Sun. Jan 29th, 2023

Tech shares bought a bump on Monday morning after Elliott Funding Administration took a multibillion-dollar place in Salesforce Inc., heralding a battle to squeeze greater returns out of the enterprise-software big.

Shareholder activism is ramping up and up to date job cuts from Alphabet Inc., Amazon Inc., Microsoft Corp. and others might go deeper if the objective is to get again to pre-Covid staffing ranges. Elon Musk has proven that a big web platform can preserve the lights on with a fraction of the workers. May an analogous activist assault tackle the remainder of Massive Tech, whose shares have dropped over the previous …

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