Posts filtered by tags: Marc @Benioff[x]


 

Minea Moore of Salesforce: Businesses Can be in the Business of Doing Good and Driving Inclusion Without Sacrificing Performance

At the end of May Salesforce announced their latest quarterly revenues of $5.96B, estimating they are on track for annual revenues of $26B this fiscal year – adding up to a 22% year-over-year growth.  OK this ends the CNBC segment of this post, but I wanted to point out the big numbers because these numbers came while Salesforce has also been growing and deepening their efforts with corporate diversity, equality and inclusion (DEI). So revenues continue growing alongside efforts to make the ent...
Tags: Interviews, Sales, United States, Lgbtq, Salesforce, Cnbc, Marc Benioff, Minea Moore


ORG CHARTS: View the most important people and power structures at companies like Netflix, Google and JPMorgan

JPMorgan CEO Jamie Dimon sits at the top of the bank's org chart. Mike Blake/Reuters Org charts plot out the power structure at companies. Insider has been assembling these for the past year for companies like Netflix, Microsoft and JPMorgan, and we update them frequently. See more stories on Insider's business page. Organizational charts plot out the most powerful people at companies and the structure that links them together. Here's a summary of the ones our reporters h...
Tags: Google, Amazon, Microsoft, Trends, Intel, Netflix, Goldman Sachs, Salesforce, Jamie Dimon, Jason Kilar, Sundar Pichai, Marc Benioff, Citi, Reuters, Jpmorgan, Pat Gelsinger


Salesforce and Zoom scored $34 million in gains after Monday.com stock surged 22% in 2 days

Monday.com went public on Thursday, lifting the value of Salesforce and Zoom's bets on the enterprise-software company. Monday.com Salesforce and Zoom made a combined $34 million on Monday.com in two days. Each company invested $75 million in the enterprise-software company during its IPO. Monday.com shares have surged 22%, boosting the value of Salesforce and Zoom's stakes. See more stories on Insider's business page. Salesforce and Zoom made a combined $34 million in two days...
Tags: Trends, SEC, Berkshire Hathaway, Warren Buffett, Salesforce, Snowflake, Berkshire, Nubank, Marc Benioff, Theron Mohamed, Monday com Salesforce


Leyla Seka and Letty Ledbetter of BVI: We’re going to increase the appallingly low number of blacks participating in venture capital

It’s a small world.  So when I had a recent LinkedIn Live convo with Leah-McGowan Hare of Salesforce and Bevy’s cofounder Derek Andersen on to talk about the company’s efforts to recruit black investors in their recent $40M round, Leah’s story about attending the Black Venture Institute’s (BVI) two-week venture education program really intrigued me.  So much so that when I checked out the BVI website I noticed that one of the cofounders was buddy of mine from her days at Salesforce – Leyla...
Tags: Interviews, Sales, Paypal, God, Salesforce, Jackson, Black, Salesforce Ventures, Marc Benioff, SPAC, Berkeley California, Leah, Toby, Leyla Seka, BVI, Leyla


Pledge 1% is asking VCs to help unlock billions in corporate philanthropy

The corporate philanthropy organization Pledge 1% has, since its launch in 2014, asked founders to donate 1% of their companies’ equity, product or employees’ time starting on their first day of business. While the Bay Area-based outfit has found meaningful support from companies like DocuSign, Box, Twilio Okta and PagerDuty that pledged their resources ahead of becoming publicly traded companies, Pledge 1% is now sharpening its ask slightly, and asking a growing list of VCs to also help unlock...
Tags: TC, Ipo, Tech, Impact Investing, Andreessen Horowitz, Salesforce, Corporate Philanthropy, Marc Benioff, Bay Area, Unity, Scott Farquhar, Pledge 1, Lesnick, Amy Lesnick, DocuSign Box Twilio Okta, Coinbase UiPath


Slack CEO Stewart Butterfield and Away's Jen Rubio just had their first child together. Here are 13 other power couples who rule the tech world.

