logo
Slack Down: Monday Morning Blues For Productivity App

Slack Down: Monday Morning Blues For Productivity App

Forbes09-06-2025
Users are struggling to use Slack this morning
Slack is investigating problems that are preventing some people from loading content in the corporate communications app this morning.
DownDetector is reporting a sharp spike in Slack problems as Europe logs on for work on Monday morning.
DownDetector shows a sharp increase in Slack outages
Slack's own Status page has also acknowledged issues with the service.
'Some users may be experiencing issues loading content in Slack, particularly threads and the Activity view,' it reported at 07:25 BST. 'We're on the case and we'll be back with an update in 30 minutes.'
A subsequent update added: "The work on this issue has been ongoing, but we've increased its urgency.
"No additional news to share just yet, but we're focused on getting things back to normal as quickly as we can. We apologize for the continued trouble.
'We'll provide updates every 30 minutes until the impact is resolved for all users.'
The problem certainly doesn't appear to be affecting all users. The service was operating normally in my brief tests this morning, suggesting it might only be affecting customers in certain regions.
This is a breaking news story, more to follow.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sono Group N.V. Reports Second Quarter and First Half 2025 Results: Net Income of €8.0 Million for H1 and Continued Commercial Momentum in Solar Mobility
Sono Group N.V. Reports Second Quarter and First Half 2025 Results: Net Income of €8.0 Million for H1 and Continued Commercial Momentum in Solar Mobility

Yahoo

time13 minutes ago

  • Yahoo

Sono Group N.V. Reports Second Quarter and First Half 2025 Results: Net Income of €8.0 Million for H1 and Continued Commercial Momentum in Solar Mobility

