Cramer says ‘the old Salesforce is back’ after new targets point to faster growth

Cramer says ‘the old Salesforce is back’ after new targets point to faster growth

Salesforce struck back. The business software maker on Wednesday unveiled an optimistic, multiyear financial roadmap that rejects the sluggish-growth narrative that has been dogging the stock. “It’s the old Salesforce, and I’ve been waiting for the old Salesforce,” Jim Cramer said Thursday morning on CNBC. Shares of Salesforce are up more than 4% Thursday on…

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Spotify moves further into AI music with Sony, Universal, Warner

Spotify moves further into AI music with Sony, Universal, Warner

Thomas Fuller | Lightrocket | Getty Images Spotify announced Thursday that it will be partnering with Sony Music Group, Universal Music Group, Warner Music Group, as well as independent licensing agency Merlin and digital music company Believe, to create “responsible” artificial intelligence products. Although the company did not confirm any specific AI tools in development,…

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Alibaba says AI spending for e-commerce Taobao Tmall is breaking even

Alibaba says AI spending for e-commerce Taobao Tmall is breaking even

Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years. CNBC | Evelyn Cheng SHANGHAI — Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday. The Chinese tech giant…

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