SaaS is a distribution model for software licensing that lets companies host their software on the internet.

Zoom experienced wild growth in 2020. Now, it faces new challenges and opportunities as it adapts to a post-pandemic world.

Microsoft announced new features for Teams, including integrations with Power Platform, which allows users to easily build apps without having to write code, at its developers’ conference Build on Tuesday. Microsoft also launched updates to Fluid Framework so that users can collaborate on tables, lists, and agendas right in their […]

On Thursday, the $US1.5 billion work management software startup Asana launched new products for operations, sales, and account management teams. Earlier this month, Asana announced that it filed to go public with a direct listing – an alternative to a traditional IPO in which companies like Slack and Spotify have […]

The productivity software startup Asana is planning to go public next year and looking at a direct listing, the Financial Times’ Miles Kruppa reported. Asana, co-founded by Facebook co-founder Dustin Moskovitz, is valued at $US1.5 billion and has crossed $US100 million in annual recurring revenue. Both Slack and Spotify did […]

On Thursday, the hiring software startup Searchlight announced it raised a $US2.5 million seed round led by Accel. Searchlight was founded by twin sisters Kerry and Anna Wang, twin sisters who graduated Stanford last year and went to the famed startup incubator Y Combinator this year. They say that employers […]

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 emphasised how much time users spend on its app, indicating how much people actually like using […]

On Tuesday, hot video conferencing company Zoom introduced its first major set of product updates since its IPO in April. The company partnered with Poly to introduce Zoom Rooms Appliances, a device for conference rooms that comes with a camera, microphone, a speaker, and its software so users can easily […]

On Thursday, Slack announced that it now has over 12 million daily active users. In comparison, its rival Microsoft Teams most recently reported over 13 million daily active users. Slack says users spend over nine hours a day connected to Slack and 90 minutes a day using the app. Slack […]

Software-as-a-service companies – which licence software products on a subscription basis – took a beating in the markets in September. According to RBC Capital Markets, the average return of the 21 SaaS companies the firm covers was -5.9% for the month, while the S&P 500 rose 1.7%. RBC also said […]

On Monday, Slack launched “Slack 101,” an online resource for new users to teach them how to use Slack. Slack currently has support resources and a tutorial built into its app, but Slack 101 is designed as a free online course to walk users through the basics. Before launching Slack […]

On Tuesday, Catalyst announced it raised $US15 million in a series A round led by Accel. Catalyst CEO and co-founder Edward Chiu decided to start the company after his stint at DigitalOcean, where he built customer success software. Chiu says that compared to competitors like Salesforce and Gainsight, Catalyst’s software […]

On Tuesday, Gentry Underwood wrote a blog post about his new startup Navigator, which will create an AI-powered team assistant to help with meetings. Previously, Underwood founded a mobile email app Mailbox, which he sold to Dropbox in 2013. The same team behind Mailbox has spent the past few years […]

On Monday, Okta added former PepsiCo and Procter & Gamble executive Robert L. Dixon, Jr. to its board of directors. Dixon says that since he has worked in consumer companies, he brings the “voice of the customer” to the table. Visit Business Insider’s homepage for more stories. Robert L. Dixon, […]

On Tuesday, Dropbox announced that it has made its biggest redesign in its history. Dropbox partnered with Zoom,Slack, and Atlassian for new integrations. On the new Dropbox, users will not only be able to store and share files, but also send Slack messages and set up Zoom meetings directly from […]

At Salesforce‘s developer conference TrailheaDX, Salesforce co-founder and CTO Parker Harris shared how Salesforce created the App Store and gave the URL to Apple. Apple co-founder Steve Jobs inspired Salesforce co-founder and co-CEO Marc Benioff to create an app store. As a gift, Benioff gave the App Store trademark and […]

Last Friday, the Salesforce board’s compensation committee approved cash bonuses, salaries and stock awards for the company’s top executives. Here’s how much in bonuses they will be paid, and how much they will make in the coming fiscal year, according to public filings. It’s that time of the year when […]