The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
As Google and Facebook reckon with a barrage of privacy issues and technology workers start demanding more transparency from their employers, Salesforce has just announced the hire of its first chief ethical and humane use officer.
Salesforce said on Monday that Paula Goldman is joining the company from Omidyar Network, the investment firm created by eBay founder Pierre Omidyar. She starts on Jan. 7, and will report to Tony Prophet, Salesforce's chief equality officer, who came from Microsoft in 2016. Her job is to "develop a strategic framework for the ethical and humane use of technology across Salesforce," the company said in a press release.
It's Salesforce co-CEO Marc Benioff's latest effort to tackle head-on some of the pressing issues facing technology companies as they become a bigger piece of the global economy and their products get used in ways that are unpredictable and sometimes dangerous. Benioff recently compared Facebook to cigarettes calling it "addictive" and "not good for you."
"We're at an important inflection point as an industry, and I'm excited to work with this team to chart a path forward," Goldman said in Salesforce's statement on Monday.
While Benioff has been critical of other technology companies and has called for increased government regulation in certain areas, his company has faced some challenges of its own. More than 650 Salesforce employees signed a petition in June to Benioff over the software company's contracts with the U.S. Customs and Border Protection Agency. Three months before that, Salesforce put out a press release announcing that the CPB is using Salesforce analytics and cloud products "to modernize its recruiting process, from hire to retire, and manage border activities and digital engagement with citizens."
Protesters gathered at Salesforce's massive Dreamforce conference in September, claiming that the company was complicit in the government's immigration policy, including the separation of families at the U.S.-Mexico border.
Google and Microsoft have also faced internal dissent regarding bids for a contract with the Pentagon, particularly in regard to how their artificial intelligence technology would be used to aid in warfare.
Benioff has inserted in voice into other hot-button social and political debates of late. Ahead of the mid-term elections last month, he supported a measure that would force tech companies in San Francisco to pay a hefty tax that would go toward helping the city's homeless population, putting him at odds with other tech leaders like Twitter CEO Jack Dorsey.