Categories salesforce

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Salesforce slumps 8.5% as its post-Slack selloff continues

Shares of Salesforce traded lower today, despite the company hosting a multi-hour keynote that included a buffet of Marc Benioff. What’s going on? Essentially, since the Salesforce-Slack deal reached the ears of the public, shares of the CRM giant have fallen, while shares of the enterprise social upstart have risen […]

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Everyone has an opinion on the $27.7B Slack acquisition

When the Salesforce-Slack deal was officially announced on Tuesday afternoon, and the number appeared, it was kind of hard to believe. Salesforce had shelled out more than $27 billion to buy Slack and bring it into the Salesforce family of products. The company sees a key missing piece in Slack, […]

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Equity Shot: Salesforce’s $27.7 billion-dollar Slack message

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Welcome to an Equity Shot all about the huge, and hugely interesting, Salesforce -Slack deal, in which the enterprise social company will be subsumed for the mere price of $27.7 billion. TechCrunch has […]

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 about what the venerable SaaS company is really worth. The […]

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

Update: The Nasdaq Composite is now up 4.45% and SaaS and cloud stocks up a simply massive 6.7%. Whatever was driving the rally this morning appears to be still at it in the early afternoon. On the back of sizable gains posted yesterday, tech stocks are once again rising sharply in […]

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Customer experience and digital transformation concepts are merging during the pandemic

Customer experience and digital transformation are two terms we’ve been hearing about for years, but have often remained nebulous in many organizations — something to aspire to perhaps, but not take completely seriously. Yet the pandemic has been a forcing event for both concepts, thrusting the ideas front and center. […]

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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 on a $20 billion revenue run rate for the first time. The juxtaposition […]

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Jeff Lawson on API startups, picking a market and getting dissed by VCs

Last week TechCrunch sat down virtually with Jeff Lawson, the CEO and co-founder of Twilio as part of our long-running Extra Crunch Live series. As I expected, the chat was a good use of time. Why? Lawson was early on the idea that software companies could deliver their features not […]