H1 2025 net income of €8.0 million primarily driven by fair value adjustments; disciplined cost base and improved operating cash use; progress on OEM collaborations and brand architecture MUNICH, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as 'Sono' or the 'Company', parent company to Sono Motors GmbH, hereafter referred to as 'SonoSolar' or 'Subsidiary'), the solar technology company, today announced its financial results for the second quarter ended June 30, 2025 and the first half of 2025. H1 2025 Financial Highlights Net income of €8.0 million, reflecting primarily gains from fair value changes in convertible notes; Q2 2025 net loss of €0.8 million, a 44% reduction in net loss from Q2 2024. Cash used in operating activities of €3.5 million in H1 2025, a significant improvement from €15.9 million in H1 2024. Maintained revenue generation consistent with the Company's commercialization roadmap, driven by initial deliveries and customer acceptances. Sustained tight expense control as G&A expenses were reduced 21% in H1 2025 and 35% in Q2 2025 compared to previous year. The company will continue to keep a tight control over G&A expenses as it attempts to scale its business. Business Updates and Outlook OEM momentum and real-world validation. MAN Truck & Bus, one of Europe's leading commercial vehicle manufacturers, is equipping its series vehicles with Sono's solar technology as a factory-installed option. In parallel, Ford is testing high-voltage vehicle-integrated photovoltaics (VIPV) on the E-Transit under the EU-funded SolarMoves project—clear signals of deepening OEM engagement and product maturity. Commercial rollout focus. Sono is progressing from pilots to early deployments in priority use cases—particularly refrigerated trailer transport and electric trucks—consistent with its accelerated rollout plan. Recent installations demonstrate scalability and readiness for broader field adoption. Market visibility and pipeline. At Transport Logistic 2025, the Company showcased solar-integrated solutions for commercial vehicles (including refrigerated applications). Brand architecture aligned to strategy. Post-quarter, the operating subsidiary began using the 'SonoSolar' brand, sharpening the Company's positioning as a solar mobility integrator for commercial vehicles, from the previous solar auto manufacturer, while the legal entity remains Sono Motors GmbH. George O'Leary, Managing Director and CEO, said: 'We are closely watching our spending as we attempt to scale in the large OEM market. I am pleased with our reduction in G&A expenses in H1 2025 and Q2 2025 and we will continue to monitor closely as we continue to work with the OEM market on generating orders in Q3 and Q4 2025.' Sono remains very disciplined and execution-oriented, with a commercialization roadmap centered on OEM driven customer value and partner-led scale. The Company will continue to update stakeholders when programs progress and milestones are achieved. The full unaudited quarterly report on Form 10-Q for the period ended June 30, 2025, is available on the Company's investor relations website at and filed with the U.S. Securities and Exchange Commission. ABOUT SONO GROUP N.V. Sono Group N.V. (OTCQB: SEVCF) and its wholly owned subsidiary Sono Motors GmbH, operating under the brand name SonoSolar, are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. For more information about Sono Group N.V., SonoSolar, and their solar solutions, visit and Follow us on social media: LinkedIn, Facebook, BlueSky, Truth Social, and X. FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. The words "expect", "anticipate", "intend", "plan", "estimate", "aim", "forecast", "project", "target", 'will' and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and its subsidiary Sono Motors GmbH (together, the 'companies'). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies' actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: the Company's ability to uplist to the Nasdaq Capital Market, including meeting the initial listing requirements; the Company's ability to satisfy the conditions precedent set forth in its recent securities purchase agreement ('Securities Purchase Agreement') and exchange agreement ('Exchange Agreement') entered into with YA II PN, Ltd. ('Yorkville'); the timing of closing the transactions contemplated by the Securities Purchase Agreement and the Exchange Agreement; the impact of the transactions contemplated by the Exchange Agreement and Securities Purchase Agreement on the Company's operating results; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our ability to comply with OTCQB continuing standards; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission ('SEC'), including our Annual Report on Form 20-F for the year ended December 31, 2023, which are accessible on the SEC's website at and on our website at Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements. CONTACT: Press:press@ | Investors:ir@ | LinkedIn: FINANCIAL RESULTS (amounts in € thousands, except share and per share data) CONDENSED CONSOLIDATED BALANCE SHEETS €k June 30, 2025 December 31, 2024 ASSETS Current Assets Cash 339 1,354 Inventory 298 304 Prepaid taxes 536 531 Prepaid expenses and other 100 103 Total Current Assets 1,273 2,292 Property, plant and equipment 121 129 Right of use lease assets 602 630 TOTAL ASSETS 1,996 3,051 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses 697 575 Lease liability, current portion 167 58 Convertible notes payable at fair value 15,341 24,035 VAT payable - 487 Other current liabilities 12 5 Total Current Liabilities 16,217 25,160 Long-Term Liabilities Lease liability, long term portion 435 572 Total Liabilities 16,652 25,732 Shareholders' Equity Ordinary Shares 28 28 High Voting Shares 20 20 Additional paid-in capital 298,699 298,699 Accumulated deficit (313,403 ) (321,428 ) Total Shareholders' Equity (14,656 ) (22,681 ) TOTAL EQUITY AND LIABILITIES 1,996 3,051 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) €k Q2 2025 Q2 2024 H1 2025 H1 2024 Revenue 25 – 51 – Cost of sales 19 – 39 – Gross margin 6 – 12 – Operating Expenses and Costs Selling and distribution expenses 244 193 474 243 General and administrative expenses 1,137 1,740 2,281 2,874 Research and development 525 336 968 557 Gain on deconsolidation/reconsolidation – (756 ) – (63,491 ) Other operating income (128 ) (82 ) (132 ) (70 ) Total Operating Expenses and Costs 1,778 1,431 3,591 (59,887 ) (Loss)/Income from Operations (1,772 ) (1,431 ) (3,579 ) 59,887 Other Income (Expenses) Income from changes in fair value of convertible note payable carried at fair value 813 847 11,144 21,909 Gain/(Loss) on foreign currency transactions 147 (859 ) 460 (2,357 ) Total other income / (expense) 960 (12 ) 11,604 19,552 NET (LOSS) / INCOME (812 ) (1,443 ) 8,025 79,439 Net (loss) / income per share to common shareholders: Basic, € (0.56 ) (1.00 ) 5.53 54.82 Diluted, € (0.56 ) (1.00 ) 0.74 4.62 Weighted average number of common shares: Basic, € 1,449,991 1,449,293 1,449,919 1,449,094 Diluted, € 1,449,991 1,449,293 10,874,054 17,194,420 Sign in to access your portfolio

