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Salesforce buying work-chat service Slack for $27.7 billion
Read full article: Salesforce buying work-chat service Slack for $27.7 billionIn a deal announced Tuesday, Dec. 1, 2020, business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. (AP Photo/Darron Cummings, File)Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. But software as a service has become an industry standard that has turned into a gold mine for longtime software makers. Slack and Salesforce are headquartered about a block away from each other in San Francisco. Slack," Benioff said.
Marc Benioff says CEOs must do more
Read full article: Marc Benioff says CEOs must do moreGetty(CNN) - The old adage from Nobel Prize-winning economist Milton Friedman that "the business of business is business" is dead, says Salesforce CEO Marc Benioff. Stakeholders aren't just those who invest in the company, Benioff says, but those in the surrounding community and beyond. But Salesforce, Benioff claims, is already following that model. You cannot wash your hands of your responsibility to the public schools or to the homeless or to whoever," Benioff said. "This is a time where tech CEOs are really confronted with some extremely difficult situations," Benioff said.