Microsoft kicked off its annual Ignite conference on Tuesday with the announcement of a new platform called Microsoft Mesh for creating social and collaborative experiences on augmented and virtual reality devices. Built atop the company’s Azure cloud service, Mesh borrows liberally from the technical foundations of AltspaceVR, a startup that Microsoft acquired in 2017. Microsoft demonstrated...
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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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