360
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

IBM selling The Weather Channel and the rest of its weather business::IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

you are viewing a single comment's thread
view the rest of the comments
[-] mint_tamas@lemmy.world 2 points 1 year ago

I don’t mind. but I’m pretty sure they are conflating two entirely different events: one was the almost complete removal of the free tier of the original LogMeIn, which at this point happened probably 10 years ago? LogMeIn (now GoTo) was privatized and sold two-ish years ago, maybe less.

[-] adenoid@lemmy.world 2 points 1 year ago

Sorry! I conflated LogMeIn with a specific LogMeIn product, LastPass (Francisco acquired the whole thing but I'm only familiar with LastPass). To clarify, the free tier of LastPass was made less useful following acquisition, particularly with the limitation to a single device.

[-] mint_tamas@lemmy.world 1 points 1 year ago

Wow, that’s a load of crap for sure. Not that it’s entirely unexpected tbh. LastPass was bought for the large userbase and the plan was to figure out later how to monetize them. Lots of hand-waving, little substance. Initially the lastpass teams were beefed up so much they filled all free space in the office. That lasted less than a year (which is around when I left). The embarrassing security incidents started after that. They really fumbled this, overall. Which is a shame, I used to be an early LastPass user, but moved on to 1pw long ago.

this post was submitted on 23 Aug 2023
360 points (98.6% liked)

Technology

59674 readers
4472 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS