Microsoft says it is continuing to investigate the cause of a major cloud outage that has left users around the world unable to access services such as Outlook email, Teams workplace collaboration software, and Azure services. The outage, which began around 2 p.m Pacific time, is the most significant cloud challenge Microsoft has faced since mid-March, when a surge of pandemic-related...
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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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