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Walmart is shopping an unexpected product: its technology

Jan 17, 2023
Analysts say the world's largest retailer is growing its footprint in services as it seeks new sources of revenue.
Walmart's new partnership with Salesforce is helping it branch out more into services and tech.
Samuel Corum//AFP via Getty Images

How companies decide to lay off workers

Jan 5, 2023
Layoffs are often one of the first ways companies cut costs. But they don’t take them lightly because there’s a lot at stake, not least employee goodwill and public image.
Amazon is beginning layoffs again after starting staff cuts in November. The layoffs are impacting roughly 5% of Amazon's workforce.
Justin Sullivan/Getty Images

Layoffs at tech companies signal a shift in IT spending

Jan 5, 2023
Salesforce said this week it’s reducing office space and laying off about 10% of its workforce, after years of increasing employee headcount. Some analysts say this could be a sign of the company maturing.
Salesforce announced that it will lay off around 10% of its workforce, which comes after a previous pandemic-era expansion.
Stephen Lam/Getty Images

Salesforce is buying messaging app Slack for $27.7 billion

It's Salesforce's largest acquisition yet.
Marc Benioff, founder, chairman and CEO of Salesforce
Nicholas Kamm/AFP via Getty Images

Dow index boosts its tech profile with addition of Salesforce

Aug 25, 2020
Bellwether market index also adds Honeywell and Amgen and expels Exxon and others. Move reflects tech's expanding role in the economy.
The floor of the New York Stock Exchange in March. The Dow Jones index has been updated to maintain its relevance, in one expert's view.
Spencer Platt/Getty Images

What $130 billion company Salesforce actually does

Sep 10, 2019
Megan Graham wrote about Salesforce's attempt to clarify its work for CNBC.
One Salesforce ad shows how the company can help an online shoe retailer make a sale through data it has on customer tastes. Above, shoe fashion in 1960.
Hulton Archive/Getty Images
Andrew Loy begs along a sidewalk in downtown San Francisco, California on Tuesday, June, 28, 2016. Homelessness is on the rise in the city irking residents and bringing the problem under a spotlight.

For public good, not for profit.

Time magazine may have time on its side now

Sep 17, 2018
With new billionaire owners in the wings, the iconic publication will have breathing room to focus on its future.