Enterprise 2020-04-26T11:50:00Z
Limor Fried Adafruit

Electronics manufacturing company Adafruit has seen a 90% plunge in sales during the coronavirus pandemic, but it's been able to overhaul its operations to build medical supplies for crisis relief

Adafruit, a manufacturing company based in New York City founded by engineer Limor Fried, is building face shields, ventilator support, and more.
BI Prime Enterprise 2020-04-25T12:40:00Z

These four charts show how use of Microsoft Teams, Slack, and Zoom has skyrocketed thanks to the remote work boom

The coronavirus-related rise of remote work has led to dramatically increased demand for apps that enable collaboration and communication.
BI Prime Enterprise 2020-04-25T12:20:00Z
Jai Das, president and managing director of Sapphire Ventures, in a photo from 2018.

The president of Sapphire Ventures gives his 5 recommendations for startups to survive the COVID-19 crisis, especially that 'if you can avoid it, don't fundraise now'

Sapphire Ventures President Jai Das says startups should avoid fundraising during the crisis. If they need to, they shouldn't sell themselves short.
BI Prime Enterprise 2020-04-25T11:55:00Z

The chief evangelist of Amazon Web Services says the coronavirus crisis has 'pushed' the company 'into the future'

Amazon Web Services chief Evangelist Jeff Barr expects the pandemic to have lasting changes on the way the business operates.
BI Prime Enterprise 2020-04-25T11:35:00Z

The CEO of $15 billion Twilio gives his best advice for startups facing a fundraising crunch in a recession: Be frugal, and focus on customers instead of investors

Twilio CEO Jeff Lawson started his cloud communications company during the Great Recession. Here's what other startups can learn from it.
BI Prime Enterprise 2020-04-25T11:25:00Z
BI Prime Enterprise 2020-04-24T20:23:00Z

Domo is in the spotlight for its role in helping Iowa expand COVID-19 testing — even as analysts predict that it's likely to get bought up by a big tech company like Microsoft or Oracle

As the crisis creates M&A opportunities, analysts point to one particularly strong acquisition target: cloud data-analytics provider Domo.
BI Prime Enterprise 2020-04-24T18:56:00Z

Amazon and Microsoft are aggressively expanding their cloud capacity as the pandemic propels the data center market close to surpassing a $15 billion milestone

Researchers believe Amazon and Microsoft collectively have 50 new data centers in the works, at various stages of development.
BI Prime Enterprise 2020-04-24T18:23:00Z

A data leak is just the latest example of the Small Business Administration's struggles with shaky IT, and experts fear the worst could be yet to come

The Small Business Administration is struggling with shaky IT as it oversees the stimulus loan program the federal government is rushing to get out.
BI Prime Enterprise 2020-04-24T17:52:23Z

'Companies that need the money can't get it:' Former Small Business Administration officials say that the disaster loan application process has always been stacked against small businesses

The Small Business Administration is tasked with overseeing hundreds of billions of dollars worth of loans – despite a rocky history.
BI Prime Enterprise 2020-04-24T17:50:00Z

Atlassian's president says switching to the cloud made it a stronger company. Here's the inside story of the massive technological and cultural shift that took over a decade

It took Atlasssian a decade to shift from selling on-premise software to software hosted through AWS. Here's how it made that complex transformation.
BI Prime Enterprise 2020-04-24T17:20:00Z

In a note to customers, Microsoft admitted that it struggled with cloud issues during the coronavirus crisis and vowed to fix them

Microsoft acknowledged capacity issues with its Azure cloud business and said it's taking steps to make sure it can meet surges in demand.
BI Prime Enterprise 2020-04-24T16:33:53Z

Chinese giant Alibaba plans to invest a fresh $28 billion in its cloud and analysts say that though the US market will be tough to crack, Google could face the most pressure

Analysts say Alibaba will likely expand to other parts of Asia and Europe as it takes on rivals like Amazon Web Services, Microsoft, and Google Cloud.
BI Prime Enterprise 2020-04-24T15:58:00Z

Silicon Valley is making a big bet on a buzzy, unproven tuition model that would make student debt obsolete. Here's everything you need to know about ISAs.

