Application Platform News
Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.
Exclusive: Tencent-backed WeDoctor invites banks to lead $1 billion Hong Kong IPO, sources say
WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, t...
Online voting at AGMs in demand as coronavirus spreads
Online voting at annual shareholder meetings has jumped since the coronavirus outbreak as investors shun large gatherings because of travel restrictions or fear of infection, Swiss...
Strong subscription growth drives Slack’s earnings beat; shares rise
Reuters – Slack Technologies Inc beat Wall Street estimates for quarterly revenue and profit as it signed on larger companies to its workplace communication platform, sending...
Salesforce beats analysts estimates
Salesforce.com Inc has beaten Wall Street analysts estimates for quarterly revenue as more companies opted for its SaaS CRM platform. Total revenue for the San Francisco-based comp...
Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip
Reuters – Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.
Microsoft updates terms on data privacy amid EU probe
BRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European...
China seeks to leverage the platform economy
The Chinese government is to take a series of measures to support the ongoing development of businesses operating within the platform economy.