracking console availability below along with all the major listings.

Preorder Xbox Series X:

Preorder Xbox Series S:

Xbox Series X/S bundles

Preorder Xbox Wireless Controllers

The new Xbox Wireless Controllers releasing alongside the Xbox Series X and Series S are available in Carbon Black, Robot White, and Shock Blue. They feature a more ergonomic design; textured grips on the bumpers, triggers, and back case; and an Elite controller-inspired hybrid D-pad for improved precision. The updated controllers also have a new integrated Share button for capturing and

Read More

Xbox Series X And Series S Preorder Availability: Consoles Sold Out, Accessories Available

Two new Xbox consoles, the Xbox Series X and Xbox Series S, are launching in a matter of weeks, but unless you’ve been exceptionally lucky, you may not have been able to secure a preorder yet. The Series X and Series S release November 10 for $500 and $300, respectively, and as of now, finding either in stock is near-impossible. That said, we’re tracking console availability below along with all the major listings.

Preorder Xbox Series X:

Preorder Xbox Series S:

Xbox Series X/S bundles

Preorder Xbox Wireless Controllers

The new Xbox Wireless Controllers releasing alongside the Xbox Series X and Series S are available in Carbon Black, Robot White, and Shock Blue. They feature a more ergonomic design; textured grips on the bumpers, triggers, and back case; and an Elite controller-inspired hybrid D-pad for improved precision. The updated controllers also have a new integrated Share button for capturing and

Read More

Xbox Series X And Series S Preorder Availability: Consoles Sold Out, Accessories In Stock

Two new Xbox consoles, the Xbox Series X and Xbox Series S, are launching in a matter of weeks, but unless you’ve been exceptionally lucky, you may not have been able to secure a preorder yet. The Series X and Series S release November 10 for $500 and $300, respectively, and as of now, finding either in stock is near-impossible. That said, we’re tracking console availability below along with all the major listings.

Preorder Xbox Series X:

Preorder Xbox Series S:

Xbox Series X/S bundles

Preorder Xbox Wireless Controllers

The new Xbox Wireless Controllers releasing alongside the Xbox Series X and Series S are available in Carbon Black, Robot White, and Shock Blue. They feature a more ergonomic design; textured grips on the bumpers, triggers, and back case; and an Elite controller-inspired hybrid D-pad for improved precision. The updated controllers also have a new integrated Share button for capturing and

Read More