The Essex village vanished from maps but quietly survives with close community
Tucked quietly into the countryside of Colchester lies Easthorpe — a place many drivers pass without ever realising it was once a village in its own right.
Parts of Maldon beauty spot to shut to visitors for 'critical works'
Workmen are being sent into town's 'major tourist attraction' in a few days time for a few months
What's Driving the SaaSpocalypse
An anonymous reader quotes a report from TechCrunch: One day not long ago, a founder texted his investor with an update: he was replacing his entire customer service team with Claude Code, an AI tool that can write and deploy software on its own. To Lex Zhao, an investor at One Way Ventures, the message indicated something bigger -- the moment when companies like Salesforce stopped being the automatic default. "The barriers to entry for creating software are so low now thanks to coding agents, that the build versus buy decision is shifting toward build in so many cases," Zhao told TechCrunch.
The build versus buy shift is only part of the problem. The whole idea of using AI agents instead of people to perform work throws into question the SaaS business model itself. SaaS companies currently price their software per seat -- meaning by how many employees log in to use it. "SaaS has long been regarded as one of the most attractive business models due to its highly predictable recurring revenue, immense scalability, and 70-90% gross margins," Abdul Abdirahman, an investor at the venture firm F-Prime, told TechCrunch. When one, or a handful, of AI agents can do that work -- when employees simply ask their AI of choice to pull the data from the system -- that per-seat model starts to break down.
The rapid pace of AI development also means that new tools, like Claude Code or OpenAI's Codex, can replicate not just the core functions of SaaS products but also the add-on tools a SaaS vendor would sell to grow revenue from existing customers. On top of that, customers now have the ultimate contract negotiation tool in their pockets: If they don't like a SaaS vendor's prices, they can, more easily than ever before, build their own alternative. "Even if they do not take the build route, this creates downward pressure on contracts that SaaS vendors can secure during renewals," Abdirahman continued.
We saw this as early as late 2024, when Klarna announced that it had ditched Salesforce's flagship CRM product in favor of its own homegrown AI system. The realization that a growing number of other companies can do the same is spooking public markets, where the stock prices of SaaS giants like Salesforce and Workday have been sliding. In early February, an investor sell-off wiped nearly $1 trillion in market value from software and services stocks, followed by another billion later in the month. Experts are calling it the SaaSpocalypse, with one analyst dubbing it FOBO investing -- or fear of becoming obsolete. Yet the venture investors TechCrunch spoke with believe such fears are only temporary. "This isn't the death of SaaS," Aaron Holiday, a managing partner at 645 Ventures, told TechCrunch. Rather, it's the beginning of an old snake shedding its skin, he said.
Read more of this story at Slashdot.
The Essex village vanished from maps but quietly survives with close community
Tucked quietly into the countryside of Colchester lies Easthorpe — a place many drivers pass without ever realising it was once a village in its own right.
Trump says he took out Khamenei 'before he got me' as Israel ramps up attacks across Iran and in Lebanon
Donald Trump suggested Ayatollah Ali Khamenei's death was a matter of having 'got him before he got me' as Israel expanded its attacks in both Iran and Lebanon.
'Boil in a bag' funerals come to Britain: Scotland is the first part of the UK to introduce alternative technique that sees bodies dissolved and flushed down the drain
Scotland has become the first part of the UK to introduce 'boil in a bag' funerals, in the biggest change to Britain's burial rules since cremation was introduced in 1885.
Woman rushed to hospital after being hit by a lorry on busy Benfleet A-road
The road was closed for hours
Family of crooks set up fake businesses to rake in £150,000 in bogus Covid loans for lavish lifestyle
The relatives living in Ilford in east London, who cashed in on Bounce Back Loans during the pandemic, have now been sentenced - including two immediate jail terms.
Scammers try to SIM-swap Dubai citizens hours after Iranian missile strikes
Vulnerable citizens targeted by criminals purporting to represent fake police crisis department
Scammers targeted Dubai citizens mere hours after missiles struck the city, attempting to gain access to their bank accounts, police have warned.…
Couple who won £250,000 French château in Channel 4 competition plan to use the idyllic property for their 'fairytale wedding'
Natasha Manners and Xavier Bhoyroo beat 11 other pairs in 'Château DIY: Win The Dream' to get the keys to a 'magnifique', six-bedroom, 18th century residence in rural Normandy.
Hollyoaks legend to depart E4 soap in heartbreaking cancer storyline after 16 years on screen
It comes after last month it was revealed that the star had quit her role on the show. The actress was said to have left show bosses 'gutted' when she told them her decision late last year.
John Davidson apologises for 'pain, upset and misunderstanding' caused by his Tourette's following N-word outburst at BAFTAs
Davidson was heard shouting the N-word as Sinners stars Michael B. Jordan and Delroy Lindo presented the first prize of the night for special visual effects at London's Royal Festive Hall last month.
Ruth Langsford vows to 'go younger' as she opens up on her dating life following Eamonn Holmes split - reflecting on 'dark days' in wake of 'devastating' divorce
The Loose Women star, 65, appeared on the latest episode of Rylan On Saturday (28 February 2026) and reflected on the 'dark days' in the wake of their 'devastating' divorce.
He who must not be named! Welsh Labour leader fails to mention Keir Starmer as she launches Senedd campaign - before saying he can join her if he brings £14bn for her to spend
Baroness Eluned Morgan launched her desperate bid to cling onto power in Cardiff Bay today, running under a banner of 'a new chapter for Wales' for the party that has run the country for 27 years.
The Office girls reunite: Mindy Kaling, Jenna Fischer, Angela Kinsey and Ellie Kemper delight fans as they present Actor Award for Ensemble in a Comedy Series
The Office cast reunited at Sunday night's Actor Awards, reminiscing about their years together on the hit show.
How Ayatollah ran $95BILLION business empire built by seizing thousands of Iranians' properties then selling them for profit
Iran's Supreme Leader Ali Khamenei left behind a corrupt and repressive legacy, following his assassination on February 28.
Essex secondary allocations see 97 per cent offered places at preferred schools
Pupils in Essex are discovering the outcome of their secondary school applications today, with 97 per cent offered places at preferred schools.
Essex secondary allocations see 97 per cent offered places at preferred schools
Pupils in Essex are discovering the outcome of their secondary school applications today, with 97 per cent offered places at preferred schools.
How low can Gwyneth go? Star has stuck to the same plunging dresses for 30 years - and her V necks are getting even more daring in her 50s
The American actress-turned-wellness guru, 53, made her first appearance at the Actor Awards in 26 years on Sunday night in LA.
Katie Price reveals she doesn't know her husband Lee Andrews' AGE weeks on from their whirlwind marriage
Katie Price has revealed that she doesn't know her husband Lee Andrews' age - weeks on from their whirlwind marriage.