Tinder-parent Match names insider Steven Bailey as new CFOSteven Bailey will replace incumbent Gary Swidler, who has been in the role for nearly a decade, on March 31. Swidler would, however, conti...
08 Oct, 2024, 09.06 AM IST
US stocks open lower as changing rate expectations boost yieldsWall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope o...
07 Oct, 2024, 08.42 PM IST
Wall Street mixed ahead of economic data; CPI in focusWall Street ended with mixed results as investors awaited key U.S. economic data and retailer earnings. The Dow Jones fell, while the S&P 5...
13 Aug, 2024, 07.26 AM IST
US stocks edge lower in lead up to data delugeWall Street opened higher on Monday as indexes add to their recovery from a hammering early last week, with investors gearing up for a delu...
12 Aug, 2024, 09.22 PM IST
Tinder parent Match to cut 6% jobs as activist investors seek changesMatch Group is set to reduce its workforce by around 6% and halt live-streaming on its dating apps. The changes follow pressure from activi...
31 Jul, 2024, 09.09 AM IST
Salesforce's strong stock price wooed some investors during third quarterSachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped it...
15 Nov, 2023, 08.41 AM IST
Starboard urges 'undervalued' GoDaddy to explore options including saleThe investment firm took a stake in the company in 2021 and is its third-largest shareholder, with an interest of 7.8%.
12 Sep, 2023, 07.04 PM IST
Salesforce CEO Marc Benioff shakes up top ranks: reportMiguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chi...
08 Jun, 2023, 08.54 AM IST
Salesforce posts slowest quarterly revenue growth since 2010Shares of the San Francisco, California-based company fell nearly 5% in trading after the bell. They have surged by more than two-thirds so...
01 Jun, 2023, 09.37 AM IST
Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
02 Mar, 2023, 08.24 AM IST
Salesforce appoints new board directors amid activist investor pressureThe company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief e...
27 Jan, 2023, 09.26 PM IST
Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
27 Jan, 2023, 11.37 AM IST
Activist investor Elliott Management takes stake in Salesforce: reportElliott has made many technology focused investments. It recently won a board seat at Pinterest Inc when the company added Elliott portfoli...
23 Jan, 2023, 08.52 AM IST
Salesforce to layoff 10% of employees, close some of its officesSalesforce Inc has announced that it would lay off about 10% of its employees and close some offices as a part of its restructuring plan, r...
06 Jan, 2023, 10.00 AM IST
Yahoo CEO Mayer downplayed the biggest threat company is facingYahoo CEO Marissa Mayer downplayed the threat posed by activist investors for more than a year, dismissing the danger as a noisy distraction
28 Mar, 2016, 11.32 AM IST
Yahoo CEO Marissa Mayer defends strategy in face of criticism"This team has now been in place for two years and we've achieved much more than many people realize," Mayer said.
22 Oct, 2014, 10.39 AM IST
Yahoo investors could reap $11 billion in breakupYahoo, now worth less than those Asian stakes, has put $1.3 billion toward takeovers since 2012, around the same time Mayer took the helm.
01 Oct, 2014, 08.55 AM IST