CRM giant Salesforce has conducted layoffs of managers, directors, salespeople, marketers and others ahead of Q4 earnings as it increases investments in AI and GenAI opportunities.

Shares of Salesforce were up 8.6% on Wednesday afternoon, to $359.78, while The Technology Select Sector SPDR exchange-traded fund was up 1.6%, on pace to close at a record, according to Dow Jones ...

After LinkedIn officially announced that it had sold itself to Microsoft for $26.2 billion in cash last month, Salesforce CEO Marc Benioff, a rival bidder, didn't give up right away. Instead, he ...