Posts filtered by tags: Stewart Butterfield[x]


 

From Elon Musk to Tim Cook, here's where the world's most influential tech founders and CEOs went to college — and what they studied

College is where many figure out what they're actually interested in and determine the career they want to pursue. We researched the degrees and schools attended by well-known tech CEOs, many of whom launched their companies or landed on the idea for their first startup while studying at college. Here's where 52 CEOs and founders in the tech industry went to school, and what they studied. Visit Business Insider's homepage for more stories. For new college students, choosing a major can feel l...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Europe, Elon Musk, Cook, Sweden, Maryland, Microsoft, Yahoo, Mba, Stanford, India, Satya Nadella, Trends


Microsoft's marketing exec in charge of Teams defends the workplace chat app's rapid user growth numbers: 'passive actions do not count' (MSFT)

Microsoft's workplace chat app, Teams, has grown rapidly, reaching 20 million daily active users in November and putting pressure on Slack.  Microsoft's head of marketing for its Microsoft 365 division, a bundle of business apps which includes Teams, Jared Spataro, defended Team's daily active user numbers, addressing previous criticism from rival Slack, which said the user growth is not organic.  Spataro said at the Goldman Sachs Technology and Internet Conference in San Francisco on Wednesda...
Tags: Google, Microsoft, San Francisco, Trends, Ibm, Skype, Stewart Butterfield, Slack, Butterfield, Spataro, Goldman Sachs Technology and Internet Conference, Goldman Sachs Technology, Slack Microsoft, Jared Spataro


Slack just scored its biggest customer deal ever, as IBM moves all 350,000 of its employees to the chat app (IBM, WORK)

Outgoing IBM CEO Ginny Rometty started the long, ongoing process of modernizing the 108-year-old company — both in terms of how it makes and markets its products, and in how it helps employees actually get the work done. As part of that push, IBM is deploying workplace chat app Slack to every single one of its 350,000 employees worldwide, after dabbling with it since at least 2014. This makes IBM Slack's largest single customer to date, as the company looks to ramp up its roster of large custo...
Tags: Microsoft, Wall Street, Trends, Ibm, Silicon Valley, Stewart Butterfield, Slack, Brian Elliott, Butterfield, Jeff Smith, Ginny Rometty, Ginni Rometty, Rometty, Innovation Inc, Slack platform, Konrad Lagard


IBM Picks Slack Over Microsoft Teams For Its 350,000 Employees

According to Business Insider, IBM has chosen Slack over rival Microsoft Teams for its more than 350,000 employees. From a report: It's a big test for Slack, but it has been one the pair has been working toward in recent years. Internal teams at IBM reportedly started using the chat app as far back as 2014, and this has grown over time. "Going wall to wall in IBM -- it's basically the maximum scale that there is, so we now know that Slack will work for literally the largest organizations in the ...
Tags: Microsoft, Tech, SEC, Ibm, Stewart Butterfield, Slack, Slack IBM, Business Insider IBM, IBM Picks Slack Over Microsoft


Inside Slack's wild San Francisco headquarters, where each floor is designed to look like nature — from rocky deserts to soothing waterfalls

Slack's San Francisco headquarters has a unique, nature-themed office. Each floor is inspired by a different natural landscape of the Pacific Crest Trail, along the west coast. Design firm Studio O+A embraced the theme, while also making the office functional. Slack employees in San Francisco can go from the desert, to the mountains, to a glacier, all without leaving the office. The San Francisco headquarters, designed by Studio O+A, has a specific nature theme. Slack CEO Stewart Butterfield ...
Tags: Google, San Francisco, Trends, Cambridge, Vancouver, Baja, Stewart Butterfield, Pacific Crest Trail, Pacific Northwest Each, Pacific Crest Trail Ceiling, Volcano Tea Lounge


The nature-themed floors at Slack's San Francisco headquarters take employees from the desert to a cloudy mountaintop

Slack's San Francisco headquarters has a unique, nature-themed office. Each floor is inspired by a different natural landscape of the Pacific Crest Trail, along the west coast. Design firm Studio O+A embraced the theme, while also making the office functional. Slack employees in San Francisco can go from the desert, to the mountains, to a glacier, all without leaving the office. The San Francisco headquarters, designed by Studio O+A, has a specific nature theme. Slack CEO Stewart Butterfield ...
Tags: Google, San Francisco, Trends, Cambridge, Vancouver, Baja, Stewart Butterfield, Pacific Crest Trail, Pacific Northwest Each, Pacific Crest Trail Ceiling, Volcano Tea Lounge


