#salesforce inc

[youthchronical]

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years. The company said the investment is designed to accelerate the country’s digital transformation and the adoption of Salesforce’s…

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

[youthchronical]

Salesforce to open new AI center in London as part of $4 billion UK investment

A Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City. Gary Hershorn | Getty Images LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the U.K. as a global technology hub. The U.S. software giant said in a statement Thursday that it is opening a more-than…

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[youthchronical]

Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow

A Texas Instruments sign in Dallas, June 14, 2023. Katie Tarasov Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments and is urging the company to improve its free cash flow by adapting a less rigid plan for capital expenditures. In a 13 page letter viewed by CNBC, Elliott proposes that Texas Instruments introduce…

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[erebusvincent]

PayPal to lay off 2,000 employees in coming weeks, about 7% of workforce

The payments giant PayPal adds to the spate of January tech layoffs with plans to cut 7%, CEO Dan Schulman announced Tuesday.