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With Hyperforce, Salesforce lets you move your data to any public cloud

With Hyperforce, Salesforce lets you move your data to any public cloud For much of its existence, Salesforce was a cloud service on its own with its own cloud resources available for its customers, but as the company and cloud computing in general has evolved, Salesforce has moved some of its workloads […]

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Salesforce applies AI to workflow with Einstein Automate

Salesforce applies AI to workflow with Einstein Automate While Salesforce made a big splash yesterday with the announcement that it’s buying Slack for $27.7 billion, it’s not the only thing going on for the CRM giant this week. In fact Dreamforce, the company’s customer extravaganza is also on the docket. While it […]

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Salesforce beats growth expectations, as investors digest the Slack acquisition

Salesforce beats growth expectations, as investors digest the Slack acquisition Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 […]

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Is Slack overpriced now that the market knows Salesforce might buy it?

Is Slack overpriced now that the market knows Salesforce might buy it? The Exchange is technically off today, but we’re here anyway because there’s neat stuff in the world of startups and money to talk about. So, let’s yammer this morning about Slack’s new valuation and what the market is telling us […]

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Slack’s stock climbs on possible Salesforce acquisition

Slack’s stock climbs on possible Salesforce acquisition News that Salesforce is interested in buying Slack, the popular workplace chat company, sent shares of the smaller firm sharply higher today. Slack shares are up just under 25% at the moment, according to Yahoo Finance data. Slack is worth $36.95 per share as of […]

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Apple, Microsoft and other tech stocks roar as the Presidential election narrows to several states

Apple, Microsoft and other tech stocks roar as the Presidential election narrows to several states On the back of sizable gains posted yesterday, tech stocks are once again rising sharply in pre-market trading today. Futures concerning the tech-heavy Nasdaq Composite index are indicating a 3.4% gain this morning, far above a 1.7% […]

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Salesforce creates for profit platform to help governments distribute COVID vaccine when it’s ready

Salesforce creates for profit platform to help governments distribute COVID vaccine when it’s ready For more than 20 years, Salesforce has been selling cloud business software, but it has also used the same platform to build ways to track other elements besides sales, marketing and service information including Work.com, the platform it […]

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Salesforce announces 12,000 new jobs in the next year just weeks after laying off 1,000

Salesforce announces 12,000 new jobs in the next year just weeks after laying off 1,000 In a case of bizarre timing, Salesforce announced it was laying off 1,000 employees at the end of last month just a day after announcing a monster quarter with over $5 billion in revenue, putting the company […]

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Airtable raises $185M and launches new low-code and automation features

Airtable raises 5M and launches new low-code and automation features The spreadsheet-centric database and no-code platform Airtable today announced that it has raised a $185 million Series D funding round, putting the company at a $2.585 billion post-money valuation. Thrive Capital led the round, with additional funding by existing investors Benchmark, Coatue, […]

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Snowflake’s IPO could value it as high as $24B, Salesforce and Berkshire to invest

Snowflake’s IPO could value it as high as B, Salesforce and Berkshire to invest On the heels of new filings from both Sumo Logic and JFrog, Snowflake, a venture-backed unicorn looking to go public on the strength of its data-focused cloud service, set an initial price range for its IPO. The $75 […]

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