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Archivo del Autor: Belen De Leon

Why it just might make sense that Salesforce.com is buying Salesforce.org

Yesterday, Salesforce .com announced its intent to buy its own educational/non-profit arm, Salesforce.org for $300 million. On its face, this feels like a confusing turn of events, but industry experts say it’s really about aligning educational and non-profit verticals across the entire organization.

Salesforce has always made a lot of hay about being a responsible capitalist. It’s something it highlights at events and really extends with the 1-1-1 model that it created, which gives one percent of profit, time and resources (product) to education and non-profits. Its employees are given time off and are encouraged to work in the community. Salesforce.org has been the driver behind this, but something drove the company to bring Salesforce.org into the fold.

While it’s easy to be cynical about the possible motivations, it could be a simple business reason, says Ray Wang, founder and principal analyst at Constellation Research. As he pointed out, it didn’t make a lot of sense from a business perspective to be running two separate entities with separate executive teams, bookkeeping systems and sales teams. What’s more, he said there was some confusion over lack of alignment and messaging between the Salesforce.com education sales team and what was happening at Salesforce.org. Finally, he says because Salesforce.org couldn’t issue Salesforce.com stock options, it might not have been attracting the best talent.

“It allows them to get better people and talent, and it’s also eliminating redundancies with the education vertical. That was really the big driver behind this,” Wang told TechCrunch.

Tony Byrne, founder and principal analyst at Real Story Group agreed. “My guess is that they were struggling to align roadmaps between the offerings (.com and .org), and they see .org as more strategic now and want to make sure they’re in the fold,” he said.

Focusing on the charity arm

Brent Leary, principal and co-founder at CRM Essentials says it’s also about keeping that charitable focus front and center, while pulling that revenue into the Salesforce.com revenue stream. “It seems like doing good is set to be really good for business, making it a potentially very good idea to included as part of Salesforce’s top line revenue numbers, Leary said.

For many, this was simply about keeping up with Microsoft and Google in the non-profit space, and being part of Salesforce.com makes more sense in terms of competing. “I believe Salesforce’s move to bring Salesforce.org in house was a well-timed strategic move to have greater influence on the company’s endeavors into the Not for Profit (NFP) space. In the wake of Microsoft’s announcements of significantly revamping and adding resources to its Dynamics 365 Nonprofit Accelerator, Salesforce would be well-served to also show greater commitment on their end to helping NFP’s acquire greater access to technologies that enable them to carry out their mission,” Daniel Newman, founder and principal analyst at Futurum Research said.

Good or bad idea?

But not everyone sees this move in a positive light. Patrick Moorhead, principal analyst and founder at Moor Insights and Strategies, says it could end up being a public relations nightmare for Salesforce if the general public doesn’t understand the move. Salesforce could exacerbate that perception, if it ends up raising prices for non-profits and education.

“Salesforce and Benioff’s move with Salesforce.org is a big risk and could blow up in its face. The degree of negative reaction will be dependent on how large the price hikes are and how much earnings get diluted. We won’t know that until more details are released,” Moorhead said.

The deal is still in progress, and will take some months to close but if it’s simply an administrative move designed to create greater efficiencies, it could make sense. The real question remains is how this will affect educational and non-profit institutions as the company combines Salesforce.org and Salesforce.com.

Salesforce did not wish to comment for this story.


Source: TechCrunch

Avengers: Endgame is 'definitive ending', says Marvel's Kevin Feige – CNET

He also says the Marvel story will continue in Disney Plus shows that will “intersect with the movies in a very big way.”
Source: CNET

The cold reason NASA is sending humans to the moon's South Pole – CNET

No astronaut has set foot on the lunar South Pole, but NASA hopes to change that by 2024.
Source: CNET

Mazda recalls 188,000 Mazda3 vehicles for windshield wiper failures – Roadshow

A defective control module is to blame.
Source: CNET

Disney Plus streaming service: Release date, price, shows and movies to expect – CNET

Here’s everything we know about Disney Plus, the entertainment giant’s Netflix-like push into streaming.
Source: CNET

Brex, the credit card for startups, raises $100M debt round

Brex, widely known for its billboards littered across San Francisco, has secured a $100 million debt financing from Barclays Investment Bank .

