Slack

RV Capital 2020 Year-End Commentary: A Short Attack on Grenke

RV Capital letter to investors for the year ended December 31, 2020, discussing the correct place to apply margin of safety. Q3 2020 hedge fund letters, conferences and more Dear Co-Investors, The NAV of Business Owner was €872.11 as of 30 December 2020. The NAV increased 17.3% since the start of the year and 779.0% since inception on 30 September 2008. The compound annual growth rate since inception is 19.4%. The Development of our CompaniesI described the development of our companies in my half-year letter with a particular focus on the impact of Covid-19, so I will keep my comments here sho...

Online work service Slack goes down as offices rev up

San Francisco (AFP) - Online collaboration service Slack suffered a major outage on Monday as people tried to get back to business remotely on the first work week of the new year. San Francisco-based Slack put out word early Monday that people were having trouble connecting to the service, then upgraded the incident to an outage a short time later. "We apologize for any disruption caused," Slack said in a message at its status board. "All hands are on deck on our end to further investigate." The problem remained "largely ongoing" into late morning in California, with Slack recommending custome...

Marc Benioff On Salesforce’s $27 Billion Acquisition Of Slack

*CNBC Exclusive: CNBC Transcript: Salesforce Founder, Chairman and CEO Marc Benioff Speaks with CNBC’s “Mad Money” today discussing the $27 billion [acquisition](https://www.valuewalk.com/2019/12/top-10-ma-sites/) of Slack\.*Q3 2020 hedge fund letters, conferences and moreMarc Benioff: Slack deal makes Salesforce 'a whole new type of company'JIM CRAMER: Mr. Benioff, congratulations and welcome back to "Mad Money."MARC BENIOFF: Jim, it's always great to be with you. Thanks for having me again.CRAMER: You know what I'm not gonna mince words. I want to know right now with this acquisition, $27 bi...

Slack stock rips higher on report of talks with Salesforce

Shares of Slack Technologies have skyrocketed after a report that Salesforce is negotiating to buy the company. Citing sources familiar with the talks, The Wall Street Journal reports that any potential deal with Salesforce would probably value Slack at more than its previous $17 billion market capitalization.Q3 2020 hedge fund letters, conferences and moreAfter the WSJ's report, shares of Slack surged more than 20%, carrying the company's market cap up past $20 billion. Meanwhile, shares of Salesforce slumped by almost 3% on the news about Slack. Microsoft shares also dipped slightly on the p...