2020–02–01 | Week At Work
| Rometty Leaves IBM | Aquant’s ‘Tribal Knowledge’ | Slack Ruined Work | Google’s New Mobile App |
IBM CEO Ginni Rometty is stepping down, Arvind Krishna to take over | IBM shares surged up 5% from the news that CEO Ginni Rometty was leaving after assuming the helm in 2012, and fumbling nearly everything she touched. She basically missed cloud computing, shut down the company’s historic efforts in collaboration, and watched the stock dwindle. Jordan Novet points out
During her tenure as CEO IBM’s stock has fallen about 26%, while the S&P 500 has grown 160%.
And it required major stock buybacks to keep the collapse from being much worse.
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Aquant Raises $30M So Customer Service Can Tackle Complex Problems Like Never Before | Alleywatch reports:
Aquant raised a $30M Series B round, led by Insight Partners with participation from existing investors including Lightspeed Venture Partners, Angular Ventures, and Silvertech Ventures. Aquant’s service intelligence platform helps leading manufacturing companies and other large enterprises empower their service teams with tribal knowledge, so they can provide better customer service. The AI technology captures the knowledge of top performers by unlocking insights…
