Salesforce’s third quarter revenues were up 25% from last year

Justin Sullivan/Getty Images Salesforce reported its third quarter earnings for fiscal year 2018 on Tuesday. The company previously announced that it expects to see $ 10.4 billion in revenues for the current year, fiscal 2018. Here’s what Salesforce reported: Revenue (GAAP) for the third quarter was $ 2.68 billion, compared to analyst expectations of $ 2.65 […]

Salesforce’s chief scientist says AI winters are over

While there’s concerning hype about artificial intelligence in the market today, Salesforce’s chief scientist says that researchers don’t have to fear that interest in in the field will disappear again. “At the same time, I don’t think there will be an ‘AI winter’ again, where hype cycles happen and there’s no more funding, and so […]

Salesforce’s chief diplomat on what it’s like being BFFs with Amazon’s $12 billion cloud (CRM, MSFT, AMZN)

On Tuesday, Amazon Web Services, the online retailer’s massively profitable cloud computing arm, introduced AWS Connect — a new service that lets businesses set up their own call centers built on Amazon’s own customer service tech. There are two big things to note with the launch of AWS Connect. First, it’s just another example of how […]

Marc Benioff says the ‘roaring’ market has ended Salesforce’s $5 billion buying binge (CRM)

Salesforce famously went on a record shopping spree in 2016, spending roughly $ 5 billion on acquiring companies like Quip (purchased for $ 750 million) and Krux ($ 700 million).  And Salesforce didn’t even fill its shopping cart up as much as it wanted, with a failed bid for LinkedIn (which Microsoft acquired for $ 26 billion) and […]