Marc Benioff's Salesforce Spent a Record $27 Billion on Stock Buybacks in a Single Quarter to Fight What He Calls the "SaaSpocalypse." Here's Why the Size of That Repurchase Matters.
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2 Articles
Marc Benioff's Salesforce Spent a Record $27 Billion on Stock Buybacks in a Single Quarter to Fight What He Calls the "SaaSpocalypse." Here's Why the Size of That Repurchase Matters.
This massive buyback comes amid surging usage of Salesforce's AI products.
A survey has revealed that artificial intelligence (AI) is rapidly changing consumers' product search paths. It was found that approximately half of domestic commerce companies have already taken steps to respond, such as providing product data to AI search platforms. Salesforce announced on the 13th that it has released the ‘Global Commerce Trends Report’ containing these findings. The report covers 13 industries across 20 countries worldwide, …
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