Marc Benioff

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Warren Buffett Passes the Baton on His Famed Lunch

The Glide Foundation will auction off a private lunch with Salesforce CEO Marc Benioff

(Newser) - The California homeless charity that received $53 million over the years from investors who wanted a private lunch with billionaire Warren Buffett has found a new business executive to auction off a meal with. The Glide Foundation said Tuesday that it will hold an auction on eBay next month for...

Salesforce Cutting Thousands of Workers

10% of the company's staff will be cut

(Newser) - Salesforce is laying off about 10% of its workforce, or nearly 8,000 employees, in the latest round of job cuts in the tech industry as corporations cut back on software and other spending. The San Francisco cloud computing software company will also be closing some offices, according to a...

Salesforce's CEO Went on Vacation, Had an Epiphany

Marc Benioff isn't the only CEO anymore

(Newser) - Salesforce had an envy-worthy 2018. The markets had their gloomiest year since 2008 , but Salesforce shares were up 34%. In the most recent quarter, revenue and earnings topped estimates for the 30,000-employee company. Ari Levy looks at what CEO Marc Benioff is doing right—and Levy begins his lengthy...

Top Tech CEOs Bicker Over Chronic Homelessness

Jack Dorsey, Marc Benioff trade barbs on Twitter

(Newser) - Two of the world's top tech CEOs disagree about how to ease homelessness in San Francisco—a city where extreme wealth glitters alongside roughly 7,500 living on the streets, the Guardian reports. At issue is a proposed tax on wealthy city businesses that Salesforce CEO Marc Benioff supports...

CEO 'Too Busy Scuba Diving' to Deal With Border Crisis

Marc Benioff slammed for CBP contract

(Newser) - Salesforce CEO Marc Benioff is taking flak for his tech company's contract with US Customs and Border Protection—and for the way he backed out of a call with a nonprofit group at the height of the family separation crisis. In an email seen by the Guardian , Benioff called...

Tech Billionaire, Wife to Buy Time for $190M

Benioffs set to become mag's 2nd owners in a year

(Newser) - Time magazine is about to change hands for the second time in less than a year. In a deal awaiting the approval of regulators, Salesforce founder Marc Benioff and his wife, Lynne, are buying the 95-year-old magazine from Meredith Corporation for $190 million, CNBC reports. Meredith—which acquired Time Inc....

The 10 CEOs Most-Loved by Their Employees

Mark Zuckerberg, Tim Cook make the list

(Newser) - It's no easy task to get 99% of employees to like you, but that's exactly what three CEOs have done, according to a Glassdoor survey. The recruiting firm ranked the highest-rated CEOs of major firms based on more than 2 million employee reviews, reports the Wall Street Journal...

Tim Cook Slams 'Dangerous' Indiana Law

Apple will stand up against discrimination, he says

(Newser) - Laws like the recently passed Indiana one allowing businesses to refuse gay customers on the grounds of religious freedom are bad for business and bad for America, Tim Cook warns. In a Washington Post op-ed, the Apple CEO says a "very dangerous" wave of legislation in more than two...

Business Gurus Opine: How I'd Fix Microsoft

From building a better tablet to creating more chaos

(Newser) - Microsoft revenue tripled under soon-to-be-ex CEO Steve Ballmer , but the one thing that $78 billion in sales can't buy is street cred. The Wall Street Journal asks an assortment of business leaders how they'd help the company get its groove back. A few highlights:
  • Alex Rampell, co-founder and
...

More Billionaires Agree to Give Away Half Their Wealth

But where's the money going?

(Newser) - Bill Gates and Warren Buffett have convinced 11 more billionaires to give away half of their wealth. The richies, including Netflix CEO Reed Hastings, will bring the total number of families participating in the "Giving Pledge" to 92. The campaign, launched two years ago, aims to convince the wealthy...

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