A group of young people in Silicon Valley could get $1,000 per month from the county government in a trial of basic income

Santa Clara County, home to Silicon Valley, is considering a basic-income pilot that would give $1,000 per month to young adults transitioning out of foster care.  High housing costs and a lack of affordable housing have made these adults vulnerable to homelessness.  Like the basic-income trial in Stockton, California, the pilot would test whether guaranteeing free money to citizens improves their quality of life. Visit Businessinsider.com for more stories. Silicon Valley seems to be ever mor...
Tags: Facebook, Y Combinator, California, US, Trends, Alaska, Social Security, Stockton, Silicon Valley, Sam Altman, Oakland, Santa Clara, Denver, Stewart Butterfield, Trump, Yang


Microsoft CEO Satya Nadella says too many people use their phones to consume, not create — and thinks its Teams chat app can help restore 'balance' (MSFT, WORK)

Microsoft CEO Satya Nadella says that people use their smartphones more for consumption than for creation, creating an imbalance. He says that he sees an opportunity for Microsoft's Teams workplace chat app to help balance things out, by providing something like a social network that helps people collaborate on actually getting things done. "What is perhaps not there, is that...intimate circle," Nadella said. "How do I collaborate, communicate, form relationships with that? And so that's anoth...
Tags: Facebook, Instagram, Microsoft, Satya Nadella, US, Trends, Silicon Valley, Skype, Stewart Butterfield, Facebook Twitter, Nadella, Nicholas Carlson, Nat Friedman, Microsoft Teams


Microsoft announces global Teams ad push as it combats Slack for the heart of enterprise comms

The long-running contest between Microsoft and its Teams service and Slack’s eponymous application continued this morning, with Redmond announcing what it describes as its first “global” advertising push for its enterprise communication service. Slack, a , exploded in the back half of last decade, accreting huge revenues while burrowing into the tech stacks of the startup world. The former startup’s success continued as it increasingly targeted larger companies; it’s easier to stack revenue ...
Tags: TC, Enterprise, Microsoft, Tech, Teams, Stewart Butterfield, Slack, Redmond, Stock While Teams, Ahead Slack


Slack's inroads into retail and healthcare could save it from being squashed by Microsoft's rival workplace chat app (WORK)

Slack is showing promising growth prospects in industries like retail, media, healthcare and financial services this year, argue analysts at equity research firm William Blair and Co.  These prospects suggest that the competition from Microsoft's rival Teams chat app may not be as as significant as originally thought. One big reason why is Slack's specialized security and compliance features which could help it make inroads into healthcare and financial services companies. Other analysts have ...
Tags: Google, Microsoft, Trends, Skype, Stewart Butterfield, William Blair, Suri, William Blair and Co These, William Blair and Co Key, Bhavan Suri, Office 365 Teams


19-year-old software company AvePoint just raised $200 million to help customers leave Slack and go to Microsoft's fast-growing Teams app (MSFT)

AvePoint, a 19-year-old software company from New Jersey, just raised $200 million in Series C funding to chase a big opportunity in helping customers move to Teams, Microsoft's fast-growing chat app. AvePoint helps companies move to and manage Office 365 and other Microsoft cloud software. The company claims that its software is the best and only way to move to Teams from Slack, Microsoft's chief chat rival. It also provides tools for backing up Teams chats, and for the IT department to manag...
Tags: Google, Microsoft, Australia, Office, Trends, New Jersey, Nintendo, Stewart Butterfield, Netsuite, Jiang, Slack Microsoft, UK Asia, Goldman Sachs It, TPG Sixth Street Partners, AvePoint, Tianyi Jiang


'Winter is coming' for Slack in 2020 as its faces more competition from Microsoft's rival Teams app, an analyst says

Slack has been under pressure this year from Microsoft and its rival Teams chat app. That's expected to continue into 2020, writes Dan Ives, an analyst at Wedbush.  Ives writes in a note that "winter is coming" for Slack, and that new customer growth will be the area where Slack continues to struggle. Microsoft has touted the rapid growth of its Teams app this year through daily active user numbers, which were at 20 million as of November. Slack has 12 million daily active users, but has fough...
Tags: Microsoft, Trends, Teams, Microsoft Office, Skype, Stewart Butterfield, Wedbush, Butterfield, Ives, Redmond, Microsoft Teams, Dan Ives, Wedbush Ives


