Billionaire donates $35 million to microbiome research
SAN FRANCISCO (AP) — A San Francisco billionaire has donated $35 million to Stanford University and the University of California, San Francisco to enhance their study of the human...
INDIANAPOLIS (AP) — Business software company Salesforce says it aims to provide skills training to 1 million people as part of a Trump administration push to boost career opportunities among...
SAN FRANCISCO (AP) — A San Francisco billionaire is donating $30 million to the University of California, San Francisco, to research root causes of homelessness and potential...
Meredith to sell Fortune brand for $150 million
NEW YORK (AP) — Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash to Fortune Media Group.
The deal, subject to regulatory approval, is expected to close by the end of the year. Meredith said Friday it will use the proceeds to pay down debt.
Fortune Media Group is owned outright by Thai businessman Chatchaval Jiaravanon, a part owner of the international conglomerate Charoen Pokphand Group.
Legal challenge likely for San Francisco tax to aid homeless
SAN FRANCISCO (AP) — San Francisco voters approved a tax on the city's wealthiest companies Tuesday in an attempt to alleviate homelessness in a place where residents at risk of being priced out routinely encounter people sleeping on the streets.
The Latest: San Francisco approves tax to help homeless
LOS ANGELES (AP) — The latest on the midterm election in California.
Voters in San Francisco have approved a measure to tax some of the city's wealthiest companies to provide services for the homeless.
Proposition C has divided the city's elite tech titans, with Salesforce founder Marc Benioff supporting it and Twitter chief executive Jack Dorsey among those opposed.
Benioff has donated at least $8 million from company and personal resources.
Co-founder of Salesforce buys Time magazine for $190 million
WASHINGTON (AP) — Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday.
Meredith announced that it was selling Time magazine for $190 million in cash to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer.
Meredith had completed the purchase of Time along with other publications of Time Inc. earlier this year.
The Latest: Prime minister pitches Canada as tech-friendly
SAN FRANCISCO (AP) — The Latest on Canadian Prime Minister Justin Trudeau's visit to San Francisco (all times local):
Canadian Prime Minister Justin Trudeau is in San Francisco to pitch Canada as a destination for tech investors.
He's already having some success.
Salesforce CEO Marc Benioff said Thursday the online business software company will invest another $2 billion in its Canadian operations.
First job: Founded Liberty SoftwareThe founder and CEO of Salesforce continues to advance his goal of revamping the software business by moving everything to the cloud. A chief proponent of software as a service, Benioff is credited with driving his industry in new directions and changing perceptions. His first job was as the founder of Liberty Software at age 15. The company made games for the Atari 8-bit system.
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