Welcome to the Tech Mem Right Home for Friday, July 27th, 2018. I'm Brian McCullough.

Today, Slack takes out some competitors.

Twitter gets its own earnings shock.

Amazon is just fine, thank you very much.

Strip issues credit cards.

Movie Pass is still alive at the time of this recording, and the

weekend long reads suggestions. Here's what you missed today in the world of

tech. Slack continues its march to workplace domination.

Atlassian, the 15 billion billion Australian software company has announced that it is selling its popular

hip-chat and stride messaging services to workplace messaging platform, Slack.

As a part of the deal, Atlassian will make what is being described as a small but symbolically

important investment in Slack.

This deeper partnership exemplifies our shared belief that the world of enterprise software

is moving to a model in which people are building their own technology stack with the

highly specialized interoperable tools that best suit their needs,

said Slack chief product officer April Underwood in a statement.

Shares of Atlassian soared close to 70% in after hours trading on this news.

Bloomberg described this tie up like this, quote, the deal gives Slack more customers,

most of whom pay a monthly service fee and allows Atlassian to exit a business

that failed to generate as much demand as expected. Combining the two businesses bolsters

slack at a time when Microsoft is pushing a rival product called

teams to some 135 million office cloud customers. Microsoft introduced a

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