(Salesforce Photo) Salesforce, the San Francisco-based cloud company known for its flagship customer relationship management software, has created a new C-suite role: chief availability officer. While individual Salesforce teams will still be accountable for availability, “we felt like this was an important enough role, where we’re needed to be one voice to our customer, one place where all these things came together,” Dieken said, “so that we had a common voice, a common model for our customers to engage with us on.” An incident in May 2019 illustrated the importance of the issue, as a major Salesforce technical glitch kept customers from accessing two of its most widely used services, Sales Cloud and Service Cloud, for the better part of a day. Our business would also be harmed if our customers and potential customers believe our services are unreliable.” The company last year shifted its Marketing Cloud to Microsoft Azure, and it also works closely with Amazon Web Servic
During our hour-long chat, we touched on startup profitability, the global venture capital scene, why GGV doesn’t have an office in Europe, how the venture industry is responding to its stark lack of diversity and other issues. I think the corollary to that is you’ve seen companies that raised a ton of money and were burning a ton of cash and weren’t building very good businesses, a lot of those frankly went under in Q1 or are going under now. They haven’t been able to raise more cash and they’re just kind of dead.” Both Richards and Tung were positive about their own portfolio companies’ recent performance and financial health (cash position, really).
Welcome back to our $100 million annual recurring revenue (ARR) series, in which we take irregular looks at companies that have reached material scale while still private. Before we dive into today’s new companies, keep in mind that we’ve expanded the type of company that can make it into the $100M ARR club to include companies that reach a $100 million annual run rate pace. The Swedish software asset management company has raised a few private rounds, including a $120 million private equity round in 2017.
Payment unicorn Pine Labs, a Mastercard-backed Indian payments startup, is considering to buy out the Asian business of bankrupt Wirecard. Headquartered in Singapore, Wirecard’s Asia business services about 20,000 merchants in India, Singapore, Indonesia, Hong Kong, Australia, and Malaysia markets among others, as per disclosures made by the company to media outlets earlier this year. It claims to process $30 Bn payments per year The post Payments Unicorn Pine Labs Bids for Wirecard’s Asia Business appeared first on Inc42 Media.
Seven years later, the data-breach notification service processes thousands of requests each day from users who check to see if their data was compromised — or pwned with a hard ‘p’ — by the hundreds of data breaches in its database, including some of the largest breaches in history. ‘Mother of all breaches’ Even long before Have I Been Pwned, Hunt was no stranger to data breaches. Hunt obtained a copy of the data and, with a handful of other breaches he had already collected, loaded them into a database searchable by a person’s email address, which Hunt saw as the most common denominator across all the sets of breached data.
He explained that any unauthorized use of the image by Company 1 would constitute an infringement of the copyrights of Company 2 unless the use falls within the parameters of acts not constituting infringement, under section 52. However, the Copyright Act has a provision that provides that if the “defendant’ proves that at the date of the infringement it was not aware and had no reasonable ground for believing that copyright subsisted in the work, the plaintiff shall not be entitled to any remedy other than an injunction in respect of the infringement and a decree for the whole or part of the profits made by the Company 1 by the sale of the “infringing copies” at the discretion of the court,” Nadkarni added. The Recent Cases Of IP Infringement Of course, the MyOperator-Knowlarity case is not the first instance of such copyright disputes among Indian startups.
In BFSI, the blockchain-based solutions are used for trade finance, invoice discounting, supply chain finance, factoring, auction, reverse auction, charge registry, contract lifecycle management, shared KYC and due-diligence, cross-border remittance, data marketplaces, electronic signatures, virtual cards, employee or vendor background verification and onboarding, encrypted communications and distributed data storage, loan origination and lifecycle management, loan syndication, loyalty program management, password-less authentication, peer-to-peer lending & crowdfunding, repository of AML, cross border wire transfer & suspicious transaction reporting, smart asset lifecycle management and stressed assets (NPA) marketplace. In early 2019, ICICI Bank, HDFC bank, Kotak Mahindra Bank, and Axis Bank along with 11 big lenders launched the country’s first blockchain-linked funding for small and medium enterprises (SMEs), an initiative that is set to transform the face of lending to defau
In response to the coronavirus, brands are increasingly shifting their focus towards influencer marketing to strengthen their influencer relationships, humanise their brand and build long-term equity. Marketers are well aware that now is a critical point in time for them to be agile, make necessary tweaks to their digital marketing strategies and use the power of trusted social media influencers for good. Brands are realising that marketing through social media influencers could be particularly a well-suited business model at a time when DIY ad content filmed at home remains a viable option while commercial ad shoots are shut down.
The pandemic hasn’t slowed down dating app S’More — at least according to CEO Adam Cohen-Aslatei, who said that the app’s daily active user count doubled in March and hasn’t gone down since. And now that things are reopening (though some of those reopenings are getting pulled back), users are asking, “How do we transition these virtual relationships into IRL?” Image Credits: S’More To give users more ways to interact, the S’More team recently launched a video calling feature. But Cohen-Aslatei noted, “We had to to create it in a way that was really fitting for our app … Women actually don’t want to see a guy right away, when you don’t know if they’re a creep.” So in S’more’s video calling, the video is blurred for the first two minutes, which means you’ve got to actually start an interesting conversation before you can see who you’re talking to, and before they see you (a concept that may be familiar to viewers of Netflix’s dating show “Love is