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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Reality Check Venture Capital Entertainment
A16z’s Gaming Metaverse Play; Cognixion’s Assistive Reality Progress
As investment pulls back and tech stock sell-offs continue, leave it to Andreesen Horowitz to dangle a bit of hope for startups aiming to power through to the next boom. The Menlo Park firm announced Wednesday the creation of its first fund focused on the gaming industry, totalling $600 million. And though there’s a current of optimism for immersive tech behind this fund, I would bet that it...
Meta Merges News, Media Partnerships Teams Under Campbell Brown
Cisco Systems Forecasts Revenue Drop, Blames China Lockdowns
Ex-Apple AI Director Goodfellow Returns to Alphabet
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