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Salesforce's cofounder says he was initially shocked when the company became more valuable than Oracle: 'That's definitely a milestone'

As of July,  Salesforce was a more valuable company than its archrival Oracle, with a $179 billion market cap vs Oracle's of $176 billion. Salesforce cofounder Parker Harris took a moment to reflect on that achievement during a virtual event hosted by Piper Sandler. He said it felt like a "milestone" and recalled the company's early startup days decades ago working in Benioff's apartment when a $400 million value seemed like a lot. Visit Business Insider's homepage for more stories. Salesforc...
Tags: Google, Microsoft, San Francisco, Trends, Larry Ellison, Ibm, Jordan, Salesforce, Ellison, Oracle, Cnbc, Amazon Web Services, Marc Benioff, HARRIS, Benioff, Amazon Web Services Microsoft


16 top tech leaders who came to the US from around the world explain their forceful opposition to Trump's freeze on immigrant work visas: 'It's only going to make America less competitive'

President Trump's decision to suspend key immigrant work visas has been severely criticized by many in the US tech industry, which has long relied on foreign talent. Venture capitalists, founders, and CEOs who are immigrants themselves shared their frustrations with the Trump order with Business Insider. One of them, Togo-born F5 Networks CEO Francois Lo coh Donou, who grew up in France, told Business Insider that the executive order "sends the signal to highly-skilled immigrants around the wo...
Tags: Google, Amazon, Verizon, Hong Kong, UK, Microsoft, Yahoo, Bali, California, Mexico, France, China, India, US, America, Trends


Traditional IT hardware giants like IBM have an uphill climb winning over CIOs in the hybrid cloud market, although Dell, Nutanix and HPE have a shot at success, Morgan Stanley said.

While hybrid cloud is a hot trend in enterprise tech, traditional IT hardware companies like IBM are having a hard time winning over customers, Morgan Stanley analyst Katy Huberty said in a note on Thursday.  The Morgan Stanley analysis was based on a survey of chief information officers who play key roles in IT spending decisions and who are drawn to the hybrid offerings of Amazon, Microsoft and VMware, instead. IBM is making a big push to dominate the hybrid cloud market, but its efforts hav...
Tags: Amazon, Microsoft, Trends, Ibm, Dell, Morgan Stanley, Vmware, Robert Half, Hewlett Packard Enterprise, Green Lake, Huberty, Amazon Microsoft, Katy Huberty, Arvind Krishna, Morgan Stanely, SecureDrop Claim


Women-focused coworking startup The Wing is almost $270,000 behind on rent and other charges at its Bryant Park location in New York, according to lawsuit

The Wing is being sued by its landlord at 25 West 39th Street for almost $270,000 in rent and other charges. The company hasn't made payments for the location since March, according to the lawsuit. The suit is the latest setback for the firm, after its CEO resigned last month. Visit Business Insider's homepage for more stories. Women-focused coworking provider the Wing is being sued by a landlord who alleges it hasn't paid rent and other charges for a space it leases in Manhattan near Bryant ...
Tags: New York, Trends, Atlanta, Manhattan, Ibm, WeWork, Thor, Signal, Transamerica Pyramid, Bryant Park, Cushman Wakefield, Audrey Gelman, Thor Equities, Knotel, Daniel Geiger


UK, Australia launch joint investigation into controversial facial recognition company Clearview AI

Adding to the increasing scrutiny of controversial facial recognition company Clearview AI, the governments of Australia and the UK are now opening a joint investigation into the company. The Information Commissioner’s of the two countries, Thursday said, will investigate the “personal information handling practices” of Clearview AI, focussing on its use of ‘scraped’ data and biometrics of individuals. Both the privacy commissioners will also engage with other data protection authorities who hav...
Tags: Travel, Amazon, UK, News, Microsoft, Privacy, Congress, Australia, Youtube, Saudi Arabia, Boston, India, US, Surveillance, Canada, United Arab Emirates


VC funding into AI startups dipped in 2019 for the first time in years, according to a new study, but 2020 could still see 'strong' investment, despite the coronavirus crisis

