Cnbc Slack

 



  • The Slack messaging platform was down on Monday but service started to return about three hours later.
  • The video and chat platform helps remote workers stay in touch and has been particularly important during the Covid pandemic.
  • Outages can hit a company's earnings reports.

Katie Kramer CNBC The U.S. Justice Department’s Antitrust Division has asked Salesforce and Slack for more information ahead of Salesforce’s plan to buy the smaller software company for $27. Jim Cramer spoke with the CEO of a private company that brings together all communication needs to one place.» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC. Slack is much smaller than Salesforce — whose revenues Benioff aims to more than double to $50 billion, according to CNBC. Slack is projected to grow 39% to $876.3 million in the fiscal year ending.

© Provided by CNBC Slack signage on a laptop computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020.

A Slack outage Monday, the first workday of 2021, caused disruptions for remote workers who rely on the platform to message and video chat with colleagues.

Millions of people use Slack, and the service has been especially important during the Covid pandemic.

The outage began around 10 a.m. ET, but service started to resume about three hours later.

Cnbc

Slack shares were down nearly 1% in afternoon trading.

Cnbc

Cnbc Slack Amazon

In September 2019, Slack's stock fell 14% after the quarterly earnings report revealed that it took an $8.2 million hit to revenues because of credits to customers after service-level disruptions. Credits help companies cover future bills.

Salesforce announced on Dec. 1 it is buying Slack for over $27 billion.

During the outage, Slack's status dashboard said there were problems with Messaging and Connections but did not say what caused the issues or when chat should return to normal.

In an update on the outage at 1 p.m. ET, Slack said: 'Some customers may be able to connect, but may also experience degraded performance. We're continuing to work to resolve the issue.'

As of late March, Slack said the company's app had 12.5 million simultaneously connected users.

Cnbc Slack Salesforce

Slack CEO Stewart Butterfield on Salesforce deal: 'We have a lot of momentum now'

Cnbc Slack Ceo

identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern the Company’s expectations, strategy, plans, or intentions. You should not rely upon forward-looking statements as predictions of future events. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in the section titled “Risk Factors” and elsewhere in the preliminary prospectus contained within the Registration Statement. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required to do so by law. Please refer to the section of the preliminary prospectus contained within the Registration Statement titled “Special Note Regarding Forward-Looking Statements” for more information.