Snap CEO Evan Spiegel and wife Miranda Kerr. Stefanie Keenan/Getty Images for Snap Inc Slack's Stewart Butterfield and Away's Jen Rubio just had their first child together. They're among over a dozen other leaders in the tech industry in relationships with powerful people. Some, like Jeff Bezos and MacKenzie Scott, and Bill and Melinda Gates, have recently split up. See more stories on Insider's business page. As the singer Grimes, Tesla CEO Elon Musk's girlfriend, migh...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Elon Musk, Marriage, Instagram, Yahoo, Life, US, Trends, Tech, Features, Rome, Wyoming


Current and former Oracle employees say there's a 'culture of fear' at its flagship cloud unit

Hello!Welcome to this weekly roundup of stories from Insider's Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.What we're going over today:Oracle insiders say there's a "culture of fear" at its flagship cloud unit. The inside story of the man accused of murdering and decapitating his boss in NYC.Bank of America has lost dozens of salespeople from its mortgage unit."Reallocation friction" may explain why a full economic recover...
Tags: Apple, Google, Amazon, Business, Microsoft, Satya Nadella, New York City, US, Newsletter, Trends, Tech, Bank Of America, Intel, Marine, Larry Ellison, Ryanair


Salesforce stock could jump 32% after 'beat and raise' quarter, Wedbush says

Noam Galai/Contributor/Getty Images Salesforce stock surged on Friday after the company beat analysts' revenue and earnings estimates. The firm also raised its guidance and now expects $26 billion of revenue for financial year 2022. Dan Ives of Wedbush says Salesforce stock will jump 32% from Thursday's closing price to $300. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Salesforce stock surged on Friday after the company posted a "beat and raise specia...
Tags: Trends, Salesforce, Marc Benioff, Wedbush, GAAP, Ives, Benioff, Noam Galai, Dan Ives, Dan Ives of Wedbush, Getty Images Salesforce, Will Daniel, Things Before the Opening Bell Salesforce


I spent a month using popular meditation app Calm to help with my longtime panic disorder. Here's my verdict.

Author Sarah Fielding meditating. Sarah Fielding Meditation can help with anxiety, depression, chronic pain, high blood pressure, and sleep problems. Sarah Fielding, who's used Headspace before, tried the Calm app, which costs $69.99 for a year. She enjoyed the quick sleep meditations and meditation sets, but the app has some downsides. See more stories on Insider's business page. In September 2016, my mental health was incredibly poor.Each day was a struggle filled with intrusive ...
Tags: Apple, Google, Sleep, Trends, Stress, Meditation, Anxiety, Antarctica, Harry, Mandy Moore, Lightspeed Venture Partners, Sarah, Stanford University, Marc Benioff, Nordic, Headspace


10 things in tech: DC's Amazon lawsuit, Airbnb update, Ford's frunk

Alex Wong/Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. DC's attorney general is suing Amazon, accusing it of abusing its power to control prices online. Amazon requires third-party sellers to not offer products at lower prices on other websites, which the attorney general says is an antitrust violation. Everything you need to know about the lawsuit.2. Airbnb announced over 100 new features ahead of a boo...
Tags: Amazon, Microsoft, Newsletter, Trends, Startup, Tech, Nasa, Ford, Bill Gates, Airbnb, Dc, Salesforce, Jeff Bezos, Bernie Sanders, Marc Benioff, Sanders


Brand Activism and Modern Marketing

Customers care more about the values of the companies they buy than ever before. It’s more than your purpose. It’s more than what you sell. They want to know what kind of company you are and what do you care about. Does a company want to do more than drive profits? That’s why I interviewed Dr. Philip Kotler, who is known as the “father of modern marketing.”  He is the S.C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management at Northwestern Univers...
Tags: Marketing, Disney, San Francisco, CMO, Nike, Unilever, Walmart, Brian, Toyota, Starbucks, DuPont, Coca Cola, Marc Benioff, Northwestern University, McDonald, John Deere


