Elliott Management has backed off plans to nominate its own slate of candidates for Salesforce’s board, announcing Monday morning that “in light of the company’s previously announced” growth initiatives, it had decided not to proceed with director nominations. Salesforce announced several weeks ago, as part of its fourth quarter results, that it was adopting a focus on efficiency to improve...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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