Investment in AI startups shrank in 2019, according to startup research firm PitchBook, marking the first decline in years. The total investment for the year was $34.3 billion, a nearly 24% decline from 2018 and the first year-over-year drop since 2010.  However, the overall decline was largely driven by diminishing totals in Asia while AI investment in the US actually grew in 2019. US investment has already had a "strong" first quarter, too, with $9.3 billion in funding for the sector.  The A...
Tags: Google, Asia, Microsoft, Softbank, US, Trends, Ibm, Unicorn, Cb Insights, Palantir Technologies, PitchBook, Troy Wolverton, RPA, Unicorn Club, Samsara, Brendan Burke


Google has ticked off IBM, Oracle and much of the open source community by launching an odd new open source organization

Google's reputation as a powerhouse of the open source world is at risk after it announced the creation of an odd new open source organization and transferred a key software project to it. The problem is that Google promised back in 2017 to transfer responsibility for the whole of this important open source software to an independent organization run by the Linux Foundation. Developers had been looking forward to the project, called Istio, leaving Google's direct control, feeling that they cou...
Tags: Google, Amazon, Trends, Ibm, Oracle, Linux Foundation, Vmware, Cto, McGee, Google IBM, Netscape, SMI, Instead Google, IBM Google, Julie Bort, Chris Aniszczyk


Commons cause: IBM, Oracle, CNCF protest over Google's handling of Istio governance

Deep upset at what is perceived as broken commitments Google's creation of an Open Usage Commons organisation to manage trademarks including that of Istio - a key open source project for many users of Kubernetes - has drawn harsh criticism from other tech giants unhappy with the new approach.…
Tags: Google, Software, Ibm, Kubernetes, Istio


As advertising tech company MadHive dealt with growing demand but falling revenue during the coronavirus crisis, it chose to pour millions into Google Cloud as the only cloud that could meet its needs (GOOG, GOOGL)

The advertising tech company MadHive and the technology consulting company SADA Systems, a Google Cloud partner, announced a five-year, $50 million deal to use Google Cloud's services. During the coronavirus pandemic, MadHive saw business scale back because of customers cutting advertising budgets, but video streaming rose. This requires massive amounts of data, so MadHive is using Google Cloud's data and artificial intelligence services, such as Bigtable to store data, BigQuery to manage it, ...
Tags: Google, Trends, Nasa, Aws, Ibm, Rbc, Brown, Amazon Amazon, Aaron Brown, Google Cloud, Madhive, SADA Systems


LogDNA announces $25M Series C investment and new CEO

LogDNA, a startup that helps DevOps teams dig through their log data to find issues, announced a $25 million Series C investment today along with the promotion of industry vet Tucker Callaway to CEO. Let’s start with the funding. Emergence Capital led the round with participation from previous investors Initialized Capital and Providence Equity. New investors TI Platform Management, Radianx Capital, Top Tier Capital and Trend Forward Capital also joined the round. Today’s investment brings the t...
Tags: Startups, TC, Cloud, Enterprise, Developer, Funding, Ibm, Devops, Emergence Capital, Callaway, Tucker, Nguyen, Chris Nguyen, Logging Tools, LogDNA, Tucker Callaway


Garry Kasparov on AI: ‘People always called me an optimist’

Garry Kasparov is a political activist who’s written books and articles on artificial intelligence, cybersecurity and online privacy, but he’s best known for being the former World Chess Champion who took on the IBM computer known as Big Blue in the mid-1990s. I spoke to Kasparov before a speaking engagement at the Collision Conference last month where he was participating in his role as Avast Security Ambassador. Our discussion covered a lot of ground, from his role as security ambassador to...
Tags: Security, TC, Tech, Cybersecurity, Artificial Intelligence, Prague, Ibm, Robotics, Chess, Avast, Garry Kasparov, Kasparov, Market Analysis, Vince Steckler, Extra Crunch


From warehouses to office space, real-estate markets have been turned upside down. These are the winners and losers.

