A federal judge in California ordered Google to pay attorney fees and other costs for plaintiffs suing the company on antitrust grounds after finding that its employees intentionally deleted or didn’t preserve records central to the lawsuit, the San Francisco Standard reported. The ruling relates to four separate antitrust cases brought by individuals, tech companies and attorneys general for...
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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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