Jun.25 -- Kimberly Forrest, senior managing portfolio manager at Fort Pitt Capital, discusses the trade tensions around the globe and its impact on markets. She speaks on "Bloomberg Daybreak: Asia."
More than 650 Salesforce employees reportedly sent a letter to CEO Marc Benioff criticizing the company's work with the U.S. Customers and Border Protection agency. The letter said the company's values were imperiled by working with the border agency, at a time when parents and children of migrants illegally crossing the border are being separated. Salesforce is the latest tech company to come under fire as Silicon Valley struggles to reconcile its progressive ethos with much coveted and highly-valuable government contracts.
Tim Cook at an Apple event in 2016.
Now that former Intel CEO Brian Krzanich has dramatically and suddenly resigned, the whole world is guessing Intel will hire as its new CEO.We've named the list of possible new CEOs that insiders have are talking about, but there's another obvious candidate getting a fair share of the attention: VMware CEO Pat Gelsinger.Gelsinger has already publicly denied any interest in leaving VMware, as the CEOs of public companies are wont to do. And there's one person who watched Gelsinger's response closely: Gelsinger's boss, Michael Dell. ...
Goodbye, Samsung. Hello, TSMC?
Hundreds of Salesforce.com Inc. employees signed a letter to Chief Executive Officer Marc Benioff criticizing the company's contracts with the U.S. Customs and Border Protection agency, the latest in a series of staff protests at technology firms over government work. The letter said staff recently learned that the CBP is using three Salesforce products to recruit and "manage border activities." The agency is one of several that implement and enforce Trump administration immigration policies at the U.S.-Mexico border, including one that separated families. President Donald Trump signed an order stopping the practice last week, although there's confusion over how authorities will handle enforcement and reunite families.
It's been a publicly traded company for less than 90 days, but there has been no shortage of positive news about the business.