Schools like Purdue University and the coding bootcamp Lambda School are using income share agreements. Here's why some experts have concerns.
Tech 2020-04-24T00:33:23Z

IBM is testing an opt-in mobile app to track the location of its employees in India to help curb the spread of COVID-19

IBM's tool will notify employees who came near a coworker reporting symptoms and will only store data for 16 days to protect employees' privacy.
BI Prime Tech 2020-04-24T00:22:34Z

HR startup Zenefits laid off 15% of its employees because of the pandemic

In an internal email, CEO Jay Fulcher said "we've had to re-think, rescope and realign our business plan." Dozens of employees are affected.
Enterprise 2020-04-23T23:52:39Z

Slack delays the reopening of its offices until September, but commits to continuing to pay contractors and hourly workers their regular wages

Slack was originally planning on reopening on June 1st, but a company exec says that extending its remote work period was just the right thing to do.
BI Prime Enterprise 2020-04-23T23:31:13Z

The CEO of Intel says that the 'disruptions' of the pandemic aren't going to change its focus on the lucrative data center business: 'The environment is uncertain, but our priorities are unwavering'

Intel beat Wall Street estimates for the first quarter. But CEO Bob Swan said the "environment is uncertain" as the tech giant posts a weak outlook.
BI Prime Enterprise 2020-04-23T21:27:50Z

Citrix saw a 'pretty crazy' jump in subscription revenue as the remote workforce wave sparked a surge in demand, CEO says

Citrix CEO David Henshall said the cloud giant saw a "pretty crazy" jump in demand for its cloud software due to the remote workforce wave.
BI Prime Tech 2020-04-23T14:00:00Z

Facebook just beefed up its work app Workplace as COVID-19 lockdowns continue, and its chief says it can help companies retain their culture

Hundreds of millions of people are being forced to work from home due to COVID-19. Workplace from Facebook thinks it can help.
BI Prime Tech 2020-04-23T13:02:01Z

We got an exclusive look at the pitch deck that enterprise AI startup Peak used to raise $12 million

"Businesses are calling us to be ready to help them be ready for the end of the downturn."
BI Prime Enterprise 2020-04-23T13:00:00Z

The 27-year-old CEO of Truework explains how it's building a new tool to help companies track which of their employees have been infected with COVID-19

Truework, a ID verification startup, is building a COVID-19 tool to help businesses ideally verify which employees can safely return to work.
BI Prime Tech 2020-04-23T12:00:00Z

A 3-time CFO just raised $1.5 million for her first startup. Here's how she structured the HR-perk-management company to outlast a protracted economic downturn.

Compt founder and CEO Amy Spurling said her funding timeline was about what she imagined when she started the process in January.
BI Prime Enterprise 2020-04-23T12:00:00Z

The CEO of Canonical says the coronavirus pandemic could delay its plans to go public in the next few years, but that the crisis will lead to a new generation of open source startups

Although the coronavirus pandemic slowed Canonical's plans to go public, CEO Mark Shuttleworth says that the crisis presents opportunities too.
Tech 2020-04-23T02:56:00Z

THE CONNECTIVITY B2B ECOSYSTEM: How 5G and next-gen networks are transforming the role telecoms play in enterprise partnerships

Business Insider Intelligence unpacks the enterprise telecommunications ecosystem at the cusp of the 5G era.
BI Prime Enterprise 2020-04-22T20:39:11Z

A leaked internal presentation shows cloud software startup D2iQ, formerly known as Mesosphere, laid off 34 people as it cuts costs amid a projected 40% drop in sales

D2iQ laid off 13% of its employees about two weeks after CEO Mike Fey announced he was stepping down amid a pivot to supporting Kubernetes.
Tech 2020-04-22T14:18:06Z

Cash is nice in a crisis, but Netflix is stockpiling content

This week in Trending, we get a peek at internet companies' resilience in the face of a pandemic, as well as a toothbrush startup's dental dreams.
BI Prime Enterprise 2020-04-22T14:03:57Z

The coronavirus pandemic could 'accelerate' UiPath's plans to go public. Here's why the buzzy automation firm's CEO thinks it 'will have one of the biggest IPOs of 2021.'

"We are closer to becoming profitable now than we were three months ago," CEO Daniel Dines told Business Insider.
BI Prime Tech 2020-04-22T14:00:00Z

Check out the pitch deck that persuaded Insight Partners to back software startup Granulate in a $12 million funding round

CEO Asaf Ezra said it was "surreal" pitching to investors like Insight Partners over Zoom.
BI Prime Tech 2020-04-22T14:00:00Z

The CEO of Israeli software startup Granulate told us how he raised $12 million by pitching to investors over Zoom

The enterprise infrastructure industry could be worth more than $90 billion globally by 2024.
BI Prime Enterprise 2020-04-22T13:30:00Z

These former Cisco star engineers now run a $700 million startup. Their two keys to surviving a recession: be good to suppliers and cut spending elsewhere.

