Microsoft Buys Yammer: Who Will Make The Next Move?
The $1.2 billion deal has potentially big implications for SAP and Salesforce [...] more>>
Evangelical tech entrepreneur Marc Benioff believes companies and products are naturally and now digitally "social." His Salesforce.com was dubbed "most innovative company in the world" by Clayton M. Christensen's new ranking in Forbes. Yet investor enthusiasm for the stock has waned: it has traded down 10% over the past year, behind the general tech index, as annual revenues approach $3 billion. Benioff founded his first company at age 15 to write Atari videogames. He started Salesforce after stints at Apple and Oracle; he championed "the end of software" and declared the company's mission to take traditional software online. The industry has followed. In June 2010 he pledged $100 million to University of California, San Francisco, toward construction of a new children's hospital, and plans to give more. This December Benioff and his wife, Lynne, donated $1.5 million to move homeless children in San Francisco into housing. The Hawaii fan signs emails "Aloha." [...] more
The $1.2 billion deal has potentially big implications for SAP and Salesforce [...] more>>
Salesforce believes the next big driver in technology sales is from marketing expenditure and this move positions it to capitalize on that growth opportunity. [...] more>>
Four billionaires -- New York City Mayor Mike Bloomberg, Qualcomm cofounder Irwin Jacobs, Steve Jobs' widow Laurene Powell Jobs and Salesforce.com founder Marc Benioff-- plus the Lance Armstrong Foundation all put money toward the passage of California’s Prop. 29, aimed at raising cigarette taxes by $1 per pack. Voters go to the polls Tuesday. [...] more>>
Over the past decade I've been fortunate to following the comings and goings of some of Silicon Valley's greatest leaders. I arrived here in 2002, when the party was over and the clean-up crew was still hard at work. It was a quiet, somber place. Now it is booming again, [...] [...] more>>
“We are seeing both Salesforce.com and Oracle move away from pitching CRM to pitching the overall customer experience.” [...] more>>
This might be a reason to rethinking buying up beaten-down shares of Facebook. Salesforce is reportedly purchasing Buddy Media, the Facebook ad-targeting technology company, for $800 million, and supposedly beating out Google in the deal, says Peter Kafka of All Things Digital. Though that's a trifle amount compared to Facebook's current [...] [...] more>>
| Salary | $900,000 |
| Bonus | $0 |
| Restricted stock awards | $0 |
| All other compensation | $0 |
| Option awards | $19,015,290 |
| Non-equity incentive plan compensation | $900,000 |
| Change in pension value and nonqualified deferred compensation earnings | $0 |
| Total Compensation | $20,815,290 |
| Number of securities underlying options exercisable | 325,000 |
| Number of securities underlying options unexercisable | 275,000 |
| Number of shares owned | 10,000,000 |
