Slack Says It’s Investigating Service Disruptions

Messaging and collaboration service Slack Technologies  (WORK) – Get Report has suffered a service disruption Monday due to technical issues.

“Some users may be experiencing slowness with Slack in the desktop, browser and mobile at this time,” the company posted on its web site at 10:05 am ET. “The issue is impacting sending messages and troubles with API [application program interface] calls. Our team is looking into it and we will follow up with more updates in 30 minutes.”

In the latest update, time-stamped 1:06 pm ET, the company said: “The investigation is still ongoing, but the scope has stayed the same. We’ll update you again in a half hour.”

The outage hasn’t hurt Slack shares. They recently traded at $28.17, up 1.35%, and have climbed 25% year to date. The company has benefited from the heavy technology needs of workers staying at home due to the coronavirus pandemic.

Morningstar analyst Dan Romanoff offered mixed commentary on Slack, following its earnings report last month.

“In a repeat of last quarter, no-moat Slack beat our expectations and its own guidance and raised its revenue outlook for the year,” he wrote.

“Unfortunately for management, revenue guidance that is in line with Street expectations may not be enough to quench investors’ thirst for growth. Despite being what seems like an obvious work-from-home enabling technology, Slack is seeing macro-related pressure.”

Romanoff does “see signs of encouragement, including commentary that trends improved as the quarter progressed, including the month of August and even into early September, as well as better-than-anticipated profitability,” he said. “We also think that Slack Connections will help continue to drive viral adoption.”

He puts fair value on Slack shares at $20.

Computer Outage Causing Voter Registration Disruptions With Pa. Department Of State

PITTSBURGH (KDKA) — With less than a month to go before the general election, a computer problem is causing issues for Pennsylvania voters.

According to the state, this outage began late Saturday.

The outage is impacting multiple state agencies including the Department of State, which oversees voting and election materials.

Pennsylvania’s Secretary of State says this is due to an issue with contractors equipment, and there’s no evidence of malicious interference. All its data is backed up.

Many of the Department of State’s election-related and professional licensing services are affected, including online voter registration and the online application for mail in ballots.

The state’s Secretary of Administration says they are working around the clock to get this problem solved.

What you can do during this outage is download the paper voter registration, mail in ballot applications, and other election related forms and applications.

Links to more information can be found at the following locations:

You can also call the state’s toll-free voter hotline to have applications mailed to you.

The state says that counties will still be able to process registrations, mail-in ballots, absentee ballot applications, and ballots with alternative processes.

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