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Today’s Storystream

Dropbox has acquired Reclaim.ai, an AI-driven scheduling tool backed by Index Ventures and Calendly. Founded in 2019, Reclaim.ai helps users optimize time management and integrates with Google Calendar. The entire 22-person Reclaim.ai team will join Dropbox, continuing to enhance the tool under its new ownership. The acquisition aligns with Dropbox’s mission to improve productivity and explore new AI-driven work solutions.

Data center vacancy rates plunged to a record 2.8% in H1 2024, as reported by CBRE. With nearly 80% of 3.87 GW under construction preleased, demand from cloud and AI providers drives this trend. Atlanta led pricing surges, with a 26% hike, while Austin and San Antonio quadrupled construction activity year-over-year, signaling an intensifying competition for power capacity.

PromptArmor has identified a vulnerability in Slack AI where anyone can extract data from private channel. With deliberately misleading prompts, attackers can get Slack AI to reveal valuable information — like API keys — from channels they are not members of. The existence of this defect is causing worries about Slack AI’s security. Especially when it can now pull files from channels and DMs. PromptArmor suggests users should reduce the way this tool handles documents until they’ve laid it to rest.

Kingston Digital has introduced the DC2000B, a high-performance PCIe 4.0 NVMe M.2 SSD, targeting enterprise servers. Designed for internal boot drives in rack-mount servers, it boasts a 112-layer 3D TLC NAND and features hardware-based power loss prevention. With a new aluminum heatsink for better thermal compatibility, the DC2000B ensures high durability and performance, preserving valuable storage bays for data.

Server maker Wiwynn is suing Elon Musk’s X, formerly Twitter, for $61 million. The Taiwanese company alleges that X stopped paying for $120 million worth of server parts after Musk’s acquisition. As X cut cloud bills and closed data centers, Wiwynn seeks compensation for the unpaid components, adding to the legal issues Musk’s company is dealing with.

Cisco is slashing up to 6,000 jobs—7% of its workforce—as it shifts focus to AI, cloud, and cybersecurity. This latest round of layoffs follows the $28 billion Splunk acquisition. CFO Scott Herren emphasizes that the cuts are not about cost-saving but reallocating resources to fuel strategic growth. Cisco’s restructuring signals a bold pivot towards emerging tech, positioning itself for the future.

With the potential spin-off of Amazon Pay into a standalone app, both visibility and usage are likely to increase significantly in India. Currently integrated within the e-commerce app, Amazon Pay may soon operate independently, allowing users to make payments, pay bills, and invest with greater ease. This move aligns with Amazon’s strategy of creating a one-stop shop for everything digital in India’s competitive payment market.

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