The agents will continue until revenue improves
Today: Salesforce continues its agentic AI push, Databricks secures one of the biggest funding rounds in tech history, and the rest of this week's enterprise funding.
Today: the latest example of why businesses don't trust Google's business services, Progress Software discloses a new vulnerability in MOVEit, and the quote of the week.
Welcome to Runtime! Today: the latest example of why businesses don't trust Google's business services, Progress Software discloses a new vulnerability in MOVEit, and the quote of the week.
The process of registering and selling website domain names is not the sexiest business in tech. But the right domain name is the foundation for any business that wants to exist in the 21st century, and this week Google once again made enterprise tech wonder why they should build anything around its services.
In what Andrew Allemann, the dean of domains, called "a surprise," Google sold its Google Domains business to Squarespace Thursday for $180 million. It's just the most recent example of the "Killed By Google" mentality that has plagued the cloud company for years, where it suddenly pulls the plug on a business service that customers relied upon.
Squarespace, which appears to exist primarily as a cash machine for the podcast industry, is also a domain registrar but charges far more than Google for the privilege.
It has been very obvious for a very long time that there are lots of people in upper management roles at Google who simply don't understand that businesses who pay to use tech services have different expectations than regular people who type things into a search box.
Google Domains was probably not a huge business for the company, but it was a symbolic one, a business that people who are serious about building businesses on the internet feel very strongly about.
Otherwise, from now on this has to be the first question posed by anyone talking to Google about building a business around its technology:
At this rate the Clop ransomware hacking story is going to become a regular Runtime feature.
On Friday, the state of Oregon confirmed that the Clop folks most likely stole my driver's license info last week, and Progress Software discovered a new vulnerability in its MOVEit file-transfer software. At this point the company is literally advising customers to disconnect the software from the internet, and maybe we all should disconnect from the internet until we get a handle on what's going on.
Progress describes MOVEit as providing "secure collaboration and automated file transfers of sensitive data and advanced workflow automation capabilities without the need for scripting," and that copy will probably need to be updated. While it's still not clear how much data has actually been stolen, the hackers likely had access to secure government and corporate data transfers for months, if not longer, and the list of victims is likely to grow.
Please freeze your credit.
"If this is the last invention of humankind, then all bets are off." — Microsoft CEO Satya Nadella, talking to Wired about generative AI and the prospect of "superintelligence" and taking it to a freaky place.
I completely missed that Stack Overflow stopped asking respondents to its developer survey for gender and race information, and kudos to Wired for pointing out that's likely because the numbers would have been extremely one-sided.
Elementl CEO Pete Hunt laid out the company's "master plan" for improving its data-orchestration platform, a month after raising $33 million in new funding.
Thanks for reading — see you Tuesday!
Correction: An earlier version of this newsletter misspelled the last name of Domain Name Wire's Andrew Allemann.