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Why Bret Taylor is the logical choice for Salesforce CEO

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Salesforce is actively preparing COO Bret Taylor for chief executive officer role, according to a Reuters report. Taylor has long been rumored to be Marc Benioff s successor: His profile within Salesforce has risen tremendously. Taylor helped bring the Slack deal to fruition and is key to shaping Salesforce s long-term vision. Salesforce is actively preparing COO Bret Taylor to be chief executive officer, people familiar with the matter told Reuters. The promotion is not imminent but could happen in the next couple months, the Tuesday report said.

Microsoft Mesh shows growing importance of Teams, future of VR at work

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Microsoft signaled plans to take Teams beyond messaging with a new virtual reality platform. Called Microsoft Mesh, the platform uses VR to make people feel like they re next to each other. Microsoft believes Teams is more than just a chat app. This week, at its virtual Microsoft Ignite event, the company signaled its ambitions to go beyond messaging and video conferencing by announcing new features, including a new virtual and augmented reality platform called Microsoft Mesh essentially, a set of cloud-powered tools to help developers build apps that let people meet and collaborate virtually.

Salesforce to Acquire Slack in $27 7 Billion Deal

); //]]>// >By Richard Adhikari Dec 1, 2020 5:23 PM PT CRM giant Salesforce on Tuesday signed a definitive agreement to purchase enterprise communications platform Slack, as widely expected. Under the terms of the agreement, Salesforce will pay $26.79 in cash and 0.0776 shares of its common stock for each share of Slack, for a total of about $27.7 billion. Combining Slack with Salesforce Customer 360 will be transformative for customers and the industry, Salesforce stated. Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it, said Marc Benioff, Chair and CEO, Salesforce. This is a match made in heaven, Benioff continued. Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world. I m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes.

What analysts expect for Salesforce in 2021: Slack deal, competition

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 2020 was a turbulent year for Salesforce, with significant executive upheaval and its largest acquisition ever when it bought Slack for $27.7 billion. Insider asked analysts and partners what s ahead for the company in 2021 and they said that Salesforce will have to focus on integrating Slack to prove that the acquisition was worth the cost. They re expecting the company to double down on its industry specific clouds, especially for the public sector, as competition continues to mount from Microsoft, Oracle, and even smaller players. 2020 was a turbulent year for Salesforce.

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