Credit Karma Exits Tax Prep, Square Enters
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!
Sponsors
- Synder: https://cloudaccountingpodcast.promo/synder
- ClockShark: https://cloudaccountingpodcast.promo/clockshark
- OnPay: https://cloudaccountingpodcast.promo/onpay
Show Notes
03:30 - 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.html
AWS Outage Interrupts Service for Spotify, Square And Others
https://www.pymnts.com/amazon/2020/aws-outage-interrupts-web-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/
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?
13:54 - Salesforce buying Slack would mark the first big software deal in a boom year for the cloud
14:05 - Expensify Surpasses $100 Million in Annual Recurring Revenue
https://www.businesswire.com/news/home/20201123005455/en/Expensify-Surpasses-100-Million-in-Annual-Recurring-Revenue
https://www.businesswire.com/news/home/20201123005455/en/Expensify-Surpasses-100-Million-in-Annual-Recurring-Revenue
19:28 - Tudor, the Virtual Accounting Robot, launched by Connections
https://business-review.eu/tech/tudor-the-virtual-accounting-robot-launched-by-connections-215189
https://business-review.eu/tech/tudor-the-virtual-accounting-robot-launched-by-connections-215189
27:22 - Pentagon fails audit yet again, could pass around 2027, comptroller says
https://uk.reuters.com/article/us-usa-pentagon-auditor/pentagon-fails-audit-yet-again-could-pass-around-2027-comptroller-says-idUSKBN27X03P
https://uk.reuters.com/article/us-usa-pentagon-auditor/pentagon-fails-audit-yet-again-could-pass-around-2027-comptroller-says-idUSKBN27X03P
29:45 - Some in Scottsdale will get deliveries from Walmart in autonomous Cruise vehicles
https://www.azcentral.com/story/money/business/consumers/2020/11/10/walmart-use-cruise-vehicles-autonomous-deliveries-scottsdale/3761006001/
https://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 Commerce
34:07 - FinTech Stripe Eyes Funding Round, $100B Valuation
https://www.pymnts.com/news/investment-tracker/2020/fintech-stripe-eyes-funding-round-that-could-put-valuation-at-100b/
https://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 $8B
https://www.pymnts.com/restaurant-technology/2020/second-share-purchase-deal-values-pos-startup-toast-at-8b/
https://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 Karma
https://bankinnovation.net/allposts/focus/comp-reg/turbotax-maker-intuit-wins-u-s-antitrust-nod-for-credit-karma/
https://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
38:22 - Square and Xero: Enhanced integration and point-of-sale features for UK
39:05 - Xero's cash mountain suggests a major deal is on the horizon
https://www.afr.com/technology/xero-s-cash-mountain-suggests-a-major-deal-is-on-the-horizon-20201125-p56hrn
https://www.afr.com/technology/xero-s-cash-mountain-suggests-a-major-deal-is-on-the-horizon-20201125-p56hrn
39:56 - Crunch Free is a new online accounting platform aimed at the self-employed
41:21 - Latest product news – December 2020
41:52 - New: Easily Manage Your Bills With Accounts Payable
https://www.freshbooks.com/blog/accounts-payable
https://www.freshbooks.com/blog/accounts-payable
42:30 - 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.html
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.html
42:53 - Biden confirms he wants Janet Yellen to be his Treasury secretary — what that means for cash-strapped American families
43:17 - Virtual HQs race to win over a remote-work-fatigued market
https://techcrunch.com/2020/11/18/virtual-hqs-race-to-win-over-a-remote-work-fatigued-market/
https://techcrunch.com/2020/11/18/virtual-hqs-race-to-win-over-a-remote-work-fatigued-market/
48:48 - Surge in interest temporarily overwhelms .cpa platform
https://www.accountingtoday.com/news/surge-in-interest-temporarily-overwhelms-cpa-platform
https://www.accountingtoday.com/news/surge-in-interest-temporarily-overwhelms-cpa-platform
54:50 - Chris Macksey's "guide to making a dope cheeseboard to impress your friends... For accountants #taxtwitter"
https://twitter.com/CMacksey/status/1331758688411979778
https://twitter.com/CMacksey/status/1331758688411979778
Get in Touch
Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040
Need Accounting Conference Info?
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
- Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
- Podchaser: http://cloudacctpod.link/podchaser
- Spotify: http://cloudacctpod.link/Spotify
- Google Play: http://cloudacctpod.link/GooglePlay
- Stitcher: http://cloudacctpod.link/Stitcher
- Overcast: http://cloudacctpod.link/Overcast
Classifieds
- BaCo Tech: https://www.bacotech.com/
- ClientHub: https://clienthub.app
Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info and be sure to check out our special stimulus pricing of four episodes for just $100.
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
