Bob Lee, the founder of Block’s Cash App and a chief product officer at MobileCoin, was killed early Tuesday in San Francisco, according to the San Francisco Chronicle. Lee, who was 43, was stabbed around 2:35 a.m. on Tuesday on the 300 block of Main Street, according to the report. That’s just a few blocks from Salesforce Park, an urban park and transit center adjacent to Salesforce...
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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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