The company, which provides a corporate credit card designed specifically for startups, has previously raised $215 million in equity funding at a $1.1 billion valuation in the less than two years since it graduated from the Y Combinator startup accelerator.

Debt, Brex chief executive officer Henrique Dubugras tells TechCrunch, will power the company’s next phase of growth, which includes the launch of a credit card for large enterprises.

“Because we raised so much equity so fast, we put a lot of it to work on the lending; this will allow us to scale way beyond our equity,” Dubugras said, adding that the company has no plans to raise additional equity funding right now: “Especially after this debt raise because now a lot of the capital that was tied up we can get back.”

This year, the company has been putting its boatload of venture capital to work, taking the necessary steps toward maturation. Recently, Brex closed its first notable acquisition, poaching the blockchain startup Elph right out of YC in a deal that closed just one week before Demo Day. The Elph team brings their infrastructure security know-how to Brex, helping the company build its next product, a credit card for Fortune 500 companies.

Brex is backed by Y Combinator Continuity, Ribbit Capital, Greenoaks Capital, DST Global, IVP, Peter Thiel and Max Levchin.

Brex, which recently launched a rewards program tailored to startups needs, doesn’t require startups to provide a personal guarantee or security deposit. The company simplifies corporate expenses by providing companies with a consolidated look at their spending and gives entrepreneurs a credit limit that’s as much as 10 times higher than what they might receive elsewhere.


Source: TechCrunch

Intel acquires UK’s Omnitek to double down on FPGA solutions for video and AI applications

Intel’s strategy to build out its FPGA processor business continues apace. Today the company announced that it was acquiring Omnitek, a company based out of England that has developed FPGA solutions specifically geared to video and AI applications.

Terms of the deal are not being disclosed but from what I understand the price is not material to Intel. Omnitek has been around since 1998 and has raised almost no funding. Intel will be picking up Omnitek’s 40 employees — all based out of Basingstoke, England — along with the rest of Omnitek’s business, which included over 220 FPGA IP cores and accompanying software.

The employees and rest of the Omnitek business will become a part of Intel’s FPGA business, which sits inside its Programmable Solutions Group, formed in large part through Intel’s $16.7 billion acquisition of Altera  in 2015. Integration will be relatively straightforward: Omnitek has worked closely with Altera over the years, Intel VP David Moore told me in an interview.

Intel has dived deeper into the design and production of FPGA chips as the complexity and power demands in computing have increased. Omnitek is a logical addition in that context, as video and other computer vision-based applications — Omnitek’s reach extends into medical devices, defense applications, security, AR and VR, broadcast, professional videoconferencing and more — have continued to grow.

“Omnitek’s technology is a great complement to our FPGA business,” said Dan McNamara, senior VP, GM, Programmable Solutions Group at Intel, in a statement. “Their deep, system-level FPGA expertise and high performance video and vision related technology have made them a trusted partner for many of our most important customers. Together, we will deliver leading FPGA solutions for video, vision, and AI inferencing applications on Intel FPGAs and speed time-to-market for our existing customers while winning new ones.”

While Omnitek’s history and work has primarily been in video (and earlier than that, broadcast), a natural complement to that has been later work in AI inferencing and the computing that is required for applications that rely on this.

“From data centers to devices, compute-intensive applications like 8K video and artificial intelligence require a multitude of innovative compute engines,” said Roger Fawcett, CEO and founder of Omnitek. “FPGA devices play an increasingly critical role, often complementing other processing architectures, and Intel is at the center of this revolution. Omnitek is excited and extremely proud to bring our intellectual property and engineers to join the talented team in the Intel’s Programmable Solutions Group.”