Morning Bid: Tech angst on AI doubts
Morning Bid: Tech angst on AI doubts

Yahoo

time13 minutes ago

  • Yahoo

Morning Bid: Tech angst on AI doubts

By Mike Dolan LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets In markets, the trigger for sudden confidence swoons is often elusive, particularly when looking at periodic rotations out of high-flying U.S. tech stocks. And most signs suggest this week's tech retreat may be more about re-positioning than investors receiving some lightning bolt of news. Tuesday's tech shakeout led to a 1.5% plunge in the Nasdaq index even as the blue chip Dow Jones Industrials Average hit a record intraday high. But the tech slump dragged the S&P 500 down 0.6%, and U.S. equity futures showed little sign of a bounce early on Wednesday. * Reasons for the sudden tech angst tended to be gathered after the event, with some pointing to comments late last week from OpenAI boss Sam Altman on inevitable bubbles in the sector and others pointing to different research papers fretting variously about both the limited returns on blistering AI spending to date and also its growing jobs destruction. The jitters also come ahead of next week's earnings report from chip behemoth Nvidia, some concern about the wider implications of the U.S. government's proposed stake in ailing chip giant Intel and caution ahead of the Federal Reserve's annual Jackson Hole conference this week. * Even though Fed concerns were cited across markets on Tuesday, there was little shift in Fed futures pricing during the day - and they still show just over an 80% chance of a rate cut next month. With Fed meeting minutes due later today and 20-year bonds under the hammer too, Treasury yields were flat and the dollar firmer. An unexpected pick-up in housing starts in July was reported on Tuesday but this was offset by a drop in building permits to five-year lows. * Tech-heavy stock indexes overseas were hit by Wall Street's wobble, with Japan's Nikkei losing 1.5% and South Korea's Kospi down 0.7%. Lifted on Tuesday by Ukraine deal hopes, European stocks were flatter today, with euro inflation coming in bang on forecast and a hotter-than-expected UK inflation reading downplayed due to seasonal airfare skews. Chinese stocks outperformed, with the Shanghai main index rallying to 10-year highs, as investors rotated stock holdings and hoped for more government stimulus. Be sure to check out today's column, which looks at a particular dilemma facing the Fed: should it ease to offset weakness in the housing market if that means spurring the blistering AI infrastructure boom? Today's Market Minute * U.S. and European military planners have begun exploring post-conflict security guarantees for Ukraine, U.S. officials and sources told Reuters on Tuesday, following President Donald Trump's pledge to help protect the country under any deal to end Russia's war. * Alongside a massive build-up in conventional military firepower, China has embarked on a rapid and sustained increase in the size and capability of its nuclear forces, according to the U.S. military and arms control experts. * British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6% in June, official data showed on Wednesday, once again leaving the country with the biggest price growth problem amongst the world's big rich economies. * A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that could end badly for traders, writes ROI energy columnist Ron Bousso. * Trump has faced little opposition in his drive to rip up the global economic rule book. The only exception has been "the market". But now even investors are holding their fire, claims ROI markets columnist Jamie McGeever, enabling more risk to build up in the financial system. Chart of the day Americans are deeply concerned over the prospect that advances in artificial intelligence could put swaths of the country out of work permanently, according to a new Reuters/Ipsos poll. The six-day poll, which concluded on Monday, showed 71% of respondents said they were concerned that AI will be "putting too many people out of work permanently." Today's events to watch * Federal Reserve meeting minutes released (2:00 PM EDT); Board Governor Christopher Waller and Atlanta Fed President Raphael Bostic speak * U.S. corporate earnings: Target, Nordson, TJX, Lowe's, Estee Lauder, Progressive, Analog Devices * U.S. Treasury sells $16 billion of 20-year bonds Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the Reuters website, and you can follow us on LinkedIn and X. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. (By Mike Dolan; Editing by Aidan Lewis) Melden Sie sich an, um Ihr Portfolio aufzurufen.

Innovation Meets Real-World Impact in Season 5 of Trane Technologies' Healthy Spaces Podcast
Innovation Meets Real-World Impact in Season 5 of Trane Technologies' Healthy Spaces Podcast

Yahoo

time13 minutes ago

  • Yahoo

Innovation Meets Real-World Impact in Season 5 of Trane Technologies' Healthy Spaces Podcast

SWORDS, Ireland, August 20, 2025--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, announces the launch of Season 5 of Healthy Spaces, a climate technology podcast that explores the innovations transforming buildings and transport systems into more sustainable solutions. "Challenging what's possible for a sustainable world begins with listening," said Scott Tew, Global Head of Sustainability Strategy and Vice President, Trane Technologies. "This season we're talking with people leading research and developing new technologies across the climate space, from AI and electrification to circularity and using ice to heat. We hope to inspire our listeners with actionable insights to advance their work in innovation and sustainability." Scott Tew is joined as a co-host by Dominique Silva, Regional Marketing Leader, EMEA, Trane Technologies. Season 5 launched with "Harnessing Heat – The Tech Solution for Cooler Buildings," a conversation with Stan Van Hastenberg, Sustainability Lead at global health company Organon, and Jose La Loggia, Group President EMEA at Trane Technologies, about reducing energy and cost through thermal management systems. More new episodes are available now and include: "Connecting the Dots: Unlocking Innovation with Systems Thinking," a conversation with Mauro Atalla, Chief Technology & Sustainability Officer of Trane Technologies, about how culture is a catalyst for sustainability. "Embodied Carbon – First Movers of the Built Environment," – a conversation with Nollaig Forrest, Chief Marketing and Corporate Affairs Officer of Amrize, and Cal Krause, Trane Technologies' Operational Impacts Manager and Trellis 30 under 30 recipient, about how innovations in materials like cement and steel could turn buildings into carbon sinks. "Cool Air, Hot Takes – Get the Scoop on Decarbonization," – a conversation with Charlie Jelen and Dan Gentry, the hosts of Trane's Cool Air, Hot Takes podcast, about the world of buildings, HVAC and energy. Additional episodes will be released biweekly through the fall, exploring topics such as data center cooling, the business case for sustainability and how AI can reduce energy demand. With more than 250,000 downloads, Healthy Spaces has been #1 on the Apple Podcasts Technology chart twice. Healthy Spaces Season 5 is now streaming on Apple Podcasts, Spotify and for the first time, full episodes are available to watch on YouTube. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit View source version on Contacts Media Contact: Travis Bullard+1-919-802-2593Media@ Investors Contact: Zachary Nagle+1-704-990-3913InvestorRelations@ Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store