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Slack CEO Stewart Butterfield says that the major tech companies will never completely own the enterprise software market (BOX, OKTA)

Slack, the $7.1 billion collaboration startup, uses around 350 different applications to get work done internally, and CEO Stewart Butterfield doesn't expect that to change any time soon. In a conversation with Box CEO Aaron Levie, Butterfield rejected the idea that a major acquirer like Oracle would sweep in and consolidate the scattered market for enterprise startups.   The proliferation of new software companies is "going to continue forever," Butterfield said, adding that "software will get into finer and finer niches."

SAN FRANCISCO -- The software market is full of hundreds of startups with extremely specific, niche offerings — and that's not going to change any time soon, according to Slack CEO Stewart Butterfield.


The International Space Station sprung a leak yesterday — and it shows why a space junk disaster could cut off human access to space

The International Space Station (ISS) sprung a "minute pressure leak" on Wednesday, NASA said.

The astronauts on board have since found and fixed the source of the leak: a hole about 2 millimeters wide in the Soyuz spacecraft attached to the Russian part of the space station.

NASA said in a press release that the six-person crew were never in danger, and that the cabin pressure is now holding steady.

"Flight controllers in Houston are continuing to monitor station’s cabin pressure in the wake of the repair," NASA said.


A gold mine is buried 'under the weeds' at Amazon — here's why it could take the company beyond the $1 trillion mark (AMZN)

Amazon looks set to become the second US company to reach a market capitalization of $1 trillion. But it could grow to be much bigger than that, says Daniel Morgan, a portfolio manager at Synovus Trust. Amazon's cloud business is growing rapidly in a fast-growing industry, he noted. Meanwhile, it has an advertising business that few are paying attention to that has the potential to rival Google and Facebook, he said.

Amazon is close to becoming the second US public company ever to hit a market capitalization of $1 trillion, but if you ask Daniel Morgan, it's got plenty of headroom after that.


Tech billionaire Vinod Khosla says he wishes he never bought the beach near his $37 million estate. But he will fight for the rest of his life to keep it off-limits to the public on 'principle'

Tech billionaire Vinod Khosla is fighting to make a beach near his $37 million estate off-limits to the public. In an interview with The New York Times, Khosla said he wished he had "never bought the property," but he will continue to fight for his privacy based on "principle." Khosla also said he realizes how the controversy has forever changed his legacy: "A billionaire is a bad word in this country now," Khosla told the Times. "And that pains me."

Tech billionaire and venture capitalist Vinod Khosla has spent a decade fighting to keep a beach near his $37 million estate off-limits to the public. It's an exhausting thing — the 63-year-old tech legend has become known as California's "beach villain" — but he's not giving up the battle.

In an


The SEC charged a cloud executive with insider trading after he allegedly saved his brothers from $600,000 in losses (QYLS)

The SEC charged a former cloud security executive with insider trading on Thursday. Amer Deeba, chief commercial officer at Qualys, allegedly gave his two brothers advanced warning of poor financial results in Q1 2015 and encouraged them to sell all of their shares in the company.  The financial results ultimately tanked the company's stock 25% the day after earnings, and saved the brothers a total of $581,170, according to the SEC complaint.

A longtime enterprise tech executive was charged with insider trading on Thursday by the Securities and Exchange Commission which alleged that he tipped off his two of his brothers and helped them dump shares in his company ahead of an ugly quarterly earnings report.


'Best PR I've had in a while': Elon Musk celebrates that Steve Bannon called him 'an immature man child' (TSLA)

Elon Musk is welcoming the criticism of Steve Bannon, who called the Tesla CEO "an immature man child" in an interview with CNN. "Can Steve Bannon please insult me some more? Best PR I've had in a while," Musk quipped on Thursday night. Bannon, a one-time strategist for President Donald Trump who was ousted from the White House last summer, has been rebuking Silicon Valley giants like Google and Facebook, echoing Trump's unsubstantiated claims that the companies are biased against political conservatives. Bannon accused Musk of lying during a weeks-long tarry over a proposal to take Tesla private and called the company "out of control."

Elon Musk would like Steve Bannon to criticize him some more.

Responding to a CNN interview in which the one-time strategist to President Donald Trump


Conservative Facebook employees are organizing to attack the liberal company's 'intolerant' culture (FB)

Conservative Facebook employees are reportedly complaining internally about the company's "intolerant" liberal culture. According to The New York Times, more than 100 have joined the internal group "FB'ers for Political Diversity." Facebook has grappled with dissenting conservative employees before, and banned an anonymous group used by them in 2016.

More than 100 politically conservative Facebook employees have formed a new internal group to complain that the famously liberal company is "intolerant" of opposing political thought, according to a report from The New York Times on Tuesday.


Donald Trump is right about Google — but for the wrong reason (GOOG, GOOGL)

President Trump attacked Google on Tuesday for using its power over search to supposedly suppress conservative outlets and positive news about him. He did not provide any evidence to back up those charges. But the president wasn't wrong to take aim at Google's control. Google dominates search and has become a major provider of traffic to news sites. As such, it shapes what news and information we are aware of and have access to.  It's long past time to limit the company's power and force it to be more transparent.

As president, Donald Trump has often been right for the wrong reasons.

His broadside Tuesday morning against Google is yet another example.

In a


It's not just Facebook: Customer confidence in social media companies has deteriorated overall (FB, TWTR)

Facebook is still in recovery mode, six months after the scandal over political research firm Cambridge Analytica and how it improperly obtained Facebook profile data for as many as 87 million users. 

Facebook's share price hasn't fully recovered from its single-day market cap loss of $150 billion in July. Now, the burden falls on the social network to win back the confidence of its users. A study of US consumers shows that Facebook has its work cut out for it, however.

As this


'All three companies do the same thing:' Digital publishing mashup Maven cut $5 million and laid off 17 Say Media staffers to reach profitability

Say Media let go of 17 staffers as the company merges with Maven and HubSpace to create one digital publishing entity. Maven recently cut $5 million in operating costs but says that it's on track to hit a $30 million run rate this year. Matt Sanchez will not stay on with Maven's leadership, according to CEO Jim Heckman.

Serial entrepreneur James Heckman wants to create a healthy alternative outside of Facebook for small publishers — and is making cuts to do so.

In March, Maven announced plans to acquire Say Media. The company also acquired HubPages in January and said that the combination of Maven, Say Media and HubPages "will bring together former competitors to create a dominant platform for professional, independent publishers," according to a press release.