WORK News and Press, Slack Technologies Inc. Class A From 03/29/21

InvestorPlace - Stock Market News, Stock Advice & Trading Tips On Wednesday, March 24, Microsoft (NASDAQ: MSFT ) sent market commentators into a frenzy with a potential $10 billion acquisition of video game chat platform Discord . On the surface, many called it a social play...

Slack (WORK) CEO Stewart Butterfield says a feature to leave audio messages is currently in beta testing, and the service will soon launch a Clubhouse-esque feature that allows users to drop into rooms for audio chats without scheduling a meeting or launching a call.Butterfield's comments cam...

Is "Work-From-Home" the new normal? A year into the pandemic, office utilization in major U.S. cities remains a fraction of pre-pandemic levels with coastal cities facing a particularly slow recovery. The "reopening rotation" has boosted many of the urban office REITs to double-digit ...

Less than a day after launching a new direct message feature, Slack (WORK) has changed the new Slack Connect offering that sparked harassment and abuse concerns.Slack Connect launched with the ability to DM other people within a user's channel. But Slack then opened up the ability to sen...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Stuck in SuezTugs and diggers have so far failed to dislodge the Ever Given, a massive container ship stuck in the Suez Canal after losing the ability to s...

For some working in essential services or consumer facing businesses, the return to work happened long ago, but for many in those industries, hardship remains. Other parts of the economy are meanwhile debating when to return to the office, which could in turn help out other sectors like resta...

Slack Technologies (WORK) CEO Stewart Butterfield doesn't expect that the U.S. Dept. of Justice will have any problems with Salesforce's (CRM) planned acquisition of the company.Butterfield's comments come after the company and Salesforce received a "second request" from the antitrust regulat...

Starting today, Slack (WORK) Connect paid users can send direct messages to anyone outside their organization who is also using the DM service, though administrative approval might be required.A user can simply send an invite to any partner and start messaging once the other side accepts...

The Slack/Salesforce merger arbitrage is at an attractive spread. Slack shares probably don't decline to the pre-deal price if the deal breaks. Salesforce seems confident about revenue synergies, which is a potential positive for post deal stock price performance. For furthe...

Merger activity decreased last week with four new deals announced. Coherent and Aegion receive rival bids. Athene Holding to merge with Apollo Global Management. For further details see: Merger Arbitrage Mondays - Bidding Wars And Revised Agreements