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!

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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

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? 
13:54 - Salesforce buying Slack would mark the first big software deal in a boom year for the cloud 
19:28 - Tudor, the Virtual Accounting Robot, launched by Connections
https://business-review.eu/tech/tudor-the-virtual-accounting-robot-launched-by-connections-215189

31:52 - Pandemic Speeds Americans’ Embrace of Digital Commerce
Credit Karma To Divest Tax Unit In Merger 
38:22 - Square and Xero: Enhanced integration and point-of-sale features for UK
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

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

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/

48:48 - Surge in interest temporarily overwhelms .cpa platform
https://www.accountingtoday.com/news/surge-in-interest-temporarily-overwhelms-cpa-platform

50:34 - A message from CAP Listener Sarah Seagraves. Thank you! 

54:50 - Chris Macksey's "guide to making a dope cheeseboard to impress your friends... For accountants #taxtwitter"
https://twitter.com/CMacksey/status/1331758688411979778

 
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