Online sneaker seller Allbirds’ revenue grew 33% year-over-year to $63 million in the third quarter of the year, an improvement from the 18% growth rate the company reported in the first quarter. But the company said it expects sales growth to slow to between 13%-16% in the fourth quarter. The slower sales growth forecast sent Allbirds stock falling around 6% in after-hours trading. ...
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Bret Taylor’s Year in Review
That was quick. A year to the day from Bret Taylor’s appointment as co-CEO of Salesforce alongside Marc Benioff—the two would “lead Salesforce through our next chapter,” as Benioff put it—Taylor is departing. Benioff will once again be sole CEO. Taylor follows in the footsteps of Keith Block, who lasted 18 months as co-CEO with Benioff, from 2018 to 2020. Benioff tonight cast Taylor’s departure...
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