14 incredible tech products that didn't exist 10 years ago

The tech world has changed significantly in the last decade.  Back in 2009, the iPad hadn't come out yet, Lyft didn't exist, and the Amazon Echo hadn't been unveiled.  Here are 14 major innovations that didn't exist 10 years ago.  Visit Business Insider's homepage for more stories. The world was a very different place 10 years ago.  A decade ago, you couldn't order a Lyft on your phone, you couldn't scroll through Instagram, and you couldn't watch movies or answer email on an iPad. Several in...
Tags: Apple, Amazon, Verizon, Facebook, Lyft, Mark Zuckerberg, Jobs, Instagram, Microsoft, Steve Jobs, Samsung, NFL, Trends, Snapchat, Sprint, Steve Ballmer


Billionaires of the 2010s: From Facebook execs to heiresses, here's a look at some of the biggest names to join the 3-comma club in the past decade

The world's billionaire population has more than doubled over the past decade, Forbes' 2010 and 2019 Billionaires lists show. The wealthiest woman in the world, Francoise Bettencourt Meyers, only joined the three-comma club in 2018, Business Insider previously reported. Not everyone who became a billionaire in the past decade stayed one, however. Business Insider rounded up some of the biggest names to become billionaires in every year over the past decade. Visit Business Insider's homepage fo...
Tags: Apple, Facebook, South Korea, Spacex, Elon Musk, Instagram, Softbank, Disney, US, Memphis Grizzlies, Trends, Tesla, Snapchat, Paris, Bill Gates, Nba


Hiring for Cultural Fit

ORGANIZATIONS OFTEN TALK about hiring for cultural fit, yet very few of them know how to do it well. This is mostly because they haven’t taken the time to define their culture and, therefore, there’s nothing to hire against or fit into. Instead, a standard set of questions, technical skills, qualifications, and psychometric testing are used in the hope that the right candidate lands in their lap. Where time, money and effort has been invested to define the organizational culture, it’s imperativ...
Tags: Facebook, Leadership, Instagram, Management, Zappos, Stewart Butterfield, Elite SEM, Ben Kirshner, Tony Hseih, Tinuiti, Zappos Slack, Colin D Ellis, Australia Colin, Work Wiley Nov


Slack's Response to New Microsoft Teams Ad? 'Ok Boomer'

An anonymous reader quotes Business Insider: Slack tweeted a video on Thursday comparing a Slack ad and a Microsoft ad, showing the similarities between them and implying the Microsoft ad copied Slack's concept. The video was captioned "ok boomer," a phrase that has turned into a meme for millennials and Gen Z to voice their gripes with the baby boomer generation... Slack is leaning into its status as the young, hip startup by calling out its older, more established competition: Microsoft... O...
Tags: Microsoft, Tech, Stewart Butterfield, New Microsoft, Zdnet


Slack just taunted Microsoft with 'OK boomer' for running an ad campaign that looks almost exactly like one of Slack's (WORK, MSFT)

Slack tweeted a video on Thursday with the caption "ok boomer," appearing to call out Microsoft for a suspiciously similar ad campaign to Slack's. Slack and Microsoft Teams are two competing workplace chat services.  Microsoft just revealed it has more users than Slack, but Slack CEO Stewart Butterfield said that Microsoft views Slack as an "existential threat."  Visit Business Insider's homepage for more stories. Slack is leaning into its status as the young, hip startup by calling out its ...
Tags: Amazon, Microsoft, US, Trends, Stewart Butterfield, Microsoft Slack


Slack plunges 11% after Microsoft's rival messaging platform extends its lead with 20 million daily active users

Microsoft reported Tuesday that Teams, a messaging competitor to Slack, has 20 million daily active users.  Slack plunged as much as 11% on the news. In October, Slack reported 12 million daily active users. In addition to having more daily active users than Slack, Microsoft also said that Teams users grew by more than 50% since its last report in July.  Watch Slack trade live on Markets Insider. Shares of Slack fell as much as 11% Tuesday after Microsoft reported that its competing messagin...
Tags: Facebook, Microsoft, Trends, Bloomberg, Netflix, Stewart Butterfield, Slack Microsoft


Microsoft Teams just hit 20 million daily active users, beating its rival Slack once again (MSFT, WORK)

On Tuesday, Microsoft announced its workplace messaging and collaboration app Teams has hit 20 million daily active users. Its rival Slack announced in October that it has 12 million daily active users — but emphasized how much time users spend on its app, indicating how much people actually like using it. Microsoft offers Teams as part of its Office 365 business cloud productivity suite, which is a major advantage as it has many long-time enterprise customers. Read more on the Business Inside...
Tags: Microsoft, Trends, Salesforce, Stewart Butterfield, Slack Microsoft


