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Here’s what employers are cutting instead of your job

Vox

Companies are cutting back on real estate ahead of a potential recession. Many more are taking a much harder look at their software licenses than they did earlier in the pandemic — even as they potentially allow more people to work from home. Getty Images. You may get to keep your job, but you might lose your Zoom and your desk.

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CIOs take aim at SaaS sprawl

CIO Business Intelligence

Salesforce, Workday, Atlassian, Oracle, Microsoft, GitHub, and ServiceNow are but a few of the many vendors whose cloud applications make up the new tech backbone for most enterprises today, in conjunction with customized in-house apps and niche offerings across public clouds. “It But even so, it seems no enterprise is free of this burden.

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Tech Moves: Highspot adds executives; Blue Origin vets depart; Disney hires former Microsoft exec

GeekWire

Enterprise sales startup Highspot appointed four new executives: Arvind Prakash as VP of product management. Most recently VP of product management at real estate company Compass, Prakash was previously an executive at Expedia-owned Egencia. From left, clockwise: Arvind Prakash, John Zhang, Kelly Lewis and Julie Valenti.

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Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

A recent example was San Francisco-based homebuying company Opendoor Technologies, which went public via SPAC on Monday as a potential bellwether for Porch’s debut as another company in the real estate sector. Opendoor’s shares jumped 6% on its first day of trading before falling in recent days. Roller-coaster year.

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Porch Group makes unusual promise in latest acquisition — guaranteeing its stock will double

GeekWire

Big deals have become almost run-of-the-mill for Seattle-based home services tech company Porch Group , which has been acquiring an array of companies in areas such as home inspections, moving, real estate, and insurance. But one aspect of its latest deal is anything but ordinary.

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Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Porch provides enterprise resource planning (ERP) and customer-relationship management (CRM) software to home services companies. HOA operates as a home insurer in six states and is licensed to operate in another 24 states, expanding Porch’s national footprint in the insurance sector.

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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Those companies can pay traditional licensing fees or provide Porch with access to their customers. on Tuesday morning, its biggest deal since going public at the end of 2020.