Offices, hotels, and malls were emptied by the coronavirus. While some are reopening, the disruption has created a new normal.  Big firms are rethinking office needs — and some commercial real-estate deals are being put on ice as financing dries up.  A surge in e-commerce, meanwhile, is fueling demand for warehouse space from companies like Amazon.  For more stories like this, sign up here for our Wall Street Insider newsletter. The coronavirus threw the real-estate world into disarray, as pe...
Tags: Amazon, Facebook, UK, New York, Texas, North Korea, Softbank, New York City, US, Trends, Atlanta, Brooklyn, Washington Dc, Peter Thiel, Manhattan, Brookfield


Here's why IBM is buying a Brazilian software automation startup, adding fuel to a hot market that even Microsoft is trying to buy its way into (IBM)

IBM said Wednesday it is acquiring WDG Automation, a Brazilian robotic process automation company. The news comes just two months after Microsoft announced a similar move in what has become one of the hottest sectors in tech. Robotic process automation, or RPA, is technology that allows businesses to automate common and repetitive computer tasks, which has become a critical need for enterprises, especially after the pivot to remote work. Acquiring WDG automation will help IBM clients automate ...
Tags: Microsoft, Softbank, Trends, Bloomberg, Ibm, PitchBook, RPA, Business Insider Microsoft, UiPath, Comcast Google, Softomotive, Ted Kummert, Bobby Patrick, SecureDrop Claim, Michael Gilfix, WDG Automation


The tech industry comes to grips with Hong Kong’s national security law

Scott Salandy-Defour used to make frequent stops at a battery manufacturer in southern China for his energy startup based in Hong Kong. The appeal of Hong Kong, he said, is its adjacency to the plentiful electronics suppliers in the Pearl River Delta, as well as the city’s amenities for foreign entrepreneurs, be it its well-established financial and legal system or a culture blending the East and West. “It’s got the best of both worlds,” Salandy-Defour told TechCrunch. “But it’s not going to be ...
Tags: Apple, TC, Facebook, Asia, Twitter, Hong Kong, Europe, Japan, Australia, Washington, Government, China, Germany, Southeast Asia, Singapore, India


Meet the 7 Cisco power players helping CEO Chuck Robbins steer the company through the coronavirus crisis and thrive in the cloud era (CSCO)

Cisco has reeled from the effects of the economic downturn, although it has also benefitted from stronger demand for networking and videoconferencing technology due to the sudden rise of the remote workforce. The Silicon Valley giant is also adapting to new enterprise trends, led by the cloud and software-defined networking. Cisco has recently reorganized its top leadership, building a team backing CEO Chuck Robbins that is also "changing the narrative around Cisco," IDC President Crawford Del...
Tags: Asia, Japan, Samsung, Trends, Cisco, Asia Pacific, Ibm, Silicon Valley, Salesforce, Idc, Robbins, Business Insider, Meraki, Jonathan, Martinez, Townsend


This VC's tech startups are soaring in the downturn – here are five new companies he thinks will pop and three trends he says will emerge from quarantine

Jai Das of Sapphire Ventures has watched Netskope, Auth0, Box, and Square flourish while other companies have failed.  Das says an economic downturn "accelerates what happens with startups," and the good ones will address current problems.  Das lists Uptycs, Splashtop, and Hopin as promising companies that could find great success in the current climate.  Trends to emerge from this year could include remote performance management, identity authorization, and hybrid conferences that are both on...
Tags: London, Boston, Tel Aviv, Trends, Cisco, Ibm, Silicon Valley, Sapphire, Accel, Sapphire Ventures, Das, Jai Das, Splashtop, Hopin, Netflix Google Amazon Web Services Facebook, IVP Salesforce Ventures


This VC's tech startups are soaring in the downturn – here are five new companies he think will pop and three trends he says will emerge from quarantine

Jai Das of Sapphire Ventures has watched Netskope, Auth0, Box, and Square flourish while other companies have failed.  Das says an economic downturn "accelerates what happens with startups," and the good ones will address current problems.  Das lists Uptycs, Splashtop, and Hopin as promising companies that could find great success in the current climate.  Trends to emerge from this year could include remote performance management, identity authorization, and hybrid conferences that are both on...
Tags: London, Boston, Tel Aviv, Trends, Cisco, Ibm, Silicon Valley, Sapphire, Accel, Sapphire Ventures, Das, Jai Das, Splashtop, Hopin, Netflix Google Amazon Web Services Facebook, IVP Salesforce Ventures