Climate risk platform Cervest raises $30M Series A led by Draper Esprit

Cervest – a startup with a platform that claims to quantify climate risk across multiple decades and threats down to the asset level – has raised a $30 million Series A round led by Draper Esprit. Previous investors Astanor Ventures, Lowercarbon Capital (Chris Sacca), and Future Positive Capital also participated in the round, and were joined by new investors UNTITLED, the venture fund of Magnus Rausing, and TIME Ventures, the venture fund of Marc Benioff. Cervest’s total funding now stands at ...
Tags: TC, Europe, Texas, Money, Australia, Finance, Insurance, Tech, Investment, Ceo, Economy, Artificial Intelligence, United States, Venture Capital, Machine Learning, Noaa


More funding flows into Pipe, as buzzy fintech raises $250M at a $2B valuation

At the end of March, TechCrunch reported that buzzy startup Pipe — which aims to be the “Nasdaq for revenue” — had raised $150 million in a round of funding that values the fintech at $2 billion. Well, that deal has closed and in the end, Miami-based Pipe confirms that it has actually raised $250 million at a $2 billion valuation in a round that was “massively oversubscribed,” according to co-founder and co-CEO Harry Hurst. “We had originally allocated $150 million for the round, bu...
Tags: Fundings & Exits, Startups, Japan, Maryland, Okta, Finance, Funding, Startup, Tech, Economy, SaaS, Venture Capital, Miami, Alexis Ohanian, Pipe, Siemens


No business leader can ignore America's cruel, racist death penalty. People expect the private sector to take a stand.

Police officers gather to remove activists during an anti death penalty protest in front of the US Supreme Court January 17, 2017 in Washington, DC. BRENDAN SMIALOWSKI/AFP via Getty Images Ex-Unilever CEO Paul Polman calls on business leaders to publicly condemn the death penalty. "The private sector can no longer be a silent bystander in the society it inhabits." Corporate activism can embolden lawmakers to act, he argues in this op-ed. See more stories on Insider's business page. We ...
Tags: Washington, Saudi Arabia, China, America, Trends, Unilever, Egypt, Washington Dc, Amnesty International, Richard Branson, Capitol Hill, Michigan, Kazakhstan, Biden, Malawi, US supreme court


Salesforce CEO Marc Benioff slammed Facebook for asking its 'Supreme Court' to rule on Trump's suspension: 'This is your company'

NICHOLAS KAMM/AFP via Getty Images/ANDREW CABALLERO-REYNOLDS/AFP via Getty Images/Insider Benioff said Facebook's board was right to pass the Trump case back to the company. The executive also said CEOs shouldn't delegate their core values to outsiders. The board refused Facebook's request to decide the duration of Trump's suspension. See more stories on Insider's business page. Salesforce CEO Marc Benioff called out Facebook over the company's decision to delegate...
Tags: Facebook, News, Supreme Court, Trends, Salesforce, Donald Trump, Wall Street Journal, Marc Benioff, Zuckerberg, Trump, Tech Companies, Board, Schroepfer, Mike Schroepfer, US Capitol, Benioff


Why Time Magazine Launched a Dedicated Business Vertical

This week, Time Magazine launched a vertical dedicated entirely to business coverage, called Time Business, in a bid to drive subscription growth and flex its editorial independence under Marc Benioff's ownership. The publisher reaches 100 million people across all platforms and generates $200 million in annual revenue, 40% of which comes from subscriptions, the company...
Tags: Publishing, Media, Advertising, Time Magazine, Marc Benioff, Time Business


NBC News Asks: Is College Worth the Money?

Long-time Slashdot reader destinyland writes: "More major corporations are abandoning the requirement of a four-year degree. At Apple, half of their employees don't have college degrees," reports NBC News. They also note that JP Morgan is "actively recruiting" people without a college degree for programs that train them for careers in areas like operations or consumer banking (showing one woman who ultimately got a $70,000-a-year position in Human Resources). NBC warns that "this path is untes...
Tags: Apple, Nbc, Tech, Colombia, United States, Jp Morgan, Salesforce, Marc Benioff, Benioff


Tom Brady and Salesforce Ventures pour millions into Class, a Zoom-friendly edtech startup

Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital table. CEO and founder Michael Chasen said that Marc Benioff, the CEO of Salesforce, approached the company about investing in Class. Salesforce Ventures launched a $100 million Impact Fund in October 2020, a month after Class launched, to back edtech...
Tags: Startups, TC, Education, Tech, Tom Brady, Salesforce, Edtech, Salesforce Ventures, Marc Benioff, Zoom, Chasen, Michael Chasen, Recent Funding, Salesforce Ventures Sound Ventures, Class Salesforce Ventures, Engageli Top Hat


The Exploding Market For NFT Art

Most people still do not really understand it, but with the influx of cryptocapital into the NFT art market, all eyes are now glued to the possibilities of NFT art. “This whole mainstream sweep happened sooner than we anticipated,” says Jonathan Perkins, the co-founder of SuperRare, which launched in 2018. In its first year, it averaged about $8,000 a month in sales. By the second year, $100,000 a month. Last month — around the time it announced a series-A investment from the likes of Samsung, ...
Tags: Art, Marc Benioff, Visual, NFT, Jonathan Perkins, 04.15.21, Samsung Ashton Kutcher Mark Cuban


Altman brothers lead B2B payment startup Routable’s $30M Series B

We all know the COVID-19 pandemic has accelerated digital adoption in a number of areas, particularly in the financial services space. Within financial services, there are few spaces hotter than B2B payments. With a $120 trillion market size, it’s no surprise that an increasing number of fintechs focused on digitizing payments have been attracting investor interest. The latest is Routable, which has nabbed $30 million in a Series B raise that included participation from a slew of high-profile...
Tags: Congress, Softbank, San Francisco, Tech, Sam Altman, Seattle, Sap, Cto, Marc Benioff, Flexport, Behance, RE MAX, Altman, Gokul Rajaram, Xero, Scott Belsky


YouTube cleans up offensive videos, Hulu gets fresh look: Wednesday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. YouTube safety On Tuesday, YouTube released new numbers outlining how much hate speech, violence, sexual material and other content it removed in the second half of 2020. Google’s community report estimates about 16 to 18 videos out of every 10,000 are inappropriate. The repor...
Tags: Google, Facebook, Elon Musk, Hollywood, Washington Post, Advertising, Disney, Walmart, Bloomberg, Psa, New York Times, Morgan Freeman, Edelman, Jeff Bezos, Hulu, Marc Benioff


The "fashion mask" is here: Will.i.am launches high-tech face covering

Salesforce CEO Marc Benioff helped broker a connection with N95 manufacturer Honeywell.
Tags: Marc Benioff


The life and career of Larry Ellison, the billionaire Oracle cofounder who went from college drop-out to jet-setting playboy and tech titan

Larry Ellison. Ezra Shaw/Getty Images Oracle founder Larry Ellison hasn't had a typical path to success. Ellison dropped out of college twice and didn't become a billionaire until age 49. He built Oracle into a $180 billion behemoth while becoming something of an international playboy. Visit Business Insider's homepage for more stories. Larry Ellison, the 76-year-old billionaire cofounder of Oracle, is one of the most interesting men in tech.Whether it's yacht-racing, buyi...
Tags: Apple, Elon Musk, Texas, Enterprise, California, Steve Jobs, Washington, White House, US, America, Trends, Tech, Tesla, Bloomberg, Features, Getty Images


NFT art marketplace SuperRare closes $9 million Series A

The NFT ecosystem is having an explosive moment and the startups that were ready to run with it are getting lots of cash to continue capturing that momentum. SuperRare, an NFT art platform that has garnered tens of millions in new sales in recent weeks, has just raised millions from investors. The $9 million Series A round was led by Velvet Sea Ventures and 1confirmation. Other investors participating in the round include Collaborative Fund, Shrug Capital, Third Kind, SamsungNext, Ashton Kutcher...
Tags: Finance, Tech, Mark Cuban, Nba, National Basketball Association, Ashton Kutcher, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Artist, Marc Benioff, Consensys, Chamath Palihapitiya, Collaborative Fund, Damien Hirst


