EPISODE · Dec 2, 2020 · 57 MIN
Credit Karma Exits Tax Prep, Square Enters
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsSynder: https://cloudaccountingpodcast.promo/synderClockShark: https://cloudaccountingpodcast.promo/clocksharkOnPay: https://cloudaccountingpodcast.promo/onpayShow Notes03:30 - Amazon cloud-computing outage Wednesday triggered by effort to boost system’s capacity https://www.inquirer.com/business/technology/amazon-web-services-failure-added-capacity-20201128.htmlAWS Outage Interrupts Service for Spotify, Square And Others https://www.pymnts.com/amazon/2020/aws-outage-interrupts-web-service-for-spotify-square-and-others/People Can't Vacuum Or Use Their Doorbell Because Amazon's Cloud Servers Are Down - Eminetra Australiahttps://eminetra.com.au/people-cant-vacuum-or-use-their-doorbell-because-amazons-cloud-servers-are-down/74505/06:30 - Will Zoom Apps be the next hot startup platform?https://techcrunch.com/2020/11/18/will-zoom-apps-be-the-next-hot-startup-platform/08:44 - Salesforce in Acquisition Talks with Slack – Good News or not? https://customerthink.com/salesforce-in-acquistion-talks-with-slack-good-news-or-not/13:54 - Salesforce buying Slack would mark the first big software deal in a boom year for the cloud https://www.cnbc.com/2020/11/28/salesforce-slack-would-be-first-big-deal-in-boom-year-for-software.html14:05 - Expensify Surpasses $100 Million in Annual Recurring Revenuehttps://www.businesswire.com/news/home/20201123005455/en/Expensify-Surpasses-100-Million-in-Annual-Recurring-Revenue19:28 - Tudor, the Virtual Accounting Robot, launched by Connectionshttps://business-review.eu/tech/tudor-the-virtual-accounting-robot-launched-by-connections-21518927:22 - Pentagon fails audit yet again, could pass around 2027, comptroller sayshttps://uk.reuters.com/article/us-usa-pentagon-auditor/pentagon-fails-audit-yet-again-could-pass-around-2027-comptroller-says-idUSKBN27X03P29:45 - Some in Scottsdale will get deliveries from Walmart in autonomous Cruise vehicleshttps://www.azcentral.com/story/money/business/consumers/2020/11/10/walmart-use-cruise-vehicles-autonomous-deliveries-scottsdale/3761006001/31:52 - Pandemic Speeds Americans’ Embrace of Digital Commercehttps://www.wsj.com/articles/pandemic-speeds-americans-embrace-of-digital-commerce-1160543620034:07 - FinTech Stripe Eyes Funding Round, $100B Valuationhttps://www.pymnts.com/news/investment-tracker/2020/fintech-stripe-eyes-funding-round-that-could-put-valuation-at-100b/34:46 - Second Share Purchase Values Toast POS At $8Bhttps://www.pymnts.com/restaurant-technology/2020/second-share-purchase-deal-values-pos-startup-toast-at-8b/35:58 - TurboTax maker Intuit wins U.S. antitrust nod for Credit Karmahttps://bankinnovation.net/allposts/focus/comp-reg/turbotax-maker-intuit-wins-u-s-antitrust-nod-for-credit-karma/Credit Karma To Divest Tax Unit In Merger https://www.pymnts.com/news/partnerships-acquisitions/2020/credit-karma-to-divest-tax-unit-to-square-in-7-1b-merger-with-intuit/38:22 - Square and Xero: Enhanced integration and point-of-sale features for UKhttps://www.xero.com/blog/2020/11/square-xero-enhanced-integration-uk/39:05 - Xero's cash mountain suggests a major deal is on the horizonhttps://www.afr.com/technology/xero-s-cash-mountain-suggests-a-major-deal-is-on-the-horizon-20201125-p56hrn39:56 - Crunch Free is a new online accounting platform aimed at the self-employedhttps://www.techradar.com/uk/news/crunch-free-is-a-new-online-accounting-platform-aimed-at-the-self-employed41:21 - Latest product news – December 2020https://www.xero.com/blog/2020/11/latest-product-news-december-2020/41:52 - New: Easily Manage Your Bills With Accounts Payablehttps://www.freshbooks.com/blog/accounts-payable42:30 - FreshBooks Ramps Up Its Focus on the UK Small Business Market, Announcing a Partnership with Barclays, and Launching a Suite of New Features https://www.globenewswire.com/news-release/2020/11/25/2133461/0/en/FreshBooks-Ramps-Up-Its-Focus-on-the-UK-Small-Business-Market-Announcing-a-Partnership-with-Barclays-and-Launching-a-Suite-of-New-Features.html42:53 - Biden confirms he wants Janet Yellen to be his Treasury secretary — what that means for cash-strapped American familieshttps://www.marketwatch.com/story/janet-yellen-is-poised-to-become-treasury-secretary-in-a-biden-cabinet-what-that-means-for-cash-strapped-american-families-2020-11-2443:17 - Virtual HQs race to win over a remote-work-fatigued market
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What this episode covers
If you survived Black Friday and Cyber Monday, you can relax and enjoy the soothing sounds of Cloud Accounting news while you recover! There's a lot to cover, including Salesforce's potential Slack acquisition, how virtual HQs are racing to win over a remote work fatigued market, and what happens now that Intuit has won U.S. approval for purchase of Credit Karma. We'll also examine Expensify's $100 million in annual recurring revenue, a wealth of FreshBooks news, and ponder all the possibilities for spending Xero's mountain of cash. In other news, AWS went down in the midst of trying to upgrade capacity, Scottsdalians are among the first to get autonomously delivered stuff from Walmart, and how COVID has increased the urge to shop digitally. All this and more, right here, right now!
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Credit Karma Exits Tax Prep, Square Enters
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