SUCCESS INSIDER: The essay that got me into Stanford business school, plus the books tech chiefs rely on for digital overhauls

Documents make the world go round.  And the right ones grant you entry into the halls of power and influence.  Like an MBA from Stanford's vaunted Graduate School of Business. Or the person essay that propels you into the exclusive program in the first place. For this installment of Success Insider, your regular guide to making things happen in your life, we'll be perusing some transformational texts — and getting to know a remarkable 27-year-old inventor. Let's just say some lightbulbs are abo...
Tags: Amazon, Stanford, US, America, Trends, Stewart Butterfield, Hans Rosling, Drexel University, Stanford GSB, Edmond, Joe Williams, Wharton, Stanley Black Decker, David Bradford, DOMINICK REUTER, Allan Cohen


Stewart Butterfield says Microsoft sees Slack as existential threat

In a wide ranging interview with Wall Street Journal global technology editor Jason Dean yesterday, Slack CEO and co-founder Stewart Butterfield had some strong words regarding Microsoft, saying  the software giant saw his company as an existential threat. The interview took place at the WSJ Tech Live event. When Butterfield was asked about a chart Microsoft released in July during the Slack quiet period, which showed Microsoft Teams had 13 million daily active users compared to 12 million for S...
Tags: Google, Social, TC, Facebook, Enterprise, Microsoft, Tech, Ibm, Wall Street Journal, Justice Department, Stewart Butterfield, Slack, Butterfield, Dean, Enterprise Social, Jason Dean


California's Assembly Bill 5 drastically affects gig economy companies like Uber and DoorDash. This is what an independent contractor actually is, and how it's classified under the new law.

California lawmakers passed Assembly Bill 5, adopting a narrow definition of independent contractor that could force Uber and other gig economy businesses to choose between reclassifying workers as employees or risking significant liability for misclassification. The move serves as a reminder to businesses to be careful when classifying workers as contractors.  Classifying independent contractors falls into two main categories: the "right to control" test (often called the "IRS test") and the ...
Tags: Lyft, Uber, Abc, California, US, Trends, Irs, Stewart Butterfield, Raleigh North Carolina, Uber Lyft, Assembly Bill, Massachusetts New Jersey, Instead Uber, Wyrick Robbins Yates Ponton LLP, Ann Margius


Slack CEO Stewart Butterfield says that Microsoft has been 'surprisingly unsportsmanlike' as a competitor (WORK, MSFT)

Slack CEO Stewart Butterfield addressed the competition from Microsoft Teams, saying the numbers Microsoft released claiming to have more users than Slack are slightly misleading.  In July, Microsoft said it had 13 million daily active users, claiming it was ahead of Slack. In early October, Slack responded and said it had 12 million daily active users, but that it had very favorable user engagement metrics. "I think they feel like we're an existential threat," Butterfield said of Microsoft. B...
Tags: Google, Facebook, Microsoft, Office, US, Trends, Caribbean, Stewart Butterfield, Butterfield, Laguna Beach, Microsoft Teams, Microsoft Butterfield, Slack Butterfield, Facebook Amazon Alphabet


New ServiceNow CEO Bill McDermott hinted that he won't chase as many acquisitions as he did leading SAP — and said that the goal is still $10 billion in revenue (NOW, SAP)

Incoming ServiceNow CEO Bill McDermott vowed to complete outgoing CEO John Donahoe's vision of taking the cloud software giant to $10 billion in revenue: "I look forward to achieving it." McDermott just stepped down as CEO of software giant SAP. Donahoe, who has agreed to become Nike's CEO, introduced McDermott to financial analysts during ServiceNow's third-quarter earnings call.  McDermott said ServiceNow has an impressive and "pristine" platform with plenty of room for growth. "This is a na...
Tags: Ebay, Trends, Nike, Paypal, Gartner, Ibm, Sap, Idc, Stewart Butterfield, Bmc, Servicenow, Van Morrison, McDermott, Meg Whitman, IDC Microsoft, Donahoe


WeWork is the largest 'flex-space' operator in the US — and the real estate sector is slated to only keep its 600% boom going

