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Adobe, Salesforce and Zoom have for now ruled out following Microsoft’s lead despite extra costs
Rare retreat for activist investor comes after software group posted better than average earnings
And share compensation expense
Room to grow margins, tons of cash flow — and bad habits
Wall Street’s vulture investors have forced discipline on Marc Benioff
Software company’s shares jump on better than expected results after Elliott raised pressure with board nominees
Bridgewater to cut jobs in first shake-up since founder Ray Dalio ceded control of hedge fund
The FT’s Robert Armstrong explains why he thinks Big Tech is really cutting back
Co-founder Marc Benioff refreshes software giant’s board after coming under fire from investors
Plus, Elliott revs up activism in Japan and Lazard beefs up its US private capital strategy
Marc Benioff helped build software group into a Silicon Valley giant but shareholders are agitating for change
Activists seem to think so
Pressure mounts on Marc Benioff’s software group after Starboard Value fund calls to boost profit margins
Software group becomes latest tech company to scale back workforce in face of slowing demand
Software provider was not prepared for customers taking more measured approach to spending
Any suggestion of new deals should prove unpopular
Moves by Alphabet, Meta and Salesforce come as companies respond to downturn in sector’s stocks by cutting costs
Featuring examples of the most innovative services that legal teams have developed for their businesses
Investor attributes software group’s underperformance to ‘subpar mix of growth and profitability’
We highlight the evolving role of senior in-house lawyers by showcasing outstanding examples of wide-ranging leadership skills
Salesforce will have to do more deals after buying Slack to match Microsoft’s suite of services
Industry that serves as world’s back office faces a skills shortage, warns Arundhati Bhattacharya
Combined group is out to challenge Microsoft’s integrated suite of tools
Cash-and-stock deal caps banner year for cloud computing
The cloud software company and workplace collaboration app are in talks for what could be one of the sector’s largest deals
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