Software

Freshworks to cut 11% jobs as AI reshapes software industry

The restructuring will affect departments globally, the company says

Do not build portfolios as though the future belongs only to asset-light digital champions or only to heavy industrial incumbents, says the writer.
CIO CORNER

Compute vs concrete: For investors, not a binary choice

There will be winners on both sides, as software capability leans more heavily on physical assets

Aminul Islam has denied that he’s contributed to migrant workers being charged high recruitment fees and said he has devoted his life to helping them.

Malaysia plans to use tycoon Aminul Islam’s new migrant worker system

Bestinet already operates a software system called the Foreign Workers Centralised Management System, or FWCMS

One of the most important distinctions for credit investors lies between software that is deeply embedded in mission-critical operations and products that perform more standardised tasks with limited differentiation.

Private credit investing in the age of AI

Objective is not to forecast technological winners, but to understand how innovation interacts with leverage, capital structure and cash-flow durability

Software isn’t just a static pile of logic; it’s a living organism.
THE BOTTOM LINE

Will AI eat SaaS for lunch?

Citrini’s doomsday thesis assumes a frictionless world. But the real world is not

Salesforce's main AI product, Agentforce, has grown from zero to US$800 million in annual recurring revenue in 15 months, with more than 29,000 deals closed.
A SMART LOOK AT INVESTING

‘SaaS-pocalypse’ revisited: Three fears answered

Such software companies are not out of the woods, but the ones that thrive are those that fix customer pain points

“We are looking at assets that can help us expand our platform, to be more ‘sticky’,” says Dr Jiang Tianyi, chief executive officer of AvePoint.

AvePoint eyes US$100 million in acquisitions to fast-track US$1 billion revenue target

The data protection firm is also considering more stock buybacks and expanding its headcount

The maker of Photoshop and other products for creative arts professionals is among a group of application software companies seen as struggling to win new customers in the face of AI upstarts.

Adobe CEO to step down in face of investor concerns over AI

Shantanu Narayen will remain in the position until a successor has been appointed

The cuts, which amount to about 10% of the company’s workforce, are about adapting to the AI era, Cannon-Brookes says.

Atlassian CEO cites AI shift when announcing plan to shed 1,600 jobs

The company expects to incur about US$230 million in expenses such as severance costs due to the cuts

Taiwan, Japan and South Korea dominate critical segments of semiconductor manufacturing, advantages that rest not on software alone, but on decades of accumulated engineering expertise.

Economic power is returning to the physical realm

Why hardware, not software, is eating the world