Flexible space, or flex space, is a term used to describe the flexible use of space in industrial or commercial buildings to boost portfolio flexibility, increase collaboration, and lower occupancy costs, according to the real estate services firm Jones Lang LaSalle (JLL). A recent study by the real-estate company CBRE found that, as of the second quarter of 2019, the 10 largest flex space operators in the US make up 68% of the nation's 71 million-square-foot flex space market. The study found...
Tags: New York City, US, Trends, United States, WeWork, Cbre, Stewart Butterfield, Regus, JLL, Jones Lang Lasalle JLL, Jones Lang LaSalle, Carr Workplaces According


Bank of America bucked the Wall Street trend and made a $350 million bet on its own internal cloud — and the payoff has been striking

Bank of America has bucked the Wall Street trend by building its own private cloud software rather than outsourcing to companies like Amazon, Microsoft, and Google.  The investment, including a $350 million charge in 2017, hasn't been cheap, but it has had a striking payoff, CEO Brian Moynihan said during the company's third-quarter earnings call.  He said the decision helped reduce the firm's servers to 70,000 from 200,000 and its data centers to 23 from 60, and it has resulted in $2 billion ...
Tags: Google, Trends, Bank Of America, Stewart Butterfield, Business Insider, Wells Fargo, Moynihan, Brian Moynihan, Amazon Microsoft, Mike Mayo, Howard Boville Bank of America, Boville


Goldman Sachs quietly unloaded some of its WeWork shares while its investment bankers were pitching the company a $60 billion-plus IPO (GS)

Goldman Sachs had sold some of its stake in WeWork even as the investment bank was pitching the coworking company for a highly lucrative IPO mandate.  The bank unloaded shares at two earlier fundraising rounds when the WeWork mega-investor SoftBank gave employees and earlier investors a chance to sell their stake, according to a person with knowledge of Goldman's actions. The bank assigned a "much more modest" valuation to the company than the $47 billion value set earlier this year, or the $6...
Tags: Ipo, Softbank, Trends, Goldman Sachs, WeWork, Morgan Stanley, Goldman, Wall Street Journal, Financial Times, Stewart Butterfield, Jpmorgan, Neumann, Adam Neumann, Betsy Graseck, Graseck


Ousted WeWork CEO Adam Neumann 'is a great entrepreneur,' says Salesforce CEO Marc Benioff (CRM)

Salesforce CEO Marc Benioff has been saying for years that so-called unicorns — tech startups valued at $1 billion or more — are a bad idea, allowed to grow too big without proper governance. But when asked by Business Insider if WeWork represents all that's wrong with unicorns in the wake of its IPO fiasco, Benioff gave a surprising response. Instead he praised WeWork's former CEO Adam Neumann as 'one of the greatest entrepreneurs I've ever met." Visit Business Insider's homepage for mo...
Tags: Lyft, Ipo, San Francisco, Trends, WeWork, Salesforce, West Coast, Stewart Butterfield, Marc Benioff, Business Insider, Neumann, Architectural Digest, Adam, Adam Neumann, Benioff, Salesforce Tower


The CEO of SAP is stepping down, and his replacements signal a new willingness to compete with Salesforce and Workday in the cloud (SAP, CRM)

Bill McDermott, CEO of enterprise software giant SAP,  is stepping down, the company said Thursday.  The abrupt announcement didn't give a reason for his departure, but SAP says that McDermott will stay on as an advisor through the end of the year. He will be replaced by two members of the SAP executive team, Jennifer Morgan, president of the company's cloud business group, and chief operating officer Christian Klein. Analysts say the change — and the appointment of Morgan, an experienced clou...
Tags: Amazon, Trends, Salesforce, Oracle, Sap, Idc, Stewart Butterfield, Business Insider, Morgan, McDermott, Hasso Plattner, Klein, Christian Klein, Ray Wang, Bill McDermott, IBM SAP


Robinhood is launching a cash management feature less than a year after blowing the launch of a similar product so bad Congress got involved

Robinhood, the online brokerage that rose in prominence thanks to its no-fee trading, announced via its blog on Tuesday that it is launching a cash management product that will offer 2.05% interest.  The news comes less than a year after it unsuccessfully tried to launch a similar product that was shelved after it was incorrectly promoted by the startup as being SIPC insured.  Under the new feature, uninvested cash will be sent to program banks where it will be FDIC insured. If at first you d...
Tags: Congress, Trends, SEC, Robinhood, Stewart Butterfield, FDIC, Federal Deposit Insurance Corp, Dan Gallagher, SIPC, Securities Investor Protection Corp, SoFi Betterment