Smart speaker maker Sonos on Tuesday sued Google for infringing five of its patents, including on technology that allows wireless speakers to synchronize, according to The New York Times. The move follows years of collaboration between Sonos and Google during which Sonos built technology into its speakers that supported Google’s voice assistant and music service. But once Google released its own...
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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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