The toilet paper startup backed by Marc Benioff, Dara Khosrowshahi, and Robert Downey Jr. now sells paper towels

Cloud Paper, the startup whose bamboo toilet paper (and celebrity and billionaire backers including Robert Downey Jr., Gwyneth Paltrow, Marc Benioff, Dara Khosrowshahi, and Mark Cuban) made a splash last year, is getting into the paper towel racket. Starting today, the company is taking pre-orders for its 12 pack boxes of sustainably sourced bamboo paper towels, which will retail for $34.99. The Seattle-based company was founded by two ex-Uber employees, Ryan Fritsch and Austin Watkins, who went...
Tags: TC, Uber, Robert Downey Jr, Russia, Tech, Public Health, Canada, United States, Mark Cuban, Plants, Brazil, Paper, WeWork, Sanitation, Hygiene, Seattle


Could Marc Benioff be the next CEO to move to executive chairman?

Last month Jeff Bezos announced he would step down as CEO of Amazon later this year, moving into the executive chairman role, while passing the baton to AWS CEO Andy Jassy. Could Marc Benioff, co-founder, chairman and CEO at Salesforce be the next big-name executive to make a similar move? A Reuter’s story published on Monday suggested that could be the case. Citing unnamed sources, the story indicated that Benioff’s CEO exit could happen this year. Further those same sources suggested that curr...
Tags: Amazon, Cloud, Facebook, Enterprise, Ge, Tech, Salesforce, Jeff Bezos, Taylor, Marc Benioff, Bezos, Leary, McCabe, Andy Jassy, Benioff, Personnel


Salesforce reportedly scrapped plans for additional office space in San Francisco following its decision that most employees will only come into the office a few days per week

Noam Galai/Contributor/Getty Images Salesforce is said to be canceling a lease for new office space in San Francisco. Salesforce had inked a deal in 2018 for 325,000 square feet in a new building near Salesforce Tower. The company said last month that most employees will work in the office one to three days a week. Visit the Business section of Insider for more stories. Salesforce has reportedly dropped plans to lease 325,000 square feet of office space in San Francisco. The cloud comput...
Tags: Twitter, Enterprise, Pinterest, San Francisco, Trends, Silicon Valley, Salesforce, Marc Benioff, San Francisco Chronicle, South of Market, San Francisco Business Times, San Francisco Salesforce, Salesforce Tower, Tech Insider, Tech Offices, Noam Galai


Okta Says It's Buying Security Rival Auth0 For $6.5 Billion

Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it's spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta's shares plunged about 13% in extended trading after the announcement. The all-stock deal equals about 21% of Okta's market cap as of Wednesday's close. Okta said it expects the transaction to close by the end of July. Okta co-founder and CEO Todd McKinnon was previously a vice president at Sales...
Tags: Okta, Tech, Cnbc, Todd Mckinnon, Marc Benioff, McKinnon, Eugenio, Benioff, Eugenio Pace


Elon Musk and Jeff Bezos have been publicly feuding for over 15 years. Here are all the biggest rivalries that have formed between some of the world's most high-powered tech leaders.

Jeff Bezos, left, and Elon Musk. Katherine Taylor/Reuters/Axel Springer While there are many close friendships in Silicon Valley, there are also plenty of feuds. Some appear to be friendly rivalries, like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison. Others are more contentious: Elon Musk and Jeff Bezos, for example, have been feuding for years.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground for rivalries. In a place where world-changin...
Tags: Apple, Facebook, Mark Zuckerberg, Twitter, Post, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, US, San Francisco, Trends


Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just closed FY2021, up 24% YoY. If that wasn’t enough, it raised its FY2022 guidance (its upcoming fiscal year) to over $25 billion. What’s not to like? You want higher quarterly revenue, Salesforce gave you higher revenue. You want high g...
Tags: Google, Cloud, Enterprise, Tech, Credit Suisse, SaaS, Earnings, Salesforce, Canaccord Genuity, Patterson, Stock Price, CRM, Marc Benioff, Hynes, Brad Zelnick, Gavin Patterson Salesforce