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NEWS
Salesforce lays off more than 250 workers in San Francisco
Salesforce is laying off more workers from its San Francisco headquarters. The move comes just days after CEO Marc Benioff announced he's already slashed 4,000 customer service positions due to the efficiency of new AI programs. https://www.nbcbayarea.com/news/local/salesforce-layoffs-workers-san-francisco/3943626/
Joseph K
Sep 4, 2025
Marc Benioff Says Salesforce Beat Palantir On US Army Contract: 'Our Prices Are Just So Much Lower'
Salesforce Inc. (CRM) CEO Marc Benioff on Wednesday said the company secured a U.S. Army contract by outcompeting Palantir Technologies Inc. (PLTR) with lower prices and proven AI-driven solutions . https://www.benzinga.com/markets/tech/25/09/47516850/marc-benioff-says-salesforce-beat-palantir-on-us-army-contract-our-prices-are-just-so-much-lower
Joseph K
Sep 4, 2025
Salesforce Stock Drops as CEO Defends 'Appropriately Conservative' Outlook
Salesforce (CRM) shares are sinking 8% in early trading Thursday, a day after CEO Marc Benioff called the customer-relationship software firm's soft current-quarter outlook "appropriately conservative." After the bell Wednesday, Salesforce reported second-quarter adjusted earnings per share (EPS) of $2.91 on revenue that increased 10% year-over-year to $10.24 billion. Analysts polled by Visible Alpha were looking for $2.78 and $10.14 billion, respectively. https://finance.y
Joseph K
Sep 3, 2025
Ex-Salesforce co-CEO Bret Taylor’s Sierra is the latest $10 billion AI startup
Bret Taylor’s artificial intelligence startup Sierra has just joined an exclusive club: The company sports a new $10 billion valuation after raising $350 million in fresh capital. Sierra is one of just a handful of AI startups, including OpenAI , Anthropic, xAI, Safe Superintelligence and Thinking Machines that are valued at or above $10 billion. https://www.cnbc.com/2025/09/04/bret-taylor-sierra-ai-startup-salesforce-openai.html
Joseph K
Sep 3, 2025
Salesforce Delivers Uninspiring Quarter But Signals AI Driven Upside Ahead, Says Analyst
Salesforce Inc. (NYSE: CRM ) shares fell Thursday after the company delivered stronger-than-expected fiscal second-quarter results but issued revenue and earnings guidance for the third quarter that came in below Wall Street forecasts. The weaker outlook tempered investor enthusiasm despite continued momentum in Salesforce’s Data Cloud, AI initiatives, and Agentforce platform. https://finance.yahoo.com/news/salesforce-delivers-uninspiring-quarter-signals-180139138.html
Joseph K
Sep 3, 2025
Salesforce CEO Says Company Axed 4,000 Support Jobs Because of Agentic AI
Salesforce CEO Marc Benioff has become the latest Big Tech leader to note that the company he leads has shed jobs because of the impact of artificial intelligence. On an entrepreneurship-focused podcast called the Logan Bartlett Show, Benioff said late last week that Salesforce has managed to cut 4,000 customer support roles after making itself “customer zero” for its agentic AI capabilities. https://finance.yahoo.com/news/salesforce-ceo-says-company-axed-180346796.html
Joseph K
Sep 2, 2025
Security Firms Hit by Salesforce–Salesloft Drift Breach
Between August 8 and August 18, hackers used compromised OAuth tokens for the third-party AI chat bot Salesloft Drift to export large volumes of data from the Salesforce instances of hundreds of organizations . Attributed to a threat actor tracked as UNC6395 by Google and GRUB1 by Cloudflare, the campaign was aimed at extracting credentials and other sensitive information, including AWS access keys, passwords, and Snowflake-related access tokens. https://www.securityweek.com/
Joseph K
Sep 2, 2025
Salesforce CEO calls guidance ‘appropriately conservative’ as stock declines after earnings
In a Wednesday interview with CNBC’s Jim Cramer , Salesforce CEO Marc Benioff defended the guidance his company issued — even as the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. https://www.cnbc.com/2025/09/03/salesforce-ceo-calls-guidance-appropriately-conservative-as-stock-declines-after-earnings.html
Joseph K
Sep 2, 2025
Threat Brief: Salesloft Drift Integration Used To Compromise Salesforce Instances
Unit 42 has observed activity consistent with a specific threat actor campaign leveraging the Salesloft Drift integration to compromise customer Salesforce instances. This brief provides information about our observations and guidance for potentially affected organizations. As detailed in a recent notification from Salesloft , from August 8-18, 2025, a threat actor utilized compromised OAuth credentials to exfiltrate data from affected customers’ Salesforce environments....
Joseph K
Sep 2, 2025
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads' with AI
Salesforce has cut 4,000 of its customer support roles, CEO Marc Benioff recently said while discussing how artificial intelligence has helped reduce the company headcount. Benioff revealed the layoffs during an interview published Friday on The Logan Bartlett Show podcast. “I’ve reduced it from 9,000 heads to about 5,000, because I need less heads," Benioff said while discussing the impact of AI on Salesforce operations. https://www.nbcbayarea.com/news/local/salesforce-layo
Joseph K
Sep 2, 2025
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