Kuaikan, a Chinese comic reading app backed by Tencent, said it has raised $240 million in a new funding round. CCB International, South Korean app store operator One Store, Coatue Management, Tian Tu Capital and Tencent participated in the round, the startup said in a post on its official Chinese social media account. While Kuaikan didn’t disclose its valuation, Bloomberg reported that the...
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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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Salesforce Co-CEO Bret Taylor to Step Down in January
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