Salesforce is so focused on integrating Slack, the workplace collaboration firm it bought last year for $27.7 billion, that major acquisitions are off the table for the foreseeable future, co-CEOs Marc Benioff and Bret Taylor reiterated on multiple occasions during an earnings call . “We continue to look at tactical M&A, but [Slack has become] our most strategic initiative in the company...
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Amazon Takes Its Time Delivering Second Round of Job Cuts
Amazon is in the lead! The e-commerce behemoth has moved ahead of Alphabet in the contest to win this year’s IBM Cup, awarded occasionally to the most bureaucratic and slow-moving big tech company around. That’s one takeaway from Amazon CEO Andy Jassy’s explanation today for cutting another 9,000 jobs, on top of the 18,000 layoffs already announced. Jassy said in November the job cuts flowed...
FTX Sues Liquidators of Bahamas Unit
Flagstar Acquires Most of Signature Bank, Excluding Crypto Business
Amazon Laying Off 9,000 More Employees, Including in AWS, Ads, Twitch
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