Slack preps for IPO, Google’s quarterly report, false information threats| TECH(feed)


HEY EVERYONE, WELCOME BACK TO TECH FEED. I’M JULIET BEAUCHAMP AND TODAY’S WE’RE
TALKING SECURITY AND TECH COMPANY EARNINGS. STICK AROUND. AS ANTICIPATED, SLACK IS THE LATEST TECH START-UP
GOING PUBLIC AFTER FILING EARLIER THIS WEEK. THE COMPANY WILL GO PUBLIC IN A DIRECT LISTING,
WHICH WILL ALLOW SHAREHOLDERS TO SELL THEIR STOCK AS SOON AS SLACK GOES PUBLIC. IT ALSO MEANS SLACK WILL TRADE WITHOUT RAISING
MONEY BEFOREHAND. AS WE REPORTED LAST WEEK, SLACK HAS DOUBLED
ITS REVENUE IN THE PAST YEAR AND COLLABORATION SOFTWARE SPENDING IS ONLY EXPECTED TO RISE
AS DEMAND INCREASES. AND IT’S ANOTHER DAY, ANOTHER TECH GIANT
QUARTERLY REPORT. OR AT LEAST THAT’S WHAT IT SEEMS LIKE. GOOGLE’S PARENT COMPANY, ALPHABET, REPORTED
THIRTY-NINE POINT TWENTY-SEVEN BILLION DOLLARS IN REVENUE LAST QUARTER, A TWENTY-TWO PERCENT
GROWTH. AD REVENUE ACROSS PROPERTIES SUCH AS SEARCH
AND YOUTUBE ACCOUNTED FOR AROUND TWENTY-SEVEN BILLION DOLLARS ALONE. AND PEOPLE ARE CLICKING ON THOSE ADS–ALPHABET
REPORTED A SIXTY-SIX PERCENT INCREASE IN AD CLICKS. HOWEVER, COSTS AT ALPHABET CONTINUE TO RISE
AS THE COMPANY INVESTS IN YOUTUBE CONTENT, PLANS TO EXPAND DATA CENTERS AND CONTINUES
TO PAY SMARTPHONE MANUFACTURERS BILLIONS TO ENSURE GOOGLE IS THE DEFAULT SEARCH ENGINE. SECURITY IS A TOP CONCERN FOR DATA MANAGEMENT
PROFESSIONALS ACCORDING TO A RECENT REPORT. A FOUR FIVE ONE RESEARCH SURVEY REVEALED THAT
TWO-THIRDS OF ITS RESPONDENTS SAID SECURITY IS THEIR NUMBER ONE CHALLENGE WHEN IT COMES
TO MANAGING THEIR COMPANY’S DATA. FAILURE TO PROPERLY CONFIGURE DATABASES CAN
RESULT IN A BREACH, WHICH IN TURN MAY CAUSE FINANCIAL OR REPUTATIONAL DAMAGE. ONE HUNDRED FIFTY REPRESENTATIVES FROM VARIOUS
INDUSTRIES WHO UNDERSTAND HOW THEIR ORGANIZATIONS HANDLE DATA PARTOOK IN THE SURVEY. AND DATA PROFESSIONALS AREN’T THE ONLY PEOPLE
WITH SECURITY ON THE MIND …. THE BULLETIN OF ATOMIC SCIENTISTS WARNS OF INSECURE IoT
DEVICES AND INFRASTRUCTURE AS A THREAT TO HUMANITY. WE DON’T WANT TO SCARE YOU THOUGH–WHILE
ABUSE OF A NATION’S IoT INFRASTRUCTURE IS A CONCERN, AN ATTACK ON SOMETHING LIKE AN
ENERGY GRID WOULD BE NEARLY IMPOSSIBLE. WHAT WORRIES THE BULLETIN OF ATOMIC SCIENTISTS
MORE IS INFORMATION WARFARE THAT UNDERMINES PUBLIC TRUST. THE BULLETIN SAYS QUOTE “CYBER-ENABLED INFORMATION
WARFARE IS A THREAT TO THE COMMON GOOD.” THE BULLETIN OF ATOMIC SCIENTISTS IS THE ORGANIZATION
BEHIND THE DOOMSDAY CLOCK, WHICH HAS SERVED TO REMIND PEOPLE OF THE THREAT OF TECHNOLOGY
SINCE THE COLD WAR. THANKS FOR WATCHING TODAY’S EPISODE OF TECH
FEED. MAKE SURE TO LIKE THIS VIDEO AND SUBSCRIBE
TO OUR CHANNEL THE TOP TECH NEWS OF THE DAY. SEE YOU NEXT TIME.

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