If you’re one of those people confused by the different versions of HBO, rest easy. WarnerMedia is taking action. HBO Go, the streaming version of the premium cable channel introduced for cable and satellite subscribers a decade or so ago, is disappearing. HBO Now, the streaming version for cord-cutters rolled out in 2015, is being renamed just HBO. These moves come a couple of weeks after...
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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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