Salesforce CEO Marc Benioff bashes Microsoft: ‘They just can’t keep that management team in place’ (MSFT, CRM)

Salesforce CEO Marc Benioff slammed Microsoft at an analyst event, hitting the rival company on executive turnover and market share. Benioff said Microsoft is too focused on Windows to really compete with Salesforce’s core customer relationship management (CRM) software. In 2016, Microsoft beat Salesforce to acquire LinkedIn, a move Benioff doesn’t appear to have forgiven.  […]

Salesforce has a target date for hitting $20 billion in sales: 2022 (CRM)

Kimberly White/Getty Images Salesforce expects to reach its $ 20 billion revenue goal by 2022, the company told analysts on Tuesday. That’s more than double the $ 8.4 billion in revenue the cloud software company saw in its last fiscal year. To get there, Salesforce said it will expand its international market share, and focus on large commercial and […]

Google and Salesforce sign massive strategic partnership

Google and Salesforce announced a massive strategic partnership today that’s aimed at driving value across their mutual customers. As part of the deal, Salesforce plans to use Google Cloud Platform infrastructure as a preferred partner to power the tech titan’s international expansion. Google, for its part, will use Salesforce as its preferred CRM provider for […]

Salesforce aims to make AI predictions easier for its customers

Salesforce is launching a new feature that uses machine learning to let customers make predictions based on data stored with the tech titan’s software. Einstein Prediction Builder is designed to take any of the fields that users have set up inside a piece of software — like Salesforce’s Sales Cloud CRM — and generate predictions […]

London-based identity verification startup Onfido raises $30 million from Microsoft, Salesforce, others

Onfido, an identity and document verification startup based in the U.K., has raised $ 30 million in a series C round of funding led by Crane Ventures Partners, with participation from existing investors, including Salesforce Ventures. Microsoft Ventures also joined the company’s roster of investors for the first time. Founded out of London by three […]

Salesforce aims to help immigrant students with donations to San Francisco, Oakland schools (CRM)

Like many of his peers, Salesforce CEO Marc Benioff has been an outspoken critic of President Donald Trump’s various proposals to restrict immigration and the number of refugees accepted into the US. On Tuesday, Benioff is putting his company’s money where his mouth is. Salesforce.org, Salesforce’s nonprofit offshoot, is giving $ 12.2 million to the […]

Salesforce beats second-quarter expectations — but its stock sinks up to 3% (CRM)

Salesforce.com Salesforce’s second quarter revenues were up 26% year-over-year Tuesday. The company hit $ 2.56 billion, beating analyst expectations of $ 2.51 billion.  The company reported:  Revenues — $ 2.56 billion. Analysts had forecast $ 2.51 billion. Earnings per share (adjusted) — $ 0.33 per share. Wall Street was expecting $ 0.32 a share. Subscription and […]

Salesforce “red team” members present tool at Defcon, get fired

Enlarge / Meatpistol was supposed to be released at DEFCON. But Salesforce pulled the plug—and fired two security employees for presenting about it. (credit: DEFCON/Schwartz and Cramb) At Defcon in Las Vegas last month, word rapidly spread that two speakers—members of Salesforce’s internal “red team”—had been fired by a senior executive from Salesforce “as they […]

This former Twitter exec thinks he’s found the next Salesforce — and it just hit $108 million in funding (TWTR)

cableshow/flickr It’s not everyday that Ali Rowghani joins a board of directors. The Y Combinator Partner and former COO of Twitter only sits on three or four boards at a time. Now now he’s added a startup named Segment to that list. Segment offers a marketing platform that lets companies track and consolidate customer data. […]