/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The software company’s latest results have given it a reprieve. But it still needs to crank up its product offerings and ease up on acquisitions.
Salesforce has been having a rough ride for a while.
It has witnessed a slew of executive departures in recent months, including co-CEO Bret Taylor, arguably one of the most prolific innovators and executives of the tech industry. Taylor was the architect of Salesforce’s acquisition of Slack—the company’s biggest acquisition ever.
Then there’s been significant internal drama with activist investor groups that have been pushing for Salesforce to increase growth and margins, and flagging concerns about its recent acquisitions.
To make matters worse, in January, the company announced that it planned to close some offices and cut, by 10%, its …
The artificial intelligence company has signed four deals amid fundraising talks; Aramco buys more of Saudi Arabia’s AI company.
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
