Salesforce Inc., a leading customer relationship management software provider, has announced plans to invest $1 billion in Singapore over the next five years. This initiative reinforces the company's commitment to strengthening its position in the rapidly growing markets of Southeast Asia. The investment will focus on expanding corporate presence in the region and developing innovative technologies, including artificial intelligence (AI) platforms.

On May 5, Microsoft announced that Skype will ring for the last time as the company discontinues support for the service that transformed the way international calls were made over two decades. This decision marks a strategic turning point in digital communications, shifting the focus toward Microsoft Teams $MSFT.

Salesforce $CRM, a leading provider of software as a service (SaaS), recently revised its financial outlook for 2026. The updated projections suggest that the company's revenue for the specified fiscal year will fall short of Wall Street expectations, primarily due to the slower adoption of its software product, Agentforce. Following these revelations, the company's shares dropped by nearly 5% in after-hours trading.

Salesforce $CRM, a leading provider of customer relationship management (CRM) software, has announced a reduction of more than 1,000 jobs. Simultaneously, the company is actively recruiting specialists to enhance the sales of new artificial intelligence (AI)-based products, signifying a strategic shift in its operational model.