ENTBusinessNews

HipChat Maker Atlassian Calls It Quits, Sells to Rival Slack

The saying “If you can’t beat them, join them” certainly holds true for Atlassian and Slack. The former is selling its rights to HipChat and Stride to rival Slack and will even making a small investment in the company. The surprising news was announced recently by Slack CEO Stewart Butterfield. Aside from tweeting his company’s […]

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eBay’s Stock Takes Massive Tumble, Company Axes 300 Employees

This is not a good week for eBay. The company’s stocks took a massive tumble a day after revealing that it was slashing about 300 jobs in the Bay Area. eBay informed the Employment Development Department of California of its move to cut about 300 jobs in the area by Friday, July 20. The affected

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Amazon Sets Sales Record on Prime Day 2018, Reports 100 Million Products Sold

Amazon has concluded its record-setting online shopping event this year. Called Prime Day, the 36-hour shopping period that ran from July 16 to July 17 was said to have surpassed Cyber Monday, Black Friday, and last year’s event. In a recent press release highlighting its success, the company didn’t disclose sales growth or exact figures but reported

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Walmart Joins Forces With Microsoft to Fend Off Amazon

In its bid to overtake its largest rival, Walmart announced a strategic partnership with Microsoft on Tuesday. According to the biggest US retailer, the company inked a five-year deal with the tech giant to speed up its digital transformation for a faster shopping experience online. Walmart will be utilizing an array of Microsoft’s cloud solutions

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Businesses Struggle to Fill Open Positions as US Workers Quit Their Jobs in Record Numbers

According to the latest statistics from the Bureau of Labor, a large number of US workers have been quitting their jobs recently. In May, US workers said goodbye to their jobs in record numbers. The statistics showed that 2.4 percent of employees left their companies that month, a higher number than the previous high reached in April

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States Can Now Collect Sales Tax From eCommerce Businesses, Supreme Court Gives Go-Ahead

Online shoppers will soon be shelling out more money for their purchases now that the US Supreme Court ruled that states can demand e-businesses collect sales taxes. The case, which will have a profound effect on the consumer economy, saw the country’s Supreme Court justices voting 5 to 4 that states have the right to

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Brex Raises $57 Million to Launch New Credit Card for Startups

American fintech company Brex has just launched a new corporate credit card designed specifically to assist startups. The news of this unique credit card also comes on the heels of Brex’s recently concluded Series B funding round. The company was able to raise $57 million courtesy of investors like PayPal co-founders Max Levchin and Peter

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Microsoft is Making Office 365 Better, Here’s What to Expect

Microsoft revealed last week that major updates are headed to Microsoft Office. These changes are for Office 365 and Office.com users and are expected to start rolling out beginning this month and will continue throughout the year. People can expect to see changes like a simplified command ribbon, new colors and icons, and enhanced search

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Microsoft Ventures Into Checkout-Free Retail, Takes on Amazon

Microsoft is reportedly taking on Amazon, as the company ventures into retail territory. The company is said to be looking into checkout-free shopping, an innovation that Amazon has pioneered. Reuters reported that at least six people have talked to them about Microsoft developing technology that will give retail companies the option to have cashier and checkout-free

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Walmart May Bring Customer Service Drones to Its Stores Soon, Retailer Files Patents

Walmart has always been known to push boundaries. The company is continuing this innovative culture with its recent filing of patents for keeping track of inventory, a store drone and other technologies aimed at changing how customers shops. Walmart is no stranger to filing patents. The company has reportedly filed 1,400 patents since 2009, all

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