Intel says that the market for silicon is now valued at $300 billion annually, with programmable solutions accounting for $8 billion of that at the moment but projected to grow, with “many of Intel’s cloud service providers, enterprise and embedded customers” all using FPGAs in video and visual related applications. This deal brings more of that business directly to Intel. 

Other acquisitions Intel has made to build its PSG business include eASIC last year.


Source: TechCrunch

How to donate to Notre Dame Cathedral relief efforts – CNET

Charities and philanthropists in France are already working to provide aid to the cathedral’s reconstruction.
Source: CNET

HP’s new Zbook, EliteBook 800 workstations go 4K with 8th-gen Intel CPUs

HP’s new line of workstation laptops includes some seriously durable EliteBook and ZBook designs, with options for high-end, eighth-generation Intel CPUs, 2TB of storage, and discrete AMD Radeon graphics chips.

The post HP’s new Zbook, EliteBook 800 workstations go 4K with 8th-gen Intel CPUs appeared first on Digital Trends.


Source: Digital trends

Nearly two dozen of SiriusXM’s talk shows come to Pandora as podcasts

SiriusXM hasn’t wasted any time in capitalizing on its acquisition of streaming service Pandora. Following an exec shakeup and the launch of a Pandora-powered music station across both services, SiriusXM is today bringing some of its top talk shows to Pandora, where they’ll be listed as “podcasts.”

At launch, content from nearly two dozen SiriusXM shows will make the jump to Pandora, including those hosted by Andy Cohen, Ricky Gervais, Kevin Hart, Hoda Kotb, Jenny McCarthy, Chris “Mad Dog” Russo, Sway and others.

The shows won’t necessarily be offered in their entirety, but instead will bring their top moments and highlights to Pandora listeners.

For example, “Andy Cohen’s Deep & Shallow Interviews,” will feature Cohen’s best conversations of the week; “Jenny McCarthy’s Celebrity Dirt” will have highlights of McCarthy dishing on the latest Hollywood scandals; “The Jason Ellis Show” will play top moments of the week; and “Sway in the Morning” will offer the top long-form segments, among others.

Pandora will also feature the best moments, highlights and key segments from “Trunk Nation,” with Eddie Trunk; “Debatable,” with Mark Goodman and Alan Light; “Feedback,” with Nik Carter and Lori Majewski; “Mad Dog Unleashed,” with Christopher ‘Mad Dog’ Russo; “Schein on Sports,” from Adam Schein; and “Busted Open,” a daily “best of” podcast for pro wrestling fans.

Other full, commercial-free podcasts include those from “The Hoda Show,” “Straight from The Hart with Kevin Hart,” “Ricky Gervais Is Deadly Sirius,” “Larry the Cable Guy Weekly Roundup” and “Joel Osteen.” (A full list of programs is available here.)

“We’re excited that some of our most popular talk shows are now being made available to Pandora users,” said Scott Greenstein, SiriusXM’s president and chief content officer, in a statement. “This will be a great opportunity for new audiences to discover these SiriusXM shows, while providing Pandora with great programming, as we continue to collaborate on content opportunities for both platforms.”

With the expansion to Pandora, these shows will now have the potential to reach a combined user base of more than 100 million audio listeners across both SiriusXM and Pandora, the company says.

The collaboration gives Pandora a competitive edge in the streaming music market, where podcasts are the latest hot commodity. Spotify, in particular, has made podcasts a key focus this year. In the past few months, it has snapped up Gimlet and Anchor in its podcast push, acquired true crime studio Parcast, and allocated $500 million for more deals in this space. The company hopes podcasts — and particularly exclusives — will draw more subscribers. Plus, it sees potential in monetizing these audio programs with its own ads.

Meanwhile, rival streamer Apple Music may be looking to break out Podcasts from iTunes to create a standalone application for Mac users, to better capitalize consumer’s growing interest in this format.

For SiriusXM, bringing its shows to Pandora is a marketing opportunity — those who want to delve in to the full programs can sign up for its subscription service.

The company says more shows will come to Pandora as podcasts in the future.

 


Source: TechCrunch

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