Salesforce shares fell more than 5% after its first-quarter earnings report even though the software provider raised its full-year earnings and operating margin targets, suggesting that some investors are still wary about its ongoing efforts to run more efficiently. On an earnings call, CEO Marc Benioff focused on the opportunity Salesforce sees in generative AI, declaring that “we are about...
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Streaming Services Should Beware Becoming Like Cable Companies
About a month ago, I finally reached my breaking point with YouTube TV, the streaming service I had subscribed to years earlier as a replacement for cable TV. I didn’t think twice about paying $40 a month for it in 2018, but after years of price increases—YouTube TV now costs $73 a month—I realized my family wasn’t watching it nearly enough to justify the money. So I ditched it. More...
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