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
Japan fund eyes JSR buyout as Tokyo ramps up chip interventionAn acquisition by Japan Investment Corp (JIC), overseen by the powerful trade ministry, would be the latest in a series of increasingly mus...
26 Jun, 2023, 11.28 AM 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
New York Times earnings beat estimates as it signs up more digital subscribersThe Times has in the past few years embarked on a bundling push, combining its core news reports with digital content ranging from podcasts...
08 Feb, 2023, 08.08 PM 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
Nikkei slumps to 4-month low as inflation scare hits expensive sharesOther richly valued shares, mainly from the tech and healthcare sectors, fell sharply, with medical equipment maker Terumo down 4.4%, chip-...
13 May, 2021, 12.32 PM IST
This founder is giving his first 50 employees $233 million of his stockThe company has garnered its share of skeptics. In June, as the shares surged to almost $80, a frenzy of short sellers sent Nikola borrowin...
27 Aug, 2020, 10.22 AM IST
Europe follows Asian stocks lower as U.S.-China tensions escalateThe pan-European STOXX 600 index was down 0.2% by 0717 GMT, with banks, automakers and oil and gas firms leading declines.
07 Aug, 2020, 03.33 PM IST
A truck maker with zero revenue scores $7.6 billion return for early backersSix investors have positions in the truck maker totaling $8.3 billion after investing about $650 million combined, according to an analysis...
17 Jun, 2020, 11.17 PM IST
Japan shares touch 2-week low on oil slump, caution before earningsOn the Nikkei index, there were 55 advancers against 165 decliners.
22 Apr, 2020, 02.26 PM IST
After $31 trillion inflows, funds figure out socially responsible investingNearly 30% of hedge funds say they’re using ESG considerations to inform investment decisions.
22 May, 2019, 07.44 PM IST
Nikkei gains on strong Wall Street; Olympus jumpsThe Nikkei share average rose 1.0 per cent to 20,359.70.
11 Jan, 2019, 01.05 PM IST
Rolls-Royce plans Asian manufacturing push as China still keyRolls-Royce Holdings Plc said it will step up plans to establish an Asian manufacturing capability to match that in its native U.K. as it d...
08 Oct, 2015, 01.28 PM IST
PM Modi best PM in the most complex nation, tweets Rupert Murdoch after media meetMaking his pitch for smoother IPR regime, PM said India not just valued intellectual property but also was doing everything to protect it, ...
25 Sep, 2015, 12.06 PM IST
US media honchos seek speedier digitisation of Indian system during meet with PM Narendra ModiDescribing India as the "biggest market", America's media honchos have called for speedier digitisation of the Indian system.
25 Sep, 2015, 11.27 AM IST