156-year-old bank RBC still runs on mainframes, but it's working with IBM on tech updates that have helped speed up its development process by 30% (RY, IBM)

The bank RBC runs its core banking applications on older mainframe computers. Now, it's working on updating its technology to more modern platforms, including private cloud. It's also working with IBM to build applications that allow developers to release code faster and easily access data stored on mainframes. Visit Business Insider's homepage for more stories. Sign up here to receive updates on all things Innovation Inc. The 156-year-old bank RBC still uses mainframe computers for a signifi...
Tags: Trends, New Jersey, Ibm, Rbc, Holberton School, COBOL, Innovation Inc, Kazmi, RY IBM, Naim Kazmi


Timing of Innovation – Getting the Odds on Your Side

When it comes to innovation, there are countless ways things might go wrong. However, one of the most prevalent ones is incorrect timing. If you manage to get the timing just right, your innovations will obviously benefit from huge tailwinds when entire industries are transitioning from the old to the new with you riding at the top of the wave. With the right timing, even mediocre execution can lead to extraordinary results. On the other hand, get it wrong, and you’ll fail almost inevitabl...
Tags: Apple, Business, Leadership, Disruption, Law, Entrepreneurship, Nokia, Strategy, Innovation, Gartner, Sony, Ibm, Bill Gross, Wright, Blue Ocean Strategy, Innovation Perspectives


We need a new field of AI to combat racial bias

Gary M. Shiffman Contributor Share on Twitter Gary M. Shiffman, Ph.D., is the author of "The Economics of Violence: How Behavioral Science Can Transform our View of Crime, Insurgency, and Terrorism". He teaches economic science and national security at Georgetown University and is founder and CEO of Giant Oak, the creator of Giant Oak Search Technology. Since widespread protests over racial inequality began, IBM announced i...
Tags: Amazon, Tech, CS, Mit, Ibm, Gallup, Georgetown University, Security Studies, Gary M Shiffman, CE At North Carolina State University


If you wanna make your own open-source chip, just Google it. Literally. Web giant says it'll fab them for free

Plus: IBM emits BlueGene/Q CPU blueprints – and 'fastest' open-source RISC-V core emerges If you're doodling your own computer chip yet wondering if you'll ever see it physically manufactured, Google is offering to fabricate it for you for free.…
Tags: Google, Software, Ibm


A top Robert Half exec says tech job hunters need to avoid these big 5 blunders during the coronavirus crisis: 'Never shut down your search'

The tech industry has reeled from layoffs and furloughs due to the coronavirus crisis. But a top executive at Robert Half, the major HR consulting firm, says some tech jobs are still hot. "Just because there's a pandemic, hiring is still going on and opportunities will still be had." Ryan Sutton, a Robert Half district president, told Business Insider. Looking for work in tech can be challenging. Sutton said tech job hunters should avoid these 5 key blunders during this crisis. Click here for ...
Tags: Google, Amazon, Trends, Ibm, Dell, Salesforce, Robert Half, Sutton, Ryan Sutton, SecureDrop Claim


IBM Has Open Sourced Its Edge Device Platform and Wishes AWS and Microsoft Got On Board

IBM's Open Horizon is meant to make it easier to manage thousands of IoT devices as edge computing nodes.
Tags: Microsoft, Ibm, Linux


400 TB Storage Drives In Our Future: Fujifilm (slashdot)

One of the two leading manufacturers of tape cartridge storage, FujiFilm, claims that they have a technology roadmap through to 2030 which builds on the current magnetic tape paradigm to enable 400 TB per tape. AnandTech reports: As reported by Chris Mellor of Blocks and Files, Fujifilm points to using Strontium Ferrite grains in order to enable an areal data density on tape of 224 Gbit-per-square-inch, which would enable 400 TB drives. IBM and Sony have already demonstrated 201 Gbit-per-square-...
Tags: News, Sony, Ibm, Fujifilm, LTO, BeauHD, Chris Mellor, Barium Ferrite, Barium, Fujifilm Strontium Ferrite, Strontium Ferrite


