Salesforce to buy Slack for 27.7 billion in cloud push
Salesforce.com agrees to acquire Slack for 27.7 billion dollars to bolster its cloud software with a more integrated collaboration platform aimed at competing with Microsoft Office 365 Teams. The deal values Salesforce at about 220 billion and will be funded with stock and cash. Slack stock hovered near its IPO price as the market anticipates the integration timeline between May and July next year.
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BookExpo to End Its Run as ReedPop Retires Event
The BookExpo convention and related events BookCon and UnBound are retired by ReedPop after 25 years. The fate of the show now depends on the book community as publishers shift to online business and cost-cutting, with the pandemic accelerating restructuring and virtual formats.
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Biden picks Yellen and diversity slate for top economic posts
President-elect names Janet Yellen to head the Treasury if confirmed, making her the first woman in that role after serving as Fed chair. He also taps Rouse to lead the CEA, Adeyemo as deputy, and Tanden to run the OMB, all requiring Senate confirmations amid GOP criticism. Runoffs in Georgia could shape Senate control.
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Trump campaign pushes election fraud claims and lawsuits
Trump and allies press ongoing challenges to the 2020 results with meetings by Giuliani and Ellis in several states and new lawsuits. Officials defend certified Biden win and reject fraud allegations as grounds for overturning tens of thousands of votes.
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Rudy Giuliani
Jenna Ellis
Pennsylvania
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Donald Trump
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