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Data Sheet—Monday, August 22, 2016

When I perused Fortune’s latest “Change the World” ranking of companies tackling major societal problems over the weekend, I was dismayed to see how few information technology companies made the list. I wasn’t surprised, however, by the inclusion of cloud software giant Salesforce. Philanthropy was baked into Salesforce’s business model when it was founded 17 …

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Amazon Alexa Fund Invests In Smart Thermostat Company ecobee

Ecobee, the maker of a smart thermostat, has completed a $35 million round of funding, which included an investment from Amazon’s Alexa Fund. Amazon’s Alexa Fund is joining with Thomvest and Relay Ventures to invest in the startup that has become the first smart thermostat to sync with Amazon’s personal assistant, Alexa. “These investments enable …

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​Among enterprise tech giants, pragmatic innovation takes over

Intel’s ARM partnership would have been unthinkable a few years ago. Intel’s developer powwow last week featured a bevy of moves that were summed up with a simple word “pragmatism.” And that approach is increasingly being seen among enterprise technology giants and ultimately this pragmatic innovation approach is likely to be good for customers. First, …

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