Apple said it would allow reader apps operated by services such as Spotify, Netflix and digital media to provide links in their apps that let users set up and manage their accounts on their websites. The move makes it easier for consumers to bypass Apple’s in-app purchase system and buy subscriptions directly from app developers. That would allow developers to keep 100% of their subscription...
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How Activists Proved to be Salesforce’s ‘Superpower’
These corporate efficiency initiatives really work! Salesforce’s April-quarter earnings report Wednesday showed an operating profit of $412 million, a 5% margin, compared with $20 million a year earlier, which equated to a margin of 0.27%. The reason was lower expenses—research and development costs fell 8.4% while marketing expenses dropped 6.5%—even as revenue rose 11%. Cutting costs to lift...
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