The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.
Salesforce CEO Marc Benioff's bid for Slack — which is valued at $17 billion and would be his biggest acquisition yet — heats up his longtime rivalry with Microsoft, The Wall Street Journal's Aaron Tilley writes.
The state of play: Microsoft, which once tried to acquire Slack (and Salesforce), in 2016 launched its own workplace collaboration tool, Teams.
The U.K. government said on Friday that it will establish next year a Digital Markets Unit, which will enforce forthcoming "pro-competition" regulations aimed at curbing some of the digital platforms like Google and Facebook.
Why it matters: This is the latest move by a government to respond to growing objections to the size and power these companies have amassed.