Companies are hiring IBM's elite hacking team to target workers in their homes — and 3 other ways experts suggest tackling remote workers' bad cybersecurity habits (IBM)

Cybersecurity is a major challenge for companies with remote workers – and companies are addressing the issue in different ways. Seventy percent of IT pros worry remote workers will expose their companies to hackers, and half of workers admit breaking rules. IBM hires out a team of elite hackers to test remote employees' defenses. Other experts suggest holding emotional discussions about being hacked or using the subtle power of peer-shaming.  Visit Business Insider's homepage for more stories...
Tags: Trends, Ibm, Black Hat, Henderson, Wrike, Andrew Filev, Charles Henderson, Ostrowski, Sedova, Tim Adler, Sectigo, Elevate Security, Masha Sedova, Filev, IBM s X Force, Mark Ostrowski


4 Channels To Help Increase Online Holiday Sales

  While COVID-19 pandemic seems to have passed its peak, things are by no means “back to normal.” Supply chains are still disrupted, consumer wallets are still hurting, and unemployment is still high. It’s going to take a good while for the economy to get back on its feet, so you need to plan online holiday marketing strategies well in advance. Holiday Sales Planning 2020 With so much holiday revenue coming in online, it’s vital for online businesses to put their best holiday marketing foot ...
Tags: Facebook, Instagram, US, Sales, Cta, Snapchat, Ikea, Ibm, Facebook Instagram, Lee Odden, SERP, DepositPhotos, Instagram Stories, Content Marketing Content, WiseStamp, COVID


UK investors bet on a deep tech boom after startups across automation, AI, and quantum computing raise $3.3 billion

UK investors are putting more cash into 'deep tech' sectors such as artificial intelligence, quantum computing, and genomics.  British deep tech startups raised 3 billion euros ($3.3 billion) in 2019, according to indicative Dealroom data. Venture capital investors say cheaper access and improvements in underlying technology make it easier to bet on deep technology startups. Deep tech investors hope to better commercialize research coming out of UK universities and partner with early-stage sta...
Tags: Google, Facebook, Europe, UK, London, Microsoft, Softbank, US, Trends, Oxford, Cambridge, Ibm, Bristol, University of Cambridge, Eduardo Saverin, University College London


NCRB drops CCTV integration clause from updated facial recognition tender, eases bid qualification criteria for vendors

Under a revised request for proposal for India’s controversial Automated Facial Recognition System, the deployment of the surveillance tool will neither involve the installation of CCTV cameras nor will it connect to any existing CCTV camera anywhere. In turn, the new solution will now need to have “interfacing ability to analyse data on images/visuals on crime and criminals from various sources”. The AFRS is a centralised web application, and is expected to be the foundation for “a national lev...
Tags: Travel, Japan, News, Privacy, India, US, Surveillance, Fbi, Ibm, Cctv, Dell, RFP, Delhi, Facial Recognition, Iris, Bureau


Mark Zuckerberg's network effects nightmare

Hello and welcome back to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: Tech's "surge" of goodbyes and Facebook's network effects nightmare The tech business thrives on newness — new products, new features, new speeds. Even when the new stuff is really just old stuff with a new name, you can be s...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Yahoo, Ipo, Softbank, US, Trends, CMO, Tesla, Netflix, Missouri, Aol


400 TB Storage Drives In Our Future: Fujifilm

One of the two leading manufacturers of tape cartridge storage, FujiFilm, claims that they have a technology roadmap through to 2030 which builds on the current magnetic tape paradigm to enable 400 TB per tape. AnandTech reports: As reported by Chris Mellor of Blocks and Files, Fujifilm points to using Strontium Ferrite grains in order to enable an areal data density on tape of 224 Gbit-per-square-inch, which would enable 400 TB drives. IBM and Sony have already demonstrated 201 Gbit-per-square-...
Tags: Tech, Sony, Ibm, Fujifilm, LTO, Chris Mellor, Barium Ferrite, Barium, Fujifilm Strontium Ferrite, Strontium Ferrite