Protesters call on Salesforce to end contract with border patrol agency

A dozen or so people accompanied by a 14-foot, 800-pound cage gathered in downtown San Francisco Tuesday morning to protest Salesforce’s contract with U.S. Customs and Border Patrol (CBP), the agency within the Department of Homeland Security responsible for enforcing the Trump Administration’s zero-tolerance immigration policy. Today is the first day of Dreamforce, Salesforce’s annual user conference that […]

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On-demand trucking app Convoy raises $185M at $1B valuation

CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing […]

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Marc and Lynne Benioff will buy Times magazine from Meredith for $190M

Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.com co-founder Marc Benioff and his wife Lynne Benioff for $190 million in cash. Meredith said in March that it planned to sell Time, Sports […]

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Detroit’s StockX raises $44M from GV and Battery to expand marketplace internationally

StockX started as a marketplace for reselling sneakers but has since grown to be much more, bringing its transparent and anonymous marketplace to more verticals. Today the company is announcing a $44 million Series B that will help fuel international and domestic growth while letting the company expand to even more product categories and perhaps […]

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JUST’s plant-based eggs are coming to a grocery store near you

Vegans, rejoice! JUST’s sustainable egg alternative is set to arrive in stores this fall. The vegan foods company, formerly known as Hampton Creek, will sell the egg-free and dairy-free “egg” in certain grocery store chains across the U.S.  JUST co-founder and CEO Josh Tetrick, whose company was valued at $1.1 billion last year, says fans […]

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Rebuilding employee philanthropy from the bottom up

In tech circles, it would be easy to assume that the world of high-impact charitable giving is a rich man’s game where deals are inked at exclusive black tie galas over fancy hors d’oeuvre. Both Mark Zuckerberg and Marc Benioff have donated to SF hospitals that now bear their names. Gordon Moore has given away $5B […]

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Salesforce promotes COO Keith Block to co-CEO alongside founder Marc Benioff

Salesforce is moving to a two CEO model after it promoted executive Keith Block, who was most recently COO, to the position of co-CEO. Block will work alongside Salesforce’s flamboyant founder, chairman and CEO (now co-CEO) Marc Benioff, with both reporting directly to the company’s board. Block joined Salesforce five years ago after spending 25 […]

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Salesforce reportedly won’t cancel its contract with border agency despite employee petition

While denouncing the separation of migrant families as “inhumane,” chief executive officer Marc Benioff reportedly told employees that Salesforce will continue its contract with U.S. Customs and Border Protection (CBP) because it’s technology isn’t involved in the CBP’s U.S.-Mexico border policies. Benioff’s internal memo, obtained by Bloomberg News, was in response to a recent petition […]

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After twenty years of Salesforce, what Marc Benioff got right and wrong about the cloud

Grant Miller Contributor Share on Twitter Grant Miller is the co-founder of Replicated As we enter the 20th year of Salesforce, there’s an interesting opportunity to reflect back on the change that Marc Benioff created with the software-as-a-service (SaaS) model for enterprise software with his launch of Salesforce.com. This model has been validated by the […]

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Salesforce keeps revenue pedal to the metal with another mammoth quarter

Salesforce just keeps on growing revenue. In another remarkable quarter, the company announced 3.01 billion in revenue for Q1 2019 with no signs of slowing down. That puts the CRM giant on a run rate of over $12 billion with the company’s most optimistic projections suggesting it could go even higher. It’s also the first time […]

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Zuora’s IPO is another step in golden age of enterprise SaaS

Zuroa’s founder and CEO Tien Tzuo had a vision of a subscription economy long before most people ever considered the notion. He knew that for companies to succeed with subscriptions, they needed a bookkeeping system that understood how they collected and reported money. The company went public yesterday, another clear sign post on the road […]

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