Verily, the life science arm of Alphabet, announced its health screening and analytics service on Thursday aimed at helping businesses reopen during the coronavirus pandemic. The app-based product, named Healthy at Work, lets companies send their employees a daily survey to ask if they are feeling any of the symptoms common to Covid-19. Businesses can recommend employees be tested for the...
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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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