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NEWS
Salesforce: “The SaaS Apocalypse doesn’t make sense”
Salesforce is making progress in carrying out a US$500mn investment in Argentina focused on agentic artificial intelligence (AI), training, and the digitalization of the public sector and SMEs, in a context of business transformation in the country. The company, which doubled its business in the country over the last two years, sees high growth potential and questions the so-called “SaaS Apocalypse,” a term associated with the drop in the share value of major technology comp
Joseph K
4 days ago
Microsoft, Salesforce, ServiceNow Sell-Off Is Overdone: Dan Ives
Dan Ives is calling the turn. With geopolitical tensions easing after Iran ceasefire developments , the Wedbush analyst sees a risk-on shift underway—and argues that tech stocks, especially Microsoft Corporation (NASDAQ:MSFT ), Salesforce, Inc. (NYSE:CRM ) and ServiceNow, Inc (NYSE:NOW ), are mispriced right as AI demand accelerates. https://www.benzinga.com/markets/tech/26/04/51713873/microsoft-salesforce-servicenow-sell-off-is-overdone-dan-ives
Joseph K
4 days ago
Salesforce Seals $18 Billion Deal for Wiz to Anchor its AI-First Security Future
In a move that fundamentally reshapes the landscape of enterprise software, Salesforce ( NYSE: CRM ) has confirmed its acquisition of cloud security pioneer Wiz for $18 billion. This landmark deal marks the company’s largest move into the cybersecurity sector, signaling a definitive shift from traditional customer relationship management toward a holistic, security-first enterprise AI platform. By integrating Wiz’s cutting-edge security posture management into its core infras
Joseph K
4 days ago
Salesforce’s $50 billion share repurchase cements its confidence in the market, as expanding AI capabilities support its high valuation
Salesforce has launched an unprecedented $50 billion capital return initiative, underscoring management’s deep conviction in the company’s future. Half of this amount was swiftly put to work through a $25 billion accelerated share repurchase (ASR)—the largest of its kind ever executed. This action follows a $25 billion senior notes offering, marking the biggest corporate debt issuance in the tech sector for 2026. Together, these moves highlight Salesforce’s commitment to rewa
Joseph K
5 days ago
Inside Big Software's fight for its life
On the eve of Salesforce 's latest earnings report, CEO Marc Benioff invited Workday CEO Aneel Bhusri over for drinks. Both men run companies squarely in the blast radius of a debate that has taken hold across Silicon Valley and Wall Street: Will artificial intelligence be the death knell for some of the most influential companies in Big Tech? https://www.businessinsider.com/salesforce-microsoft-stocks-down-ai-replacement-future-of-software-2026-4
Joseph K
5 days ago
Is AI Really Behind the Tech Layoff Wave? Benioff Says No
Salesforce Co-Founder and CEO , Marc Benioff , says companies cutting jobs for financial and structural reasons are hiding behind a convenient scapegoat… AI. The wave of tech layoffs over the past 18 months has come with a familiar explanation attached: AI made us do it. But Benioff isn’t buying it. https://www.cxtoday.com/workforce-engagement-management/benioff-ai-layoffs-scapegoat-cx/
Joseph K
6 days ago
Salesforce stuffs 30 AI skills into Slackbot in bold Copilot mirror move
Salesforce just made its biggest play for the enterprise AI market, and it looks strikingly familiar. The company has rolled out more than 30 new artificial intelligence capabilities to Slackbot, the embedded assistant within its popular workplace messaging platform. Unveiled in late March, this overhaul represents the most significant update to Slack since Salesforce completed its $27.7 billion acquisition of the collaboration tool in 2021. The timing and scope of this upgra
Joseph K
6 days ago
AI is used as a scapegoat for job cuts, says Salesforce CEO
Marc Benioff, CEO of US-based cloud software company Salesforce, has said that many companies are wrongly blaming artificial intelligence for layoffs, arguing that the current wave of job cuts is being misunderstood. In a recent interview with tech company Forward Future, Benioff said Salesforce now employs a record number of people, exceeding 83,000, but acknowledged that the company went through an "uncomfortable period" of rebalancing its workforce over the past five years
Joseph K
6 days ago
Marc Benioff Bets Salesforce’s Future on Slackbot, ‘Fastest-Growing Feature Ever’
In one of the boldest moves in Salesforce’s 27-year history, Marc Benioff is putting the world’s largest enterprise-apps business plus its $800-million agentic AI business under the orchestration of a new UI called Slackbot being positioned as the “front door to the Agentic Enterprise.” Benioff’s strategy is that the wild new world of AI requires a radically different approach in how businesses deploy technology to innovate and grow. https://cloudwars.com/ai/marc-benioff-bet
Joseph K
6 days ago
AI made scapegoat for tech layoffs, reality is more complex, says Salesforce CEO
According to Financial Express , Benioff was speaking on The Future Live hosted by Matt Berman, where he said AI is sometimes used as a “scapegoat” for broader structural and financial decisions within companies. Benioff said many observers do not fully understand the forces behind recent job cuts. He argued that attributing layoffs to AI alone risks oversimplifying a complex situation. https://enterpriseai.economictimes.indiatimes.com/amp/news/industry/salesforce-ceo-blaming
Joseph K
Apr 5
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