These former Cisco stars say the key to surviving a downturn is something of a paradox: Cut costs, but not with your suppliers.
BI Prime Enterprise 2020-04-22T00:00:19Z

Open source platform Jitsi plans to start offering a major security feature that Zoom, Microsoft, and Google lack: End-to-end encryption for video conferencing. Here's how it plans to take on its rivals

Jitsi, an open source rival to Zoom, Microsoft Teams, and Google Meet, has started its process of building end-to-end encryption features.
BI Prime Tech 2020-04-21T18:04:43Z

Jefferies expects Amazon Web Services to add more new sales in the next two years than Microsoft and Google's cloud businesses combined

The estimates put into perspective the sheer size difference of AWS and its two largest competitors.
BI Prime Enterprise 2020-04-21T17:01:47Z

The 29-year-old founder of Vercel used this pitch deck to raise $21 million from investors like Accel and GitHub's CEO to build faster websites

Guillermo Rauch, who helped build React, has relaunched his startup with a $21 million funding from investors, including Accel.
BI Prime Enterprise 2020-04-21T16:27:00Z

These charts show how quickly workers at Amazon, Apple, Salesforce, and other top tech companies started to worry about their job security as the pandemic arrived

New research from the anonymous social media network Blind shows job concerns among employees at tech companies jumped 33% in a month.
BI Prime Enterprise 2020-04-21T16:21:00Z
BI Prime Tech 2020-04-21T12:00:00Z
BI Prime Enterprise 2020-04-21T00:13:13Z

The new CEO of IBM said it's withdrawing its outlook amid deep uncertainty in the market, but he vowed a new period of growth 'as we emerge from the pandemic'

New IBM CEO Arvind Krishna said there's much uncertainty in the market, but vowed it will emerge from the pandemic as a stronger company.
Enterprise 2020-04-21T00:00:48Z

Jennifer Morgan is stepping down as co-CEO of SAP after just 6 months, with Christian Klein staying on as solo CEO

SAP said the company decided that a dual CEO structure was not ideal for the current market, and Jennifer Morgan will step down.
Enterprise 2020-04-20T21:07:00Z
Enterprise 2020-04-20T16:48:52Z

Judge puts Amazon's lawsuit challenging the Pentagon's $10 billion cloud contract award to Microsoft on hold until August

A federal judge paused Amazon's lawsuit challenging the Pentagon's decision to award a $10 billion Pentagon cloud computing contract to Microsoft.
BI Prime Enterprise 2020-04-19T13:45:00Z

The CEO of Okta had a hair gel emergency while filming the virtual keynote for an online version of his annual tech conference

Todd McKinnon shares the weirdness of putting on a virtual, multi-day tech conference from lockdown with his family at his San Francisco home
BI Prime Tech 2020-04-18T15:20:00Z

These VCs are still open for business, according to a startup founder who is tracking which firms are looking at pitch decks and writing checks

The list currently has over 100 submissions, and includes key elements like whether VC firms are taking new meetings and signing term sheets.
BI Prime Enterprise 2020-04-18T13:50:00Z

These 15 companies could be acquisition targets for Amazon, Microsoft, and Google as the coronavirus crisis ratchets up the cloud wars and crushes tech valuations

The COVID-19 crisis could lead to consolidation phase in the cloud. These 15 companies could be acquisition targets for Amazon, Microsoft and Google.
BI Prime Enterprise 2020-04-18T12:45:00Z

The governor of New Jersey is asking for urgent help with COBOL, a 61-year-old programming language. Here's why it's causing problems with unemployment systems, and why it's so hard to replace.

Earlier this month, New Jersey governor Phil Murphy said he is seeking COBOL programmers as its systems handle more load in the coronavirus crisis.
BI Prime Enterprise 2020-04-18T12:30:00Z

Racist Zoombombers attacked my friends — here's how I tracked the trolls down

Zoombombing is both a fad and a crime, according to the FBI. But who are the culprits? I took screenshots and pieced together the mystery.
BI Prime Enterprise 2020-04-18T11:31:00Z

Zoom's next big challenge: Proving it can live up to its sky-high valuation, which has nearly doubled to $42 billion amid the coronavirus pandemic

Zoom's market cap has soared during the coronavirus crisis, but can it maintain its premium valuation after it ends? Experts weigh in on its prospects
BI Prime Enterprise 2020-04-17T21:28:58Z

Tech CEOs say they plan to scale back on real estate for offices now that they know everyone can work from home, and it's not good news for WeWork

Real estate has always been a major expense for a company with thousands of employees. Two tech CEOs and a VC say they rethinking offices.
BI Prime Tech 2020-04-17T11:01:04Z

We got an exclusive look at the pitch deck AI startup Anodot used to raise $35 million from Intel and SoftBank during the coronavirus crisis

"During every crisis there is uncertainty but we want to come out of this with a more robust team and product."
BI Prime Enterprise 2020-04-16T22:55:16Z

The president of Stripe says the $36 billion payments company raised $600 million in fresh funding so it can keep hiring and growing despite the downturn: 'We want Stripe to be able to keep investing'

Even before the coronavirus crisis, Stripe's business was in good shape. It just raised $600 million to